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Exports In 2022, Vietnam exported $2.25M in Cloves, making it the 14th largest exporter of Cloves in the world. At the same year, Cloves was the 839th most exported product in Vietnam. The main destination of Cloves exports from Vietnam are: United States ($392k), Netherlands ($318k), Sweden ($242k), Japan ($207k), and Pakistan ($146k).

The fastest growing export markets for Cloves of Vietnam between 2021 and 2022 were Singapore ($139k), Pakistan ($128k), and United States ($121k).

Imports In 2022, Vietnam imported $5.61M in Cloves, becoming the 11th largest importer of Cloves in the world. At the same year, Cloves was the 931st most imported product in Vietnam. Vietnam imports Cloves primarily from: Madagascar ($3.4M), Singapore ($982k), Indonesia ($550k), China ($415k), and India ($216k).

The fastest growing import markets in Cloves for Vietnam between 2021 and 2022 were Madagascar ($1.98M), Singapore ($216k), and India ($174k).

Latest Trends

Sep 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)$2.25M
IMPORTS (2022)$5.61M
NET TRADE (2022)-$3.37M

In 2022, Vietnam exported $2.25M in Cloves. The main destinations of Vietnam exports on Cloves were United States ($392k), Netherlands ($318k), Sweden ($242k), Japan ($207k), and Pakistan ($146k).

In 2022, Vietnam imported $5.61M in Cloves, mainly from Madagascar ($3.4M), Singapore ($982k), Indonesia ($550k), China ($415k), and India ($216k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Singapore$139k (3.5k%)
Pakistan$128k (715%)
United States$121k (44.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY Vietnam WERE (2021 - 2022):
South Africa-$63.9k (-36.7%)
South Korea-$20.4k (-29.7%)
Finland-$14.7k (-79.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Cloves were:
In 2022, Vietnam'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 POTENTIALIndonesia+ $160k
TOP IMPORT POTENTIALIndonesia+ $234k

Cloves’s highest export potential is Indonesia. With an export gap of $160k.   Cloves’s highest import potential is Indonesia with an import gap of $234k.

See methodology.

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