HS Icon Cinnamon

Cinnamon and cinnamon-tree flowers

0906 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Cinnamon. In 2021, Cinnamon were the world's 944th most traded product, with a total trade of $927M. Between 2020 and 2021 the exports of Cinnamon grew by 5.99%, from $874M to $927M. Trade in Cinnamon represent 0.0044% 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 2021 the top exporters of Cinnamon  were Vietnam ($270M), Sri Lanka ($175M), Indonesia ($172M), China ($162M), and Netherlands ($25.1M).

Imports In 2021 the top importers of Cinnamon were United States ($188M), India ($111M), Vietnam ($56.8M), Mexico ($53.7M), and Bangladesh ($34.1M).

Tariffs In 2018 the average tariff for Cinnamon was 10.1%, making it the 412th lowest tariff using the HS4 product classification.

Ranking Cinnamon ranks 975th in the Product Complexity Index (PCI).

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Y-AXIS SCALE

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.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): Vietnam, $270M

Top Destination (2021): United States, $188M

Cinnamon are the world's 944th most traded product.

In 2021, the top exporters of Cinnamon were Vietnam ($270M), Sri Lanka ($175M), Indonesia ($172M), China ($162M), and Netherlands ($25.1M).

In 2021, the top importers of Cinnamon were United States ($188M), India ($111M), Vietnam ($56.8M), Mexico ($53.7M), and Bangladesh ($34.1M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Indonesia, $40.7M

Top Destination Growth (2020 -  2021): United States, $72.5M

Between 2020 and 2021, the exports of Cinnamon grew the fastest in Indonesia ($40.7M), Vietnam ($34.5M), Netherlands ($6.02M), India ($1.53M), and United States ($1.04M).

Between 2020 and 2021, the fastest growing importers of Cinnamon were United States ($72.5M), Vietnam ($24.9M), Germany ($8.32M), Indonesia ($3.9M), and Canada ($3.01M).

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Market Concentration

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Cumulative market share

Value

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

In 2021, market concentration measured using Shannon Entropy, was 3.01. This means that most of the exports of Cinnamon are explained by 8 countries.

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TOP NET EXPORTER (2021): Vietnam, $213M

TOP NET IMPORTER (2021): United States, $173M

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Cinnamon were Vietnam ($213M), Sri Lanka ($174M), China ($158M), Indonesia ($153M), and Madagascar ($8.98M).

In 2021, the countries that had a largest trade value in imports than in exports of Cinnamon were United States ($173M), India ($99.8M), Mexico ($53.4M), Bangladesh ($34M), and Peru ($18.3M).

Disaggregation

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Value

In 2021, the world most traded Cinnamon, disaggragated by their HS6 level were Cinnamon and cinnamon-tree flowers whole ($703M) and Cinnamon and cinnamon-tree flowers crushed or... ($224M)

Country Comparison

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Ranking

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.

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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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.