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2022
Exports $1.36MWorld Rnk 25 / 147
Flag Rnk 1152 / 1217
2022
Destination $257k Germany
2021 - 2022
FASTEST GROWING MARKET $257kGermany
2022
PRODUCT COMPLEXITY IN Cinnamon-1.8Rnk 982 / 1025
2022
Imports $5.02MWorld Rnk 38 / 211
Flag Rnk 1102 / 1215
2022
Origin $326k Sri Lanka
2021 - 2022
FASTEST GROWING ORIGIN $326kFrance
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $1.36M in Cinnamon, making it the 25th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 1152nd most exported product in Italy. The main destination of Cinnamon exports from Italy are: Germany ($350k), Greece ($265k), France ($227k), South Korea ($55.5k), and Bulgaria ($51.4k).

The fastest growing export markets for Cinnamon of Italy between 2021 and 2022 were Germany ($257k), United Kingdom ($37.1k), and Israel ($26.8k).

Imports In 2022, Italy imported $5.02M in Cinnamon, becoming the 38th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 1102nd most imported product in Italy. Italy imports Cinnamon primarily from: Sri Lanka ($1.19M), France ($912k), Germany ($454k), Vietnam ($451k), and Tanzania ($373k).

The fastest growing import markets in Cinnamon for Italy between 2021 and 2022 were France ($326k), Tanzania ($192k), and Vietnam ($167k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Cinnamon exports accounted up to €98.2k and imports accounted up to €295k, resulting in a negative trade balance of €197k. Between March 2023 and March 2024 the exports of Italy's   Cinnamon have increased by €3k (3.15%) from €95.2k to €98.2k, while imports increased by €72.3k (32.5%) from €223k to €295k.

Destinations In March 2024, Cinnamon were exported mostly to Switzerland (€47.8k), Bulgaria (€10.2k), South Korea (€9.7k), Albania (€5.82k), and France (€4.63k), and were imported mostly from Indonesia (€89k), Sri Lanka (€71.9k), France (€33.6k), Netherlands (€27.2k), and Spain (€21.9k).

Growth In March 2024, the increase in Cinnamon's year-by-year exports was explained primarily by an increase in exports to Germany (€39.9k or 1.94k%), Israel (€283 or 6.55%), and Sweden (€159 or 636%). In March 2024, the increase in Cinnamon's year-by-year imports was explained primarily by an increase in imports from France (€68.7k or 204%), Germany (€20k or 80.6%), and Spain (€18.3k or 140%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€3k(3.15%)
IMPORT GROWTH (March 2023 - March 2024)€72.3k(32.5%)
MAIN DESTINATION (March 2024)Switzerland€47.8k

This section shows Cinnamon's exports and imports data at subnational level for Italy. 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)$1.36M
IMPORTS (2022)$5.02M
NET TRADE (2022)-$3.66M

In 2022, Italy exported $1.36M in Cinnamon. The main destinations of Italy exports on Cinnamon were Germany ($350k), Greece ($265k), France ($227k), South Korea ($55.5k), and Bulgaria ($51.4k).

In 2022, Italy imported $5.02M in Cinnamon, mainly from Sri Lanka ($1.19M), France ($912k), Germany ($454k), Vietnam ($451k), and Tanzania ($373k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$257k (277%)
United Kingdom$37.1k (365%)
Israel$26.8k (154%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Italy WERE (2021 - 2022):
Greece-$111k (-29.5%)
Sri Lanka-$78.7k (-100%)
France-$74.7k (-24.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Cinnamon were:
Vietnam $268M
Sri Lanka $214M
China $179M
In 2022, Italy'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 POTENTIALFrance+ $77.1k
TOP IMPORT POTENTIALChina+ $439k

Cinnamon’s highest export potential is France. With an export gap of $77.1k.   Cinnamon’s highest import potential is China with an import gap of $439k.

See methodology.

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