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2022
Exports $11.2kWorld Rnk 93 / 147
Flag Rnk 1020 / 1142
2022
Destination $8.15k Germany
2021 - 2022
FASTEST GROWING MARKET $8.15kGermany
2022
PRODUCT COMPLEXITY IN Cinnamon-1.8Rnk 982 / 1025
2022
Imports $4.86MWorld Rnk 39 / 211
Flag Rnk 718 / 1203
2022
Origin $47.1k Sri Lanka
2021 - 2022
FASTEST GROWING ORIGIN $47.1kIndonesia
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $11.2k in Cinnamon, making it the 93rd largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 1020th most exported product in Chile. The main destination of Cinnamon exports from Chile are: Germany ($8.15k), Mexico ($2.04k), Colombia ($634), Latvia ($325), and Canada ($81).

The fastest growing export markets for Cinnamon of Chile between 2021 and 2022 were Germany ($8.15k), Mexico ($1.14k), and Colombia ($634).

Imports In 2022, Chile imported $4.86M in Cinnamon, becoming the 39th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 718th most imported product in Chile. Chile imports Cinnamon primarily from: Sri Lanka ($4.44M), United States ($98.1k), Indonesia ($75.5k), Vietnam ($69.9k), and China ($68k).

The fastest growing import markets in Cinnamon for Chile between 2021 and 2022 were Indonesia ($47.1k), United States ($25.8k), and United Arab Emirates ($4.92k).

Latest Trends

July 2024

About

Overview In July 2024 Chile's Cinnamon exports accounted up to $87.7 and imports accounted up to $718k, resulting in a negative trade balance of $718k. Between December 2021 and July 2024 the exports of Chile's   Cinnamon have decreased by $-124 (-58.6%) from $212 to $87.7, while imports increased by $586k (443%) from $132k to $718k.

Destinations In July 2024, Cinnamon were exported mostly to , and were imported mostly from Spain ($487k), Germany ($228k), Argentina ($2.12k), and United States ($267).

Growth In July 2024, the decrease in Cinnamon's year-by-year exports was explained primarily by a decrease in exports to . In October 2024, the increase in Cinnamon's year-by-year imports was explained primarily by an increase in imports from China ($26.9k or 53%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2021 - July 2024)$-124(-58.6%)
IMPORT GROWTH (August 2023 - October 2024)$586k(443%)
MAIN EXPORTER (July 2024)Valparaíso$87.7
MAIN DESTINATION (July 2024)

This section shows Cinnamon's exports and imports data at subnational level for Chile. 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 (2022)$11.2k
IMPORTS (2022)$4.86M
NET TRADE (2022)-$4.85M

In 2022, Chile exported $11.2k in Cinnamon. The main destinations of Chile exports on Cinnamon were Germany ($8.15k), Mexico ($2.04k), Colombia ($634), Latvia ($325), and Canada ($81).

In 2022, Chile imported $4.86M in Cinnamon, mainly from Sri Lanka ($4.44M), United States ($98.1k), Indonesia ($75.5k), Vietnam ($69.9k), and China ($68k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Germany$8.15k (1%)
Mexico$1.14k (127%)
Colombia$634 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Chile WERE (2021 - 2022):
Peru-$24.9k (-100%)
Bosnia and Herzegovina-$92 (-100%)
Canada-$44 (-35.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Cinnamon were:
Vietnam $268M
Sri Lanka $214M
China $179M
In 2022, Chile's main importing competitors in Cinnamon were:
United States $190M
India $116M
Mexico $87.7M

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Trade Value of Cinnamon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.89k
TOP IMPORT POTENTIALChina+ $104k

Cinnamon’s highest export potential is Germany. With an export gap of $2.89k.   Cinnamon’s highest import potential is China with an import gap of $104k.

See methodology.

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