Cloves in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $1.42M in Cloves, making it the 16th largest exporter of Cloves in the world. At the same year, Cloves was the 1170th most exported product in United States. The main destination of Cloves exports from United States are: Canada ($742k), Philippines ($114k), Costa Rica ($91.7k), Mexico ($68.2k), and France ($54.2k).

The fastest growing export markets for Cloves of United States between 2021 and 2022 were Canada ($239k), Philippines ($101k), and France ($53.9k).

Imports In 2022, United States imported $20.3M in Cloves, becoming the 6th largest importer of Cloves in the world. At the same year, Cloves was the 1072nd most imported product in United States. United States imports Cloves primarily from: Indonesia ($5.19M), Madagascar ($3.63M), India ($3.36M), Sri Lanka ($2.56M), and Canada ($795k).

The fastest growing import markets in Cloves for United States between 2021 and 2022 were Madagascar ($2.84M), Indonesia ($1.3M), and India ($958k).

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

March 2024

About

Overview In March 2024 United States' Cloves exports accounted up to $76.6k and imports accounted up to $2.45M, resulting in a negative trade balance of $2.38M. Between March 2023 and March 2024 the exports of United States' Cloves have increased by $27.6k (56.5%) from $49k to $76.6k, while imports increased by $1.17M (91.1%) from $1.28M to $2.45M.

Destinations In March 2024, Cloves were exported mostly to Canada ($47.2k), Bahamas ($24k), El Salvador ($2.88k), Barbados ($2.57k), and Costa Rica ($0), and were imported mostly from Indonesia ($918k), Madagascar ($524k), Sri Lanka ($320k), Singapore ($225k), and Comoros ($151k).

Growth In March 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 March 2024, the increase in Cloves's year-by-year imports was explained primarily by an increase in imports from Indonesia ($497k or 240%), India ($381k or 410%), and Sri Lanka ($221k or 1.36k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$27.6k(56.5%)

IMPORT GROWTH (March 2023 - March 2024)$1.17M(91.1%)

MAIN EXPORTER (March 2024)Florida$99.9k

MAIN DESTINATION (March 2024)Canada$47.2k

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$1.42M

IMPORTS (2022)$20.3M

NET TRADE (2022)-$18.9M

In 2022, United States exported $1.42M in Cloves. The main destinations of United States exports on Cloves were Canada ($742k), Philippines ($114k), Costa Rica ($91.7k), Mexico ($68.2k), and France ($54.2k).

In 2022, United States imported $20.3M in Cloves, mainly from Indonesia ($5.19M), Madagascar ($3.63M), India ($3.36M), Sri Lanka ($2.56M), and Canada ($795k).

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