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2023
Exports $1.3kWorld Rnk 116 / 146
Flag Rnk 1094 / 1133
2023
Destination $590 Sweden
2022 - 2023
FASTEST GROWING MARKET $590Sweden
2023
PRODUCT COMPLEXITY IN Cinnamon-1.81Rnk 982 / 1025
2023
Imports $3.61MWorld Rnk 42 / 212
Flag Rnk 737 / 1199
2023
Origin $157k Sri Lanka
2022 - 2023
FASTEST GROWING ORIGIN $157kUnited Arab Emirates
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $1.3k in Cinnamon, making it the 116th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 1094th most exported product in Chile. The main destination of Cinnamon exports from Chile are: Sweden ($590), Colombia ($376), Bahrain ($211), Canada ($111), and Mexico ($13).

The fastest growing export markets for Cinnamon of Chile between 2022 and 2023 were Sweden ($590), Bahrain ($211), and Canada ($28).

Imports In 2023, Chile imported $3.61M in Cinnamon, becoming the 42nd largest importer of Cinnamon in the world. At the same year, Cinnamon was the 737th most imported product in Chile. Chile imports Cinnamon primarily from: Sri Lanka ($2.81M), Vietnam ($222k), United Arab Emirates ($162k), United States ($93.2k), and China ($89.5k).

The fastest growing import markets in Cinnamon for Chile between 2022 and 2023 were United Arab Emirates ($157k), Vietnam ($153k), and Australia ($83.5k).

Latest Trends

July 2024

About

Overview In July 2024 Chile's Cinnamon exports accounted up to $87.7 and imports accounted up to $167k, resulting in a negative trade balance of $167k. 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 $123k (283%) from $43.5k to $167k.

Destinations In July 2024, Cinnamon were exported mostly to , and were imported mostly from Spain ($167k).

Growth In July 2024, the decrease in Cinnamon's year-by-year exports was explained primarily by a decrease in exports to . In November 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 (September 2023 - November 2024)$123k(283%)
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 (2023)$1.3k
IMPORTS (2023)$3.61M
NET TRADE (2023)-$3.61M

In 2023, Chile exported $1.3k in Cinnamon. The main destinations of Chile exports on Cinnamon were Sweden ($590), Colombia ($376), Bahrain ($211), Canada ($111), and Mexico ($13).

In 2023, Chile imported $3.61M in Cinnamon, mainly from Sri Lanka ($2.81M), Vietnam ($222k), United Arab Emirates ($162k), United States ($93.2k), and China ($89.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Sweden$590 (1%)
Bahrain$211 (1%)
Canada$28 (33.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Chile WERE (2022 - 2023):
Germany-$8.78k (-100%)
Mexico-$2.03k (-99.4%)
Latvia-$345 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Cinnamon were:
Vietnam $245M
China $188M
Sri Lanka $149M
In 2023, Chile'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 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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