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Exports In 2022, Malaysia exported $396k in Cloves, making it the 29th largest exporter of Cloves in the world. At the same year, Cloves was the 1031st most exported product in Malaysia. The main destination of Cloves exports from Malaysia are: New Zealand ($77.6k), Thailand ($75.8k), Chinese Taipei ($57.2k), Singapore ($57k), and Australia ($51k).

The fastest growing export markets for Cloves of Malaysia between 2021 and 2022 were New Zealand ($40.3k), Chinese Taipei ($23.9k), and Australia ($14.7k).

Imports In 2022, Malaysia imported $10.3M in Cloves, becoming the 8th largest importer of Cloves in the world. At the same year, Cloves was the 815th most imported product in Malaysia. Malaysia imports Cloves primarily from: Madagascar ($5.62M), Singapore ($2.94M), Indonesia ($1.23M), China ($220k), and India ($118k).

The fastest growing import markets in Cloves for Malaysia between 2021 and 2022 were Madagascar ($5.33M), Singapore ($1.64M), and Brazil ($44.4k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR50.5k(33%)
IMPORT GROWTH (June 2023 - June 2024)MYR-1.19M(-54.4%)
MAIN DESTINATION (June 2024)South KoreaMYR116k

This section shows Cloves's exports and imports data at subnational level for Malaysia. 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 (2022)$396k
IMPORTS (2022)$10.3M
NET TRADE (2022)-$9.94M

In 2022, Malaysia exported $396k in Cloves. The main destinations of Malaysia exports on Cloves were New Zealand ($77.6k), Thailand ($75.8k), Chinese Taipei ($57.2k), Singapore ($57k), and Australia ($51k).

In 2022, Malaysia imported $10.3M in Cloves, mainly from Madagascar ($5.62M), Singapore ($2.94M), Indonesia ($1.23M), China ($220k), and India ($118k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
New Zealand$40.3k (108%)
Chinese Taipei$23.9k (71.7%)
Australia$14.7k (40.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cloves BY Malaysia WERE (2021 - 2022):
Indonesia-$12.9M (-100%)
Turkey-$93.3k (-100%)
Kuwait-$87.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Cloves were:
In 2022, Malaysia's main importing competitors in Cloves were:

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Trade Value of Cloves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $71.2k
TOP IMPORT POTENTIALIndonesia+ $716k

Cloves’s highest export potential is Singapore. With an export gap of $71.2k.   Cloves’s highest import potential is Indonesia with an import gap of $716k.

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