2022
Exports
$320kWorld Rnk 40 / 147
Flag Rnk 1069 / 1211
2022
PRODUCT COMPLEXITY IN Cinnamon
-1.8Rnk 982 / 1025
2022
Imports
$7.67MWorld Rnk 26 / 211
Flag Rnk 883 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $320k in Cinnamon, making it the 40th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 1069th most exported product in Thailand. The main destination of Cinnamon exports from Thailand are: United States ($75.8k), Maldives ($51.1k), Australia ($28.5k), Norway ($22.8k), and Canada ($22.2k).

The fastest growing export markets for Cinnamon of Thailand between 2021 and 2022 were Italy ($9.64k), Mongolia ($7.01k), and Germany ($5.91k).

Imports In 2022, Thailand imported $7.67M in Cinnamon, becoming the 26th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 883rd most imported product in Thailand. Thailand imports Cinnamon primarily from: Indonesia ($5.21M), Vietnam ($1.85M), China ($389k), India ($114k), and Burma ($50.6k).

The fastest growing import markets in Cinnamon for Thailand between 2021 and 2022 were Indonesia ($646k), Vietnam ($288k), and China ($95.4k).

COMPANIES In 2023, leading companies such as Cinmar (1) were at the forefront of shipping Cinnamon from Thailand to the United States.

Latest Trends

Jul 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)$320k
IMPORTS (2022)$7.67M
NET TRADE (2022)-$7.35M

In 2022, Thailand exported $320k in Cinnamon. The main destinations of Thailand exports on Cinnamon were United States ($75.8k), Maldives ($51.1k), Australia ($28.5k), Norway ($22.8k), and Canada ($22.2k).

In 2022, Thailand imported $7.67M in Cinnamon, mainly from Indonesia ($5.21M), Vietnam ($1.85M), China ($389k), India ($114k), and Burma ($50.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Italy$9.64k (267%)
Mongolia$7.01k (1%)
Germany$5.91k (59.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Thailand WERE (2021 - 2022):
Cambodia-$54.2k (-94.7%)
Burma-$52.9k (-81.2%)
Netherlands-$17k (-90.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Cinnamon were:
In 2022, Thailand'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+ $71.2k
TOP IMPORT POTENTIALVietnam+ $703k

Cinnamon’s highest export potential is United States. With an export gap of $71.2k.   Cinnamon’s highest import potential is Vietnam with an import gap of $703k.

See methodology.

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