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Exports In 2022, Sri Lanka exported $21.5M in Cloves, making it the 7th largest exporter of Cloves in the world. At the same year, Cloves was the 93rd most exported product in Sri Lanka. The main destination of Cloves exports from Sri Lanka are: India ($7.49M), Saudi Arabia ($3.07M), United States ($2.56M), Germany ($1.61M), and United Arab Emirates ($1.44M).

The fastest growing export markets for Cloves of Sri Lanka between 2021 and 2022 were Saudi Arabia ($1.46M), Pakistan ($244k), and United Kingdom ($186k).

Imports In 2022, Sri Lanka imported $80.8k in Cloves, becoming the 118th largest importer of Cloves in the world. At the same year, Cloves was the 991st most imported product in Sri Lanka. Sri Lanka imports Cloves primarily from: United Arab Emirates ($57.4k), India ($23.3k), Germany ($15), Australia ($6), and Indonesia ($4).

The fastest growing import markets in Cloves for Sri Lanka between 2021 and 2022 were United Arab Emirates ($3.36k), Australia ($6), and Indonesia ($4).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cloves. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$21.5M
IMPORTS (2022)$80.8k
NET TRADE (2022)$21.4M

In 2022, Sri Lanka exported $21.5M in Cloves. The main destinations of Sri Lanka exports on Cloves were India ($7.49M), Saudi Arabia ($3.07M), United States ($2.56M), Germany ($1.61M), and United Arab Emirates ($1.44M).

In 2022, Sri Lanka imported $80.8k in Cloves, mainly from United Arab Emirates ($57.4k), India ($23.3k), Germany ($15), Australia ($6), and Indonesia ($4).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Saudi Arabia$1.46M (90.9%)
Pakistan$244k (169%)
United Kingdom$186k (27.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY Sri Lanka WERE (2021 - 2022):
India-$11.9M (-61.4%)
United Arab Emirates-$2.82M (-66.2%)
Mexico-$454k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Cloves were:
In 2022, Sri Lanka's main importing competitors in Cloves were:

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Trade Value of Cloves by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALJapan+ $86.5k
TOP IMPORT POTENTIALIndia+ $11.7k

Cloves’s highest export potential is Japan. With an export gap of $86.5k.   Cloves’s highest import potential is India with an import gap of $11.7k.

See methodology.

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