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2022
Exports $81.4kWorld Rnk 71 / 147
Flag Rnk 1106 / 1206
2022
Destination $16.4k Paraguay
2021 - 2022
FASTEST GROWING MARKET $16.4kParaguay
2022
PRODUCT COMPLEXITY IN Cinnamon-1.8Rnk 982 / 1025
2022
Imports $10.5MWorld Rnk 18 / 211
Flag Rnk 759 / 1198
2022
Origin $1.65M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $1.65MVietnam
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $81.4k in Cinnamon, making it the 71st largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 1106th most exported product in Brazil. The main destination of Cinnamon exports from Brazil are: Paraguay ($49.6k), United States ($11k), Angola ($4.17k), Chile ($3.94k), and Marshall Islands ($2.75k).

The fastest growing export markets for Cinnamon of Brazil between 2021 and 2022 were Paraguay ($16.4k), United States ($6.33k), and Chile ($3.66k).

Imports In 2022, Brazil imported $10.5M in Cinnamon, becoming the 18th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 759th most imported product in Brazil. Brazil imports Cinnamon primarily from: Vietnam ($7.18M), Indonesia ($2.9M), China ($436k), India ($32.2k), and Netherlands ($2k).

The fastest growing import markets in Cinnamon for Brazil between 2021 and 2022 were Vietnam ($1.65M), India ($18.3k), and Netherlands ($588).

Latest Trends

July 2024

About

Overview In July 2024 Brazil's Cinnamon exports accounted up to $9.06k and imports accounted up to $409k, resulting in a negative trade balance of $400k. Between July 2023 and July 2024 the exports of Brazil's   Cinnamon have increased by $7.11k (366%) from $1.95k to $9.06k, while imports decreased by $-389k (-48.7%) from $797k to $409k.

Destinations In July 2024, Cinnamon were exported mostly to United States ($3.83k), Portugal ($1.98k), Chile ($1.85k), Liberia ($357), and Hong Kong ($228), and were imported mostly from Vietnam ($216k), Indonesia ($156k), China ($34.9k), and India ($1.7k).

Growth In July 2024, the increase in Cinnamon's year-by-year exports was explained primarily by an increase in exports to United States ($299 or 610%), Singapore ($211 or 1.76k%), and Liberia ($176 or 220%). In July 2024, the decrease in Cinnamon's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-530k or -88.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$7.11k(366%)
IMPORT GROWTH (July 2023 - July 2024)$-389k(-48.7%)
MAIN EXPORTER (July 2024)São Paulo$13k
MAIN DESTINATION (July 2024)United States$3.83k

This section shows Cinnamon's exports and imports data at subnational level for Brazil. 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 Cinnamon over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$81.4k
IMPORTS (2022)$10.5M
NET TRADE (2022)-$10.5M

In 2022, Brazil exported $81.4k in Cinnamon. The main destinations of Brazil exports on Cinnamon were Paraguay ($49.6k), United States ($11k), Angola ($4.17k), Chile ($3.94k), and Marshall Islands ($2.75k).

In 2022, Brazil imported $10.5M in Cinnamon, mainly from Vietnam ($7.18M), Indonesia ($2.9M), China ($436k), India ($32.2k), and Netherlands ($2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
Paraguay$16.4k (49.3%)
United States$6.33k (137%)
Chile$3.66k (1.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Brazil WERE (2021 - 2022):
Canada-$1.1k (-93.9%)
Greece-$470 (-54.8%)
Ireland-$238 (-93.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Cinnamon were:
Vietnam $268M
Sri Lanka $214M
China $179M
In 2022, Brazil's main importing competitors in Cinnamon were:
United States $190M
India $116M
Mexico $87.7M

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Trade Value of Cinnamon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.8k
TOP IMPORT POTENTIALChina+ $500k

Cinnamon’s highest export potential is United States. With an export gap of $22.8k.   Cinnamon’s highest import potential is China with an import gap of $500k.

See methodology.

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