2023
Exports
$399kWorld Rnk 38 / 146
Flag Rnk 1046 / 1212
2023
PRODUCT COMPLEXITY IN Cinnamon
-1.81Rnk 982 / 1025
2023
Imports
$6.25MWorld Rnk 28 / 212
Flag Rnk 889 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $399k in Cinnamon, making it the 38th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 1046th most exported product in Thailand. The main destination of Cinnamon exports from Thailand are: United States ($115k), Vietnam ($66.6k), Maldives ($42.7k), Denmark ($42.1k), and Malaysia ($29.2k).

The fastest growing export markets for Cinnamon of Thailand between 2022 and 2023 were Vietnam ($64.4k), United States ($45.9k), and Denmark ($41.6k).

Imports In 2023, Thailand imported $6.25M in Cinnamon, becoming the 28th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 889th most imported product in Thailand. Thailand imports Cinnamon primarily from: Indonesia ($3.52M), Vietnam ($2.19M), China ($241k), India ($175k), and Burma ($56.4k).

The fastest growing import markets in Cinnamon for Thailand between 2022 and 2023 were Vietnam ($273k), India ($62.2k), and France ($30.2k).

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)$399k
IMPORTS (2023)$6.25M
NET TRADE (2023)-$5.85M

In 2023, Thailand exported $399k in Cinnamon. The main destinations of Thailand exports on Cinnamon were United States ($115k), Vietnam ($66.6k), Maldives ($42.7k), Denmark ($42.1k), and Malaysia ($29.2k).

In 2023, Thailand imported $6.25M in Cinnamon, mainly from Indonesia ($3.52M), Vietnam ($2.19M), China ($241k), India ($175k), and Burma ($56.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Vietnam$64.4k (2.9k%)
United States$45.9k (66.5%)
Denmark$41.6k (8.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Thailand WERE (2022 - 2023):
Germany-$23.1k (-100%)
Australia-$21.3k (-67.4%)
Italy-$15.4k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Cinnamon were:
In 2023, Thailand'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 POTENTIALUnited States+ $71.2k
TOP IMPORT POTENTIALVietnam+ $703k

Cinnamon’s highest export potential is United States. With an export gap of $71.2k.   Cinnamon’s highest import potential is Vietnam with an import gap of $703k.

See methodology.

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