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2023
Exports $766kWorld Rnk 21 / 131
Flag Rnk 1186 / 1217
2023
Destination $80.5k Costa Rica
2022 - 2023
FASTEST GROWING MARKET $80.5kMadagascar
2023
Imports $20.6MWorld Rnk 6 / 205
Flag Rnk 1062 / 1215
2023
Origin $1.75M Indonesia
2022 - 2023
FASTEST GROWING ORIGIN $1.75MIndonesia
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $766k in Cloves, making it the 21st largest exporter of Cloves in the world. At the same year, Cloves was the 1186th most exported product in United States. The main destination of Cloves exports from United States are: Costa Rica ($100k), Madagascar ($80.5k), Mexico ($74.4k), Canada ($64k), and Trinidad and Tobago ($51.1k).

The fastest growing export markets for Cloves of United States between 2022 and 2023 were Madagascar ($80.5k), Mexico ($61k), and Guyana ($32.3k).

Imports In 2023, United States imported $20.6M in Cloves, becoming the 6th largest importer of Cloves in the world. At the same year, Cloves was the 1062nd most imported product in United States. United States imports Cloves primarily from: Indonesia ($7.73M), India ($3.37M), Sri Lanka ($3.02M), Madagascar ($1.82M), and Singapore ($1.01M).

The fastest growing import markets in Cloves for United States between 2022 and 2023 were Indonesia ($1.75M), Sri Lanka ($789k), and Singapore ($496k).

COMPANIES In 2023, leading companies such as Loblaws Supermarkets (5) and Goya Foods (1) were at the forefront of shipping Cloves to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Cloves exports accounted up to $154k and imports accounted up to $2.17M, resulting in a negative trade balance of $2.02M. Between November 2023 and November 2024 the exports of United States'   Cloves have increased by $35.5k (30%) from $118k to $154k, while imports decreased by $-119k (-5.21%) from $2.29M to $2.17M.

Destinations In November 2024, Cloves were exported mostly to Canada ($133k), Trinidad and Tobago ($13.3k), Mexico ($3.98k), Malaysia ($3.75k), and Vietnam ($0), and were imported mostly from Indonesia ($1.11M), Sri Lanka ($362k), India ($296k), Vietnam ($172k), and Madagascar ($120k).

Growth In November 2024, the increase in Cloves's year-by-year exports was explained primarily by an increase in exports to Canada ($8.1k or 15.7%) and Mexico ($5.31k or 149%). In November 2024, the decrease in Cloves's year-by-year imports was explained primarily by a decrease in imports from Madagascar ($-204k or -69.7%) and China ($-55.2k or -71.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$35.5k(30%)
IMPORT GROWTH (November 2023 - November 2024)$-119k(-5.21%)
MAIN EXPORTER (November 2024)Florida$99.9k
MAIN DESTINATION (November 2024)Canada$133k

This section shows Cloves's exports and imports data at subnational level for United States. 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 (2023)$766k
IMPORTS (2023)$20.6M
NET TRADE (2023)-$19.9M

In 2023, United States exported $766k in Cloves. The main destinations of United States exports on Cloves were Costa Rica ($100k), Madagascar ($80.5k), Mexico ($74.4k), Canada ($64k), and Trinidad and Tobago ($51.1k).

In 2023, United States imported $20.6M in Cloves, mainly from Indonesia ($7.73M), India ($3.37M), Sri Lanka ($3.02M), Madagascar ($1.82M), and Singapore ($1.01M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR United States WERE (2022 - 2023):
Madagascar$80.5k (1%)
Mexico$61k (456%)
Guyana$32.3k (445%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY United States WERE (2022 - 2023):
Canada-$94.6k (-59.7%)
Germany-$21.7k (-100%)
Bermuda-$16.9k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Cloves were:
Madagascar $339M
Indonesia $95M
Comoros $65.6M
In 2023, United States's main importing competitors in Cloves were:
Indonesia $199M
India $141M
Singapore $51.1M

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Trade Value of Cloves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $48.3k
TOP IMPORT POTENTIALMadagascar+ $2.71M

Cloves’s highest export potential is Mexico. With an export gap of $48.3k.   Cloves’s highest import potential is Madagascar with an import gap of $2.71M.

See methodology.

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