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2023
Exports $113kWorld Rnk 65 / 146
Flag Rnk 1089 / 1207
2023
Destination $39.2k Venezuela
2022 - 2023
FASTEST GROWING MARKET $39.2kVenezuela
2023
PRODUCT COMPLEXITY IN Cinnamon-1.81Rnk 982 / 1025
2023
Imports $10.9MWorld Rnk 16 / 212
Flag Rnk 738 / 1200
2023
Origin $133k Vietnam
2022 - 2023
FASTEST GROWING ORIGIN $133kVietnam
2023
ECONOMIC COMPLEXITY of Brazil0.31Rnk 49 / 132

About

Exports In 2023, Brazil exported $113k in Cinnamon, making it the 65th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 1089th most exported product in Brazil. The main destination of Cinnamon exports from Brazil are: Venezuela ($39.4k), Paraguay ($32.6k), United States ($18.7k), Marshall Islands ($3.16k), and Panama ($2.79k).

The fastest growing export markets for Cinnamon of Brazil between 2022 and 2023 were Venezuela ($39.2k), United States ($7.75k), and Mozambique ($2.17k).

Imports In 2023, Brazil imported $10.9M in Cinnamon, becoming the 16th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 738th most imported product in Brazil. Brazil imports Cinnamon primarily from: Vietnam ($7.39M), Indonesia ($2.86M), China ($498k), Singapore ($102k), and India ($23.3k).

The fastest growing import markets in Cinnamon for Brazil between 2022 and 2023 were Vietnam ($133k), Singapore ($102k), and China ($88k).

Latest Trends

December 2024

About

Overview In December 2024 Brazil's Cinnamon exports accounted up to $3.64k and imports accounted up to $1.18M, resulting in a negative trade balance of $1.17M. Between December 2023 and December 2024 the exports of Brazil's   Cinnamon have decreased by $-3.14k (-46.3%) from $6.78k to $3.64k, while imports decreased by $-714k (-37.8%) from $1.89M to $1.18M.

Destinations In December 2024, Cinnamon were exported mostly to United States ($1.67k), Liberia ($429), Marshall Islands ($369), Panama ($186), and Cuba ($167), and were imported mostly from Vietnam ($865k), Indonesia ($159k), China ($146k), India ($4k), and Lebanon ($407).

Growth In December 2024, the decrease in Cinnamon's year-by-year exports was explained primarily by a decrease in exports to Panama ($-170 or -66.4%), Denmark ($-144 or -91.7%), and Angola ($-141 or -66.5%). In December 2024, the decrease in Cinnamon's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$-3.14k(-46.3%)
IMPORT GROWTH (December 2023 - December 2024)$-714k(-37.8%)
MAIN EXPORTER (December 2024)São Paulo$15.3k
MAIN DESTINATION (December 2024)United States$1.67k

This section shows Cinnamon's exports and imports data at subnational level for Brazil. 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 (2023)$113k
IMPORTS (2023)$10.9M
NET TRADE (2023)-$10.8M

In 2023, Brazil exported $113k in Cinnamon. The main destinations of Brazil exports on Cinnamon were Venezuela ($39.4k), Paraguay ($32.6k), United States ($18.7k), Marshall Islands ($3.16k), and Panama ($2.79k).

In 2023, Brazil imported $10.9M in Cinnamon, mainly from Vietnam ($7.39M), Indonesia ($2.86M), China ($498k), Singapore ($102k), and India ($23.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Brazil WERE (2022 - 2023):
Venezuela$39.2k (19.1k%)
United States$7.75k (70.7%)
Mozambique$2.17k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Brazil WERE (2022 - 2023):
Paraguay-$20.3k (-38.4%)
Angola-$2.12k (-49.1%)
Chile-$1.73k (-44%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Brazil's main exporting competitors in Cinnamon were:
Vietnam $245M
China $188M
Sri Lanka $149M
In 2023, Brazil's main importing competitors in Cinnamon were:
United States $151M
India $112M
Vietnam $80.5M

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Trade Value of Cinnamon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.8k
TOP IMPORT POTENTIALChina+ $500k

Cinnamon’s highest export potential is United States. With an export gap of $22.8k.   Cinnamon’s highest import potential is China with an import gap of $500k.

See methodology.

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