CinnamonCinnamon and cinnamon-tree flowers
0906 (Harmonized System 1992 for 4-digit)
2021 World Trade: $927M, Rnk 944 / 1217
2021 Top Exporter | Top Importer: $270M | $188M, Vietnam | United States
2021 Product Complexity: -1.75, Rnk 975 / 1024
2020 - 2021 Export Growth (CAGR): 5.99%, Rnk 1051 / 1217
2018 Mean Tariff: 10.1%, Rnk 412 / 1259
2021 Share of World Trade: 0.0044%, Rnk 944 / 1217
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).
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.
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).
Trade by country
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).
Cumulative market share
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.
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).
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)
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.
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.
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