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Cloves (whole fruit, cloves and stems)

0907 (Harmonized System 1992 for 4-digit)

2023
World Trade $681MRnk 995 / 1217
2023
Top Exporter | Top Importer $339M | $199MMadagascar | Indonesia
2023
Product Complexity -1.74Rnk 990 / 1044
2022 - 2023
Export Growth (CAGR) 1.27%Rnk 362 / 1217
2023
Share of World Trade 0.003%Rnk 995 / 1217

About

Overview This page contains the latest trade data of Cloves. In 2023, Cloves were the world's 995th most traded product, with a total trade of $681M. Between 2022 and 2023 the exports of Cloves grew by 1.27%, from $672M to $681M. Trade in Cloves represent 0.003% of total world trade.

Cloves are a part of Coffee, tea, mate & spices. They include Cloves (whole fruit, cloves and stems).

Exports In 2023 the top exporters of Cloves  were Madagascar ($339M), Indonesia ($95M), Comoros ($65.6M), Sri Lanka ($46.8M), and United Arab Emirates ($34.4M).

Imports In 2023 the top importers of Cloves were Indonesia ($199M), India ($141M), Singapore ($51.1M), United Arab Emirates ($46.1M), and Saudi Arabia ($22.1M).

Ranking Cloves ranks 990th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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

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

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Madagascar$339M
Top Destination (2023)Indonesia$199M

In 2023 Cloves were the world's 995th most traded product (out of 1,217).

In 2023, the top exporters of Cloves were Madagascar ($339M), Indonesia ($95M), Comoros ($65.6M), Sri Lanka ($46.8M), and United Arab Emirates ($34.4M).

In 2023, the top importers of Cloves were Indonesia ($199M), India ($141M), Singapore ($51.1M), United Arab Emirates ($46.1M), and Saudi Arabia ($22.1M).

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Exporters of Cloves (2023)
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Importers of Cloves (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Comoros$32.8M
Top Destination Growth (2022 -  2023)India$35.1M

Between 2022 and 2023, the exports of Cloves grew the fastest in Comoros ($32.8M), Sri Lanka ($26.6M), Indonesia ($25.3M), Singapore ($5.39M), and India ($3.78M).

Between 2022 and 2023, the fastest growing importers of Cloves were India ($35.1M), Bangladesh ($5.42M), China ($4.84M), Peru ($4.71M), and United Arab Emirates ($3.97M).

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Exporters of Cloves (2022 - 2023)

Importers of Cloves (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cloves.

In 2023, market concentration measured using Shannon Entropy, was 2.63. This means that most of the exports of Cloves are explained by 6 countries.

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Value of Exports in Cloves

Net Trade

TOP NET EXPORTER (2023)Madagascar$339M
TOP NET IMPORTER (2023)India$126M

This map shows which countries export or import more of Cloves. Each country is colored based on the difference in exports and imports of Cloves during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cloves were Madagascar ($339M), Comoros ($65.2M), Sri Lanka ($46.7M), Tanzania ($30M), and Brazil ($2.64M).

In 2023, the countries that had a largest trade value in imports than in exports of Cloves were India ($126M), Indonesia ($104M), Singapore ($32.1M), Saudi Arabia ($21.9M), and United States ($19.9M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Cloves.
It is possible to select the main countries that export or import Cloves in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cloves by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $2.71M
TOP IMPORT POTENTIALTanzania+ $1.19k

Cloves’s highest export potential is United States. With an export gap of $2.71M.  Cloves’s highest import potential is Tanzania with an import gap of $1.19k.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Country by Relatedness

The following visualization shows the relatedness of Cloves to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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