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2023
Exports $1.18MWorld Rnk 21 / 146
Flag Rnk 937 / 1208
2023
Destination $99.3k Japan
2022 - 2023
FASTEST GROWING MARKET $99.3kAustralia
2023
PRODUCT COMPLEXITY IN Cinnamon-1.81Rnk 982 / 1025
2023
Imports $7.92MWorld Rnk 22 / 212
Flag Rnk 842 / 1211
2023
Origin $158k Indonesia
2022 - 2023
FASTEST GROWING ORIGIN $158kSri Lanka
2023
ECONOMIC COMPLEXITY of Malaysia1.04Rnk 27 / 132

About

Exports In 2023, Malaysia exported $1.18M in Cinnamon, making it the 21st largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 937th most exported product in Malaysia. The main destination of Cinnamon exports from Malaysia are: Japan ($758k), Australia ($116k), Singapore ($59.2k), Chinese Taipei ($54.3k), and Indonesia ($43.8k).

The fastest growing export markets for Cinnamon of Malaysia between 2022 and 2023 were Australia ($99.3k), Indonesia ($37k), and Chinese Taipei ($36.7k).

Imports In 2023, Malaysia imported $7.92M in Cinnamon, becoming the 22nd largest importer of Cinnamon in the world. At the same year, Cinnamon was the 842nd most imported product in Malaysia. Malaysia imports Cinnamon primarily from: Indonesia ($3.41M), Vietnam ($3.24M), China ($742k), Sri Lanka ($403k), and India ($30.4k).

The fastest growing import markets in Cinnamon for Malaysia between 2022 and 2023 were Sri Lanka ($158k), China ($42.7k), and Thailand ($29k).

Latest Trends

November 2024

About

Overview In November 2024 Malaysia's Cinnamon exports accounted up to MYR902k and imports accounted up to MYR2.55M, resulting in a negative trade balance of MYR1.65M. Between November 2023 and November 2024 the exports of Malaysia's   Cinnamon have increased by MYR233k (34.8%) from MYR669k to MYR902k, while imports increased by MYR210k (8.94%) from MYR2.35M to MYR2.55M.

Destinations In November 2024, Cinnamon were exported mostly to Japan (MYR817k), Singapore (MYR28.4k), New Zealand (MYR22.6k), Thailand (MYR15.8k), and Brunei (MYR6.35k), and were imported mostly from Vietnam (MYR1.58M), Indonesia (MYR803k), China (MYR80.3k), India (MYR57.1k), and Sri Lanka (MYR25.6k).

Growth In November 2024, the increase in Cinnamon's year-by-year exports was explained primarily by an increase in exports to Japan (MYR76.8k or 18%). In November 2024, the increase in Cinnamon's year-by-year imports was explained primarily by an increase in imports from Sri Lanka (MYR136k or 35.7%), China (MYR66.8k or 33.4%), and Chinese Taipei (MYR8.14k or 70.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)MYR233k(34.8%)
IMPORT GROWTH (November 2023 - November 2024)MYR210k(8.94%)
MAIN DESTINATION (November 2024)JapanMYR817k

This section shows Cinnamon's exports and imports data at subnational level for Malaysia. 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)$1.18M
IMPORTS (2023)$7.92M
NET TRADE (2023)-$6.74M

In 2023, Malaysia exported $1.18M in Cinnamon. The main destinations of Malaysia exports on Cinnamon were Japan ($758k), Australia ($116k), Singapore ($59.2k), Chinese Taipei ($54.3k), and Indonesia ($43.8k).

In 2023, Malaysia imported $7.92M in Cinnamon, mainly from Indonesia ($3.41M), Vietnam ($3.24M), China ($742k), Sri Lanka ($403k), and India ($30.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Malaysia WERE (2022 - 2023):
Australia$99.3k (585%)
Indonesia$37k (542%)
Chinese Taipei$36.7k (208%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Malaysia WERE (2022 - 2023):
Japan-$166k (-17.9%)
Hong Kong-$9.33k (-31.1%)
South Korea-$5k (-32%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Malaysia's main exporting competitors in Cinnamon were:
Vietnam $245M
China $188M
Sri Lanka $149M
In 2023, Malaysia'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 POTENTIALVietnam+ $53.3k
TOP IMPORT POTENTIALIndonesia+ $1.1M

Cinnamon’s highest export potential is Vietnam. With an export gap of $53.3k.   Cinnamon’s highest import potential is Indonesia with an import gap of $1.1M.

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