Cinnamon in Vietnam | The Observatory of Economic Complexity

About

Exports In 2022, Vietnam exported $268M in Cinnamon, making it the 1st largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 186th most exported product in Vietnam. The main destination of Cinnamon exports from Vietnam are: India ($97M), United States ($52M), Bangladesh ($12.5M), Indonesia ($8M), and South Korea ($7.88M).

The fastest growing export markets for Cinnamon of Vietnam between 2021 and 2022 were India ($5.61M), Brazil ($1.65M), and South Korea ($1.56M).

Imports In 2022, Vietnam imported $52.5M in Cinnamon, becoming the 4th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 539th most imported product in Vietnam. Vietnam imports Cinnamon primarily from: China ($43.1M), Indonesia ($7.25M), Sri Lanka ($483k), United Arab Emirates ($339k), and United States ($334k).

The fastest growing import markets in Cinnamon for Vietnam between 2021 and 2022 were China ($1.88M), United Arab Emirates ($339k), and United States ($295k).

COMPANIES In 2023, leading companies such as BJ S WHOLESALE CLUB, INC. (200), WAL-MART INC. (134), and HOME DEPOT, U. S. A., INC. (16) were at the forefront of shipping Cinnamon from Vietnam to the United States.

Feb 2024

View

LinePlot

StackedArea

Flow

Exports

Imports

Y-AXIS SCALE

Linear

Log

Value

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.

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$268M

IMPORTS (2022)$52.5M

NET TRADE (2022)$216M

In 2022, Vietnam exported $268M in Cinnamon. The main destinations of Vietnam exports on Cinnamon were India ($97M), United States ($52M), Bangladesh ($12.5M), Indonesia ($8M), and South Korea ($7.88M).

In 2022, Vietnam imported $52.5M in Cinnamon, mainly from China ($43.1M), Indonesia ($7.25M), Sri Lanka ($483k), United Arab Emirates ($339k), and United States ($334k).