2022
Exports
$190kWorld Rnk 55 / 147
Flag Rnk 776 / 1127
2022
PRODUCT COMPLEXITY IN Cinnamon
-1.8Rnk 982 / 1025
2022
Imports
$746kWorld Rnk 88 / 211
Flag Rnk 1027 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $190k in Cinnamon, making it the 55th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 776th most exported product in Philippines. The main destination of Cinnamon exports from Philippines are: South Africa ($153k), Singapore ($31.7k), Malaysia ($2.01k), Indonesia ($1.69k), and Thailand ($1.27k).

The fastest growing export markets for Cinnamon of Philippines between 2021 and 2022 were South Africa ($35.5k), Singapore ($22.5k), and Indonesia ($1.68k).

Imports In 2022, Philippines imported $746k in Cinnamon, becoming the 88th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 1027th most imported product in Philippines. Philippines imports Cinnamon primarily from: Indonesia ($319k), China ($172k), Vietnam ($110k), Singapore ($61.7k), and India ($45.7k).

The fastest growing import markets in Cinnamon for Philippines between 2021 and 2022 were Vietnam ($82.6k), India ($12.2k), and United States ($11k).

COMPANIES In 2023, leading companies such as Euromarket Designs (2) were at the forefront of shipping Cinnamon from Philippines to the United States.

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)$190k
IMPORTS (2022)$746k
NET TRADE (2022)-$556k

In 2022, Philippines exported $190k in Cinnamon. The main destinations of Philippines exports on Cinnamon were South Africa ($153k), Singapore ($31.7k), Malaysia ($2.01k), Indonesia ($1.69k), and Thailand ($1.27k).

In 2022, Philippines imported $746k in Cinnamon, mainly from Indonesia ($319k), China ($172k), Vietnam ($110k), Singapore ($61.7k), and India ($45.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
South Africa$35.5k (30.1%)
Singapore$22.5k (244%)
Indonesia$1.68k (33.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Philippines WERE (2021 - 2022):
Thailand-$21.4k (-94.4%)
Malaysia-$7.33k (-78.5%)
Canada-$1.49k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Cinnamon were:
In 2022, Philippines'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 POTENTIALMalaysia+ $4.83k
TOP IMPORT POTENTIALChina+ $206k

Cinnamon’s highest export potential is Malaysia. With an export gap of $4.83k.   Cinnamon’s highest import potential is China with an import gap of $206k.

See methodology.

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