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2023
Exports $691kWorld Rnk 29 / 146
Flag Rnk 1043 / 1212
2023
Destination $48.3k United States
2022 - 2023
FASTEST GROWING MARKET $48.3kUnited States
2023
PRODUCT COMPLEXITY IN Cinnamon-1.81Rnk 982 / 1025
2023
Imports $17.7MWorld Rnk 9 / 212
Flag Rnk 864 / 1211
2023
Origin $96.7k Vietnam
2022 - 2023
FASTEST GROWING ORIGIN $96.7kNetherlands
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $691k in Cinnamon, making it the 29th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 1043rd most exported product in Canada. The main destination of Cinnamon exports from Canada are: United States ($617k), Colombia ($19.1k), United Kingdom ($16.9k), Jamaica ($14.1k), and Singapore ($13.4k).

The fastest growing export markets for Cinnamon of Canada between 2022 and 2023 were United States ($48.3k), Colombia ($9.09k), and Jamaica ($6k).

Imports In 2023, Canada imported $17.7M in Cinnamon, becoming the 9th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 864th most imported product in Canada. Canada imports Cinnamon primarily from: Vietnam ($7.19M), Indonesia ($5.53M), India ($2.42M), United States ($1.19M), and China ($658k).

The fastest growing import markets in Cinnamon for Canada between 2022 and 2023 were Netherlands ($96.7k), India ($84.7k), and Turkey ($34.2k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Cinnamon exports accounted up to C$20.5k and imports accounted up to C$2.03M, resulting in a negative trade balance of C$2.01M. Between November 2023 and November 2024 the exports of Canada's   Cinnamon have increased by C$20.4k (30.9k%) from C$66 to C$20.5k, while imports decreased by C$-1.09M (-35%) from C$3.12M to C$2.03M.

Destinations In November 2024, Cinnamon were exported mostly to United States (C$19.9k) and United Kingdom (C$586), and were imported mostly from Vietnam (C$858k), Indonesia (C$620k), India (C$413k), United States (C$43.6k), and Sri Lanka (C$33.4k).

Growth In November 2024, the increase in Cinnamon's year-by-year exports was explained primarily by an increase in exports to . In November 2024, the decrease in Cinnamon's year-by-year imports was explained primarily by a decrease in imports from Indonesia (C$-157k or -17.2%), United States (C$-144k or -63.7%), and China (C$-111k or -88.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$20.4k(30.9k%)
IMPORT GROWTH (November 2023 - November 2024)C$-1.09M(-35%)
MAIN DESTINATION (November 2024)United StatesC$19.9k

This section shows Cinnamon's exports and imports data at subnational level for Canada. 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)$691k
IMPORTS (2023)$17.7M
NET TRADE (2023)-$17M

In 2023, Canada exported $691k in Cinnamon. The main destinations of Canada exports on Cinnamon were United States ($617k), Colombia ($19.1k), United Kingdom ($16.9k), Jamaica ($14.1k), and Singapore ($13.4k).

In 2023, Canada imported $17.7M in Cinnamon, mainly from Vietnam ($7.19M), Indonesia ($5.53M), India ($2.42M), United States ($1.19M), and China ($658k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Canada WERE (2022 - 2023):
United States$48.3k (8.49%)
Colombia$9.09k (90.9%)
Jamaica$6k (74.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Canada WERE (2022 - 2023):
Trinidad and Tobago-$7.44k (-100%)
Saint Vincent and the Grenadines-$4.61k (-70.8%)
Guatemala-$2.55k (-45.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Cinnamon were:
Vietnam $245M
China $188M
Sri Lanka $149M
In 2023, Canada'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+ $1.05M
TOP IMPORT POTENTIALChina+ $877k

Cinnamon’s highest export potential is United States. With an export gap of $1.05M.   Cinnamon’s highest import potential is China with an import gap of $877k.

See methodology.

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