2022
Exports
$72.6kWorld Rnk 73 / 147
Flag Rnk 516 / 931
2022
PRODUCT COMPLEXITY IN Cinnamon
-1.8Rnk 982 / 1025
2022
Imports
$35.6MWorld Rnk 5 / 211
Flag Rnk 274 / 1173
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $72.6k in Cinnamon, making it the 73rd largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 516th most exported product in Bangladesh. The main destination of Cinnamon exports from Bangladesh are: United States ($18.8k), South Africa ($16.7k), United Kingdom ($11.4k), Singapore ($5.97k), and Australia ($5.53k).

The fastest growing export markets for Cinnamon of Bangladesh between 2021 and 2022 were Singapore ($5.07k), Cyprus ($3.28k), and South Africa ($2.44k).

Imports In 2022, Bangladesh imported $35.6M in Cinnamon, becoming the 5th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 274th most imported product in Bangladesh. Bangladesh imports Cinnamon primarily from: China ($23.1M), Vietnam ($12.5M), India ($1.67k), United Arab Emirates ($1.34k), and Brazil ($87).

The fastest growing import markets in Cinnamon for Bangladesh between 2021 and 2022 were China ($2.84M), United Arab Emirates ($1.34k), and India ($490).

Latest Trends

Oct 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 Cinnamon. 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)$72.6k
IMPORTS (2022)$35.6M
NET TRADE (2022)-$35.6M

In 2022, Bangladesh exported $72.6k in Cinnamon. The main destinations of Bangladesh exports on Cinnamon were United States ($18.8k), South Africa ($16.7k), United Kingdom ($11.4k), Singapore ($5.97k), and Australia ($5.53k).

In 2022, Bangladesh imported $35.6M in Cinnamon, mainly from China ($23.1M), Vietnam ($12.5M), India ($1.67k), United Arab Emirates ($1.34k), and Brazil ($87).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
Singapore$5.07k (567%)
Cyprus$3.28k (1%)
South Africa$2.44k (17.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Bangladesh WERE (2021 - 2022):
United States-$23.3k (-55.4%)
United Kingdom-$8.98k (-44.1%)
Saudi Arabia-$4.91k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Cinnamon were:
In 2022, Bangladesh's main importing competitors in Cinnamon were:

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Trade Value of Cinnamon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $31.2k
TOP IMPORT POTENTIALIndia+ $18.7k

Cinnamon’s highest export potential is United States. With an export gap of $31.2k.   Cinnamon’s highest import potential is India with an import gap of $18.7k.

See methodology.

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