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Pricing

2022
Exports $445kWorld Rnk 24 / 131
Flag Rnk 1184 / 1217
2022
Destination $60.3k Spain
2021 - 2022
FASTEST GROWING MARKET $60.3kUnited Kingdom
2022
Imports $1.99MWorld Rnk 35 / 206
Flag Rnk 1151 / 1215
2022
Origin $165k Madagascar
2021 - 2022
FASTEST GROWING ORIGIN $165kFrance
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $445k in Cloves, making it the 24th largest exporter of Cloves in the world. At the same year, Cloves was the 1184th most exported product in Italy. The main destination of Cloves exports from Italy are: Spain ($118k), United Kingdom ($76.9k), Greece ($74.9k), Germany ($34.9k), and Denmark ($28.8k).

The fastest growing export markets for Cloves of Italy between 2021 and 2022 were United Kingdom ($60.3k), Denmark ($28.7k), and Canada ($17.7k).

Imports In 2022, Italy imported $1.99M in Cloves, becoming the 35th largest importer of Cloves in the world. At the same year, Cloves was the 1151st most imported product in Italy. Italy imports Cloves primarily from: Madagascar ($388k), France ($367k), Netherlands ($299k), Indonesia ($297k), and Germany ($199k).

The fastest growing import markets in Cloves for Italy between 2021 and 2022 were France ($165k), Madagascar ($153k), and Netherlands ($78.4k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Cloves exports accounted up to €44.1k and imports accounted up to €98.2k, resulting in a negative trade balance of €54.2k. Between March 2023 and March 2024 the exports of Italy's   Cloves have increased by €237 (0.54%) from €43.8k to €44.1k, while imports decreased by €-4.12k (-4.03%) from €102k to €98.2k.

Destinations In March 2024, Cloves were exported mostly to Spain (€22.4k), Germany (€5.02k), Slovenia (€4.52k), United Kingdom (€3.23k), and France (€2.88k), and were imported mostly from France (€37.6k), Germany (€23.1k), Spain (€18.7k), Netherlands (€10k), and Austria (€6.49k).

Growth In March 2024, the increase in Cloves's year-by-year exports was explained primarily by an increase in exports to Spain (€11.6k or 61%), Austria (€337 or 784%), and Slovenia (€193 or 1.21k%). In March 2024, the decrease in Cloves's year-by-year imports was explained primarily by a decrease in imports from France (€-36.9k or -50.5%), Austria (€-11.9k or -85.8%), and Indonesia (€-7.08k or -75.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€237(0.54%)
IMPORT GROWTH (March 2023 - March 2024)€-4.12k(-4.03%)
MAIN DESTINATION (March 2024)Spain€22.4k

This section shows Cloves's exports and imports data at subnational level for Italy. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cloves over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$445k
IMPORTS (2022)$1.99M
NET TRADE (2022)-$1.54M

In 2022, Italy exported $445k in Cloves. The main destinations of Italy exports on Cloves were Spain ($118k), United Kingdom ($76.9k), Greece ($74.9k), Germany ($34.9k), and Denmark ($28.8k).

In 2022, Italy imported $1.99M in Cloves, mainly from Madagascar ($388k), France ($367k), Netherlands ($299k), Indonesia ($297k), and Germany ($199k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United Kingdom$60.3k (364%)
Denmark$28.7k (35.9k%)
Canada$17.7k (12.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY Italy WERE (2021 - 2022):
France-$62k (-70.2%)
Switzerland-$31.8k (-93.7%)
Slovakia-$22k (-99.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Cloves were:
Madagascar $309M
Indonesia $62.6M
Tanzania $43.8M
In 2022, Italy's main importing competitors in Cloves were:
Indonesia $143M
Singapore $109M
India $88.5M

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Trade Value of Cloves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $21.8k
TOP IMPORT POTENTIALMadagascar+ $366k

Cloves’s highest export potential is France. With an export gap of $21.8k.   Cloves’s highest import potential is Madagascar with an import gap of $366k.

See methodology.

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