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Cinnamon and cinnamon-tree flowers

0906 (Harmonized System 1992 for 4-digit)

2022
World Trade $968MRnk 945 / 1218
2022
Top Exporter | Top Importer $268M | $190MVietnam | United States
2022
Product Complexity -2.02Rnk 1003 / 1033
2021 - 2022
Export Growth (CAGR) 3.28%Rnk 693 / 1218
2022
Share of World Trade 0.0041%Rnk 945 / 1218

About

Overview This page contains the latest trade data of Cinnamon. In 2022, Cinnamon were the world's 945th most traded product, with a total trade of $968M. Between 2021 and 2022 the exports of Cinnamon grew by 3.28%, from $938M to $968M. Trade in Cinnamon represent 0.0041% of total world trade.

Cinnamon are a part of Coffee, tea, mate & spices. They include Cinnamon and cinnamon-tree flowers whole and Cinnamon and cinnamon-tree flowers crushed or ground.

Exports In 2022 the top exporters of Cinnamon  were Vietnam ($268M), Sri Lanka ($214M), China ($179M), Indonesia ($157M), and Netherlands ($20M).

Imports In 2022 the top importers of Cinnamon were United States ($190M), India ($116M), Mexico ($87.7M), Vietnam ($52.5M), and Bangladesh ($35.6M).

Ranking Cinnamon ranks 1003rd in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cinnamon. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Vietnam$268M
Top Destination (2022)United States$190M

In 2022 Cinnamon were the world's 945th most traded product (out of 1,218).

In 2022, the top exporters of Cinnamon were Vietnam ($268M), Sri Lanka ($214M), China ($179M), Indonesia ($157M), and Netherlands ($20M).

In 2022, the top importers of Cinnamon were United States ($190M), India ($116M), Mexico ($87.7M), Vietnam ($52.5M), and Bangladesh ($35.6M).

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Exporters of Cinnamon (2022)
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Importers of Cinnamon (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Sri Lanka$39M
Top Destination Growth (2021 -  2022)Mexico$32.7M

Between 2021 and 2022, the exports of Cinnamon grew the fastest in Sri Lanka ($39M), China ($17.2M), United Arab Emirates ($5.8M), United States ($1.31M), and Canada ($1.06M).

Between 2021 and 2022, the fastest growing importers of Cinnamon were Mexico ($32.7M), Peru ($8.01M), India ($4.84M), United Arab Emirates ($4.13M), and Saudi Arabia ($3.74M).

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Exporters of Cinnamon (2021 - 2022)

Importers of Cinnamon (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cinnamon.

In 2022, market concentration measured using Shannon Entropy, was 2.98. This means that most of the exports of Cinnamon are explained by 7 countries.

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Value of Exports in Cinnamon

Net Trade

TOP NET EXPORTER (2022)Vietnam$216M
TOP NET IMPORTER (2022)United States$174M

This map shows which countries export or import more of Cinnamon. Each country is colored based on the difference in exports and imports of Cinnamon during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Cinnamon were Vietnam ($216M), Sri Lanka ($214M), China ($174M), Indonesia ($148M), and Madagascar ($7.92M).

In 2022, the countries that had a largest trade value in imports than in exports of Cinnamon were United States ($174M), India ($104M), Mexico ($87.5M), Bangladesh ($35.6M), and Peru ($26.4M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Cinnamon, disaggragated by their HS6 level were Cinnamon and cinnamon-tree flowers whole ($751M) and Cinnamon and cinnamon-tree flowers crushed or... ($217M)

HS6 Disaggregation for Cinnamon (2022)
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Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Cinnamon.
It is possible to select the main countries that export or import Cinnamon in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cinnamon by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $6.41M
TOP IMPORT POTENTIALVietnam+ $2.07M

Cinnamon’s highest export potential is India. With an export gap of $6.41M.  Cinnamon’s highest import potential is Vietnam with an import gap of $2.07M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

Country by Relatedness

The following visualization shows the relatedness of Cinnamon to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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