Summary
- World trade
- $657million
- Tonnes
- 96thousand tonnes
- Price per tonne
- $6,849
Top exporters
World supply
Indonesia went from 1.1% to 45.6% of world exports of cloves
In 2024, Indonesia accounted for 45.6% of recorded world exports and the three largest exporters together for 83.8%. HHI: 3,280 out of 10,000; equivalent to 3 exporters of the same size.
Share of recorded exports, not of production: a country that produces a lot and consumes almost all of it may export little
Trend in supply
Share of world exports of the largest exporter and of the three largest
Share (%)
- Largest exporter each year 45.6%
- Three largest 83.8%
Source: CEPII BACI
Show the numbers
| Year | 1995 | 2024 |
|---|---|---|
| Largest exporter each year | 48.1% | 45.6% |
| Three largest | 81.7% | 83.8% |
Countries where Indonesia sells more than half of what they buy
Countries that buy more than half of this product from its largest exporter, with its share.
- United Arab Emirates: 60.7% of its purchases
- China: 84.5% of its purchases · Dependence of China on Indonesia
- Saudi Arabia: 83.5% of its purchases · Dependence of Saudi Arabia on Indonesia
- Bangladesh: 84.7% of its purchases · Dependence of Bangladesh on Indonesia
- Singapore: 57.8% of its purchases · Dependence of Singapore on Indonesia
- Peru: 68.2% of its purchases
- Vietnam: 62.5% of its purchases · Dependence of Vietnam on Indonesia
- Pakistan: 74.8% of its purchases · Dependence of Pakistan on Indonesia
- Nigeria: 65.9% of its purchases
- Malaysia: 71.5% of its purchases · Dependence of Malaysia on Indonesia
Top importers
Trend
Who sells it
Indonesia has been the top exporter since 2024
Value in USD millions. The five largest exporters in 2024.
- Indonesia 300
- Madagascar 223
- Tanzania 27.6
- Comoros 21.7
- Singapore 15.5
Source: CEPII BACI
Show the numbers
| Country | 1995 | 2024 |
|---|---|---|
| Indonesia | 0.37 | 300 |
| Madagascar | 16.2 | 223 |
| Tanzania | 3.7 | 27.6 |
| Comoros | 0.57 | 21.7 |
| Singapore | 7.6 | 15.5 |
Price
Implied price
The price per tonne rose 659% since 1995
Current US dollars per tonne: value over the weight reported by BACI.
- 2024: $6,849
Source: CEPII BACI
Show the numbers
| Year | USD per tonne |
|---|---|
| 1995 | $902 |
| 1996 | $991 |
| 1997 | $994 |
| 1998 | $1,018 |
| 1999 | $1,971 |
| 2000 | $3,310 |
| 2001 | $4,010 |
| 2002 | $4,419 |
| 2003 | $2,186 |
| 2004 | $2,617 |
| 2005 | $3,046 |
| 2006 | $3,084 |
| 2007 | $3,158 |
| 2008 | $3,819 |
| 2009 | $3,420 |
| 2010 | $3,768 |
| 2011 | $7,961 |
| 2012 | $9,737 |
| 2013 | $8,693 |
| 2014 | $8,151 |
| 2015 | $7,612 |
| 2016 | $7,643 |
| 2017 | $7,747 |
| 2018 | $7,141 |
| 2019 | $5,555 |
| 2020 | $4,757 |
| 2021 | $5,782 |
| 2022 | $7,225 |
| 2023 | $7,565 |
| 2024 | $6,849 |
What it includes
- 0907 · Cloves
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.
Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.