2022
Exports
$791World Rnk 118 / 147
Flag Rnk 940 / 996
2022
PRODUCT COMPLEXITY IN Cinnamon
-1.8Rnk 982 / 1025
2022
Imports
$172kWorld Rnk 116 / 211
Flag Rnk 882 / 1152
2022
ECONOMIC COMPLEXITY of Georgia
0.036Rnk 64 / 133

About

Exports In 2022, Georgia exported $791 in Cinnamon, making it the 118th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 940th most exported product in Georgia. The main destination of Cinnamon exports from Georgia are: Latvia ($418), Finland ($213), Russia ($141), and Bahrain ($19).

The fastest growing export markets for Cinnamon of Georgia between 2021 and 2022 were Latvia ($393) and Bahrain ($19).

Imports In 2022, Georgia imported $172k in Cinnamon, becoming the 116th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 882nd most imported product in Georgia. Georgia imports Cinnamon primarily from: Vietnam ($74.2k), China ($30.8k), Bulgaria ($25.3k), Ukraine ($17.6k), and India ($9.1k).

The fastest growing import markets in Cinnamon for Georgia between 2021 and 2022 were Vietnam ($39.3k), China ($26.7k), and Bulgaria ($16.2k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cinnamon. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$791
IMPORTS (2022)$172k
NET TRADE (2022)-$172k

In 2022, Georgia exported $791 in Cinnamon. The main destinations of Georgia exports on Cinnamon were Latvia ($418), Finland ($213), Russia ($141), and Bahrain ($19).

In 2022, Georgia imported $172k in Cinnamon, mainly from Vietnam ($74.2k), China ($30.8k), Bulgaria ($25.3k), Ukraine ($17.6k), and India ($9.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Georgia WERE (2021 - 2022):
Latvia$393 (1.57k%)
Bahrain$19 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Georgia WERE (2021 - 2022):
United States-$248 (-100%)
Finland-$186 (-46.6%)
Armenia-$108 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Georgia's main exporting competitors in Cinnamon were:
In 2022, Georgia's main importing competitors in Cinnamon were:

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Trade Value of Cinnamon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $450
TOP IMPORT POTENTIALChina+ $20.4k

Cinnamon’s highest export potential is United States. With an export gap of $450.   Cinnamon’s highest import potential is China with an import gap of $20.4k.

See methodology.

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