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2022
Exports $2.55MWorld Rnk 17 / 147
Flag Rnk 950 / 1210
2022
Destination $1.01M United States
2021 - 2022
FASTEST GROWING MARKET $1.01MUnited States
2022
PRODUCT COMPLEXITY IN Cinnamon-1.8Rnk 982 / 1025
2022
Imports $16.2MWorld Rnk 11 / 211
Flag Rnk 895 / 1213
2022
Origin $268k United States
2021 - 2022
FASTEST GROWING ORIGIN $268kChina
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $2.55M in Cinnamon, making it the 17th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 950th most exported product in Canada. The main destination of Cinnamon exports from Canada are: United States ($2.47M), United Kingdom ($18.2k), Colombia ($12.9k), Singapore ($9.15k), and Sri Lanka ($8.6k).

The fastest growing export markets for Cinnamon of Canada between 2021 and 2022 were United States ($1.01M), United Kingdom ($13.7k), and Singapore ($9.15k).

Imports In 2022, Canada imported $16.2M in Cinnamon, becoming the 11th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 895th most imported product in Canada. Canada imports Cinnamon primarily from: United States ($7.18M), Vietnam ($4.12M), India ($2.17M), Indonesia ($1.25M), and China ($673k).

The fastest growing import markets in Cinnamon for Canada between 2021 and 2022 were China ($268k), Netherlands ($224k), and United States ($89.1k).

Latest Trends

September 2024

About

Overview In September 2024 Canada's Cinnamon exports accounted up to C$22.3k and imports accounted up to C$2.69M, resulting in a negative trade balance of C$2.67M. Between September 2023 and September 2024 the exports of Canada's   Cinnamon have increased by C$3.62k (19.4%) from C$18.7k to C$22.3k, while imports increased by C$850k (46.1%) from C$1.84M to C$2.69M.

Destinations In September 2024, Cinnamon were exported mostly to United States (C$19.1k) and United Kingdom (C$3.19k), and were imported mostly from Indonesia (C$1.21M), Vietnam (C$933k), India (C$289k), United States (C$123k), and Sri Lanka (C$50.5k).

Growth In September 2024, the increase in Cinnamon's year-by-year exports was explained primarily by an increase in exports to . In September 2024, the increase in Cinnamon's year-by-year imports was explained primarily by an increase in imports from India (C$97.8k or 51%), Vietnam (C$74.5k or 9.33%), and France (C$62 or 61.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)C$3.62k(19.4%)
IMPORT GROWTH (September 2023 - September 2024)C$850k(46.1%)
MAIN EXPORTER (September 2024)OntarioC$145k
MAIN DESTINATION (September 2024)United StatesC$19.1k

This section shows Cinnamon's exports and imports data at subnational level for Canada. 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)$2.55M
IMPORTS (2022)$16.2M
NET TRADE (2022)-$13.6M

In 2022, Canada exported $2.55M in Cinnamon. The main destinations of Canada exports on Cinnamon were United States ($2.47M), United Kingdom ($18.2k), Colombia ($12.9k), Singapore ($9.15k), and Sri Lanka ($8.6k).

In 2022, Canada imported $16.2M in Cinnamon, mainly from United States ($7.18M), Vietnam ($4.12M), India ($2.17M), Indonesia ($1.25M), and China ($673k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$1.01M (68.8%)
United Kingdom$13.7k (300%)
Singapore$9.15k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Canada WERE (2021 - 2022):
Saint Vincent and the Grenadines-$4.83k (-100%)
Panama-$1.85k (-100%)
South Korea-$1.28k (-73.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Cinnamon were:
Vietnam $268M
Sri Lanka $214M
China $179M
In 2022, Canada'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+ $1.05M
TOP IMPORT POTENTIALChina+ $877k

Cinnamon’s highest export potential is United States. With an export gap of $1.05M.   Cinnamon’s highest import potential is China with an import gap of $877k.

See methodology.

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