2023
Exports
$7.87MWorld Rnk 10 / 146
Flag Rnk 60 / 810
2023
PRODUCT COMPLEXITY IN Cinnamon
-1.81Rnk 982 / 1025
2023
Imports
$16.1kWorld Rnk 153 / 212
Flag Rnk 925 / 1110
2023
ECONOMIC COMPLEXITY of Madagascar
-1.15Rnk 117 / 132

About

Exports In 2023, Madagascar exported $7.87M in Cinnamon, making it the 10th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 60th most exported product in Madagascar. The main destination of Cinnamon exports from Madagascar are: Germany ($1.55M), Spain ($1.38M), United Kingdom ($866k), France ($808k), and Netherlands ($663k).

The fastest growing export markets for Cinnamon of Madagascar between 2022 and 2023 were India ($305k), Italy ($269k), and Czechia ($60.8k).

Imports In 2023, Madagascar imported $16.1k in Cinnamon, becoming the 153rd largest importer of Cinnamon in the world. At the same year, Cinnamon was the 925th most imported product in Madagascar. Madagascar imports Cinnamon primarily from: Mexico ($14.4k), France ($705), United Kingdom ($619), and India ($418).

The fastest growing import markets in Cinnamon for Madagascar between 2022 and 2023 were Mexico ($14.4k) and United Kingdom ($619).

Latest Trends

Dec 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 (2023)$7.87M
IMPORTS (2023)$16.1k
NET TRADE (2023)$7.85M

In 2023, Madagascar exported $7.87M in Cinnamon. The main destinations of Madagascar exports on Cinnamon were Germany ($1.55M), Spain ($1.38M), United Kingdom ($866k), France ($808k), and Netherlands ($663k).

In 2023, Madagascar imported $16.1k in Cinnamon, mainly from Mexico ($14.4k), France ($705), United Kingdom ($619), and India ($418).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Madagascar WERE (2022 - 2023):
India$305k (2.89k%)
Italy$269k (294%)
Czechia$60.8k (50.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Madagascar WERE (2022 - 2023):
Netherlands-$1.08M (-62%)
Germany-$957k (-38.2%)
France-$204k (-20.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Madagascar's main exporting competitors in Cinnamon were:
In 2023, Madagascar'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 POTENTIALVietnam+ $303k
TOP IMPORT POTENTIALIndia+ $1.66k

Cinnamon’s highest export potential is Vietnam. With an export gap of $303k.   Cinnamon’s highest import potential is India with an import gap of $1.66k.

See methodology.

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