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2022
Exports $16.2MWorld Rnk 7 / 147
Flag Rnk 1022 / 1217
2022
Destination $792k Canada
2021 - 2022
FASTEST GROWING MARKET $792kMexico
2022
PRODUCT COMPLEXITY IN Cinnamon-1.8Rnk 982 / 1025
2022
Imports $190MWorld Rnk 1 / 211
Flag Rnk 766 / 1216
2022
Origin $5.83M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $5.83MSri Lanka
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $16.2M in Cinnamon, making it the 7th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 1022nd most exported product in United States. The main destination of Cinnamon exports from United States are: Canada ($7.18M), Mexico ($3.91M), Saudi Arabia ($470k), South Korea ($399k), and Colombia ($375k).

The fastest growing export markets for Cinnamon of United States between 2021 and 2022 were Mexico ($792k), Saudi Arabia ($371k), and Vietnam ($295k).

Imports In 2022, United States imported $190M in Cinnamon, becoming the 1st largest importer of Cinnamon in the world. At the same year, Cinnamon was the 766th most imported product in United States. United States imports Cinnamon primarily from: Indonesia ($83.5M), Vietnam ($52M), Sri Lanka ($41.1M), India ($4.29M), and Canada ($2.47M).

The fastest growing import markets in Cinnamon for United States between 2021 and 2022 were Sri Lanka ($5.83M), Canada ($1.01M), and Turkey ($770k).

COMPANIES In 2023, leading companies such as Harvey Imports (87), Ameziel (45), and Costco Wholesale (35) were at the forefront of shipping Cinnamon to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Cinnamon exports accounted up to $1.42M and imports accounted up to $9.14M, resulting in a negative trade balance of $7.72M. Between June 2023 and June 2024 the exports of United States'   Cinnamon have increased by $386k (37.5%) from $1.03M to $1.42M, while imports decreased by $-569k (-5.86%) from $9.7M to $9.14M.

Destinations In June 2024, Cinnamon were exported mostly to Canada ($796k), Mexico ($292k), Dominican Republic ($61.2k), Vietnam ($39.4k), and South Korea ($30k), and were imported mostly from Indonesia ($4.27M), Vietnam ($3.42M), Sri Lanka ($941k), India ($251k), and Madagascar ($86k).

Growth In June 2024, the increase in Cinnamon's year-by-year exports was explained primarily by an increase in exports to N/A. In June 2024, the decrease in Cinnamon's year-by-year imports was explained primarily by a decrease in imports from Sri Lanka ($-2.51M or -52.6%), Indonesia ($-1.6M or -21.3%), and Canada ($-12.1k or -79.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$386k(37.5%)
IMPORT GROWTH (June 2023 - June 2024)$-569k(-5.86%)
MAIN EXPORTER (June 2024)Maryland$562k
MAIN DESTINATION (June 2024)Canada$796k

This section shows Cinnamon's exports and imports data at subnational level for United States. 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)$16.2M
IMPORTS (2022)$190M
NET TRADE (2022)-$174M

In 2022, United States exported $16.2M in Cinnamon. The main destinations of United States exports on Cinnamon were Canada ($7.18M), Mexico ($3.91M), Saudi Arabia ($470k), South Korea ($399k), and Colombia ($375k).

In 2022, United States imported $190M in Cinnamon, mainly from Indonesia ($83.5M), Vietnam ($52M), Sri Lanka ($41.1M), India ($4.29M), and Canada ($2.47M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$792k (25.4%)
Saudi Arabia$371k (374%)
Vietnam$295k (756%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY United States WERE (2021 - 2022):
Chinese Taipei-$188k (-70.3%)
Brazil-$163k (-100%)
Costa Rica-$151k (-50.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Cinnamon were:
Vietnam $268M
Sri Lanka $214M
China $179M
In 2022, United States's main importing competitors in Cinnamon were:
India $116M
Mexico $87.7M

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Trade Value of Cinnamon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $305k
TOP IMPORT POTENTIALChina+ $2.52M

Cinnamon’s highest export potential is Vietnam. With an export gap of $305k.   Cinnamon’s highest import potential is China with an import gap of $2.52M.

See methodology.

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