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Exports In 2023, Vietnam exported $1.7M in Cloves, making it the 15th largest exporter of Cloves in the world. At the same year, Cloves was the 812th most exported product in Vietnam. The main destination of Cloves exports from Vietnam are: Netherlands ($404k), United States ($284k), Sweden ($255k), South Africa ($216k), and Australia ($136k).

The fastest growing export markets for Cloves of Vietnam between 2022 and 2023 were Netherlands ($151k), South Africa ($116k), and United States ($89.9k).

Imports In 2023, Vietnam imported $5.26M in Cloves, becoming the 16th largest importer of Cloves in the world. At the same year, Cloves was the 909th most imported product in Vietnam. Vietnam imports Cloves primarily from: Indonesia ($1.47M), Madagascar ($1.22M), China ($1.17M), Sri Lanka ($832k), and Singapore ($336k).

The fastest growing import markets in Cloves for Vietnam between 2022 and 2023 were Indonesia ($911k), Sri Lanka ($785k), and China ($700k).

Latest Trends

Dec 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 (2023)$1.7M
IMPORTS (2023)$5.26M
NET TRADE (2023)-$3.57M

In 2023, Vietnam exported $1.7M in Cloves. The main destinations of Vietnam exports on Cloves were Netherlands ($404k), United States ($284k), Sweden ($255k), South Africa ($216k), and Australia ($136k).

In 2023, Vietnam imported $5.26M in Cloves, mainly from Indonesia ($1.47M), Madagascar ($1.22M), China ($1.17M), Sri Lanka ($832k), and Singapore ($336k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Netherlands$151k (59.7%)
South Africa$116k (116%)
United States$89.9k (46.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY Vietnam WERE (2022 - 2023):
Singapore-$380k (-96.7%)
Japan-$207k (-100%)
Jordan-$83.9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Cloves were:
In 2023, 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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