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2023
Exports $8.66MWorld Rnk 9 / 146
Flag Rnk 1063 / 1217
2023
Destination $350k Canada
2022 - 2023
FASTEST GROWING MARKET $350kCosta Rica
2023
PRODUCT COMPLEXITY IN Cinnamon-1.81Rnk 982 / 1025
2023
Imports $151MWorld Rnk 1 / 212
Flag Rnk 785 / 1215
2023
Origin $198k Indonesia
2022 - 2023
FASTEST GROWING ORIGIN $198kSpain
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $8.66M in Cinnamon, making it the 9th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 1063rd most exported product in United States. The main destination of Cinnamon exports from United States are: Canada ($1.19M), Mexico ($1.08M), Costa Rica ($922k), Colombia ($672k), and Saudi Arabia ($490k).

The fastest growing export markets for Cinnamon of United States between 2022 and 2023 were Costa Rica ($350k), Vietnam ($261k), and Honduras ($223k).

Imports In 2023, United States imported $151M in Cinnamon, becoming the 1st largest importer of Cinnamon in the world. At the same year, Cinnamon was the 785th most imported product in United States. United States imports Cinnamon primarily from: Indonesia ($65M), Vietnam ($52.4M), Sri Lanka ($25.1M), India ($3.77M), and China ($1.3M).

The fastest growing import markets in Cinnamon for United States between 2022 and 2023 were Spain ($198k), China ($155k), and Pakistan ($78k).

COMPANIES In 2023, leading companies such as Harvey Imports (87), Ameziel (45), and Costco Wholesale (35) were at the forefront of shipping Cinnamon to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Cinnamon exports accounted up to $1.33M and imports accounted up to $14M, resulting in a negative trade balance of $12.7M. Between November 2023 and November 2024 the exports of United States'   Cinnamon have decreased by $-328k (-19.7%) from $1.66M to $1.33M, while imports increased by $15.9k (0.11%) from $14M to $14M.

Destinations In November 2024, Cinnamon were exported mostly to Canada ($727k), Mexico ($398k), Colombia ($39.2k), Jamaica ($28.1k), and Costa Rica ($23.6k), and were imported mostly from N/A.

Growth In November 2024, the decrease in Cinnamon's year-by-year exports was explained primarily by a decrease in exports to Canada ($-421k or -37.2%), Saudi Arabia ($-71.8k or -73.8%), and Guatemala ($-28.9k or -71.5%). In November 2024, the increase in Cinnamon's year-by-year imports was explained primarily by an increase in imports from Turkey ($168k or 183%), Vietnam ($116k or 2.28%), and India ($42.8k or 12.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-328k(-19.7%)
IMPORT GROWTH (November 2023 - November 2024)$15.9k(0.11%)
MAIN EXPORTER (November 2024)Maryland$728k
MAIN DESTINATION (November 2024)Canada$727k

This section shows Cinnamon's exports and imports data at subnational level for United States. 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)$8.66M
IMPORTS (2023)$151M
NET TRADE (2023)-$143M

In 2023, United States exported $8.66M in Cinnamon. The main destinations of United States exports on Cinnamon were Canada ($1.19M), Mexico ($1.08M), Costa Rica ($922k), Colombia ($672k), and Saudi Arabia ($490k).

In 2023, United States imported $151M in Cinnamon, mainly from Indonesia ($65M), Vietnam ($52.4M), Sri Lanka ($25.1M), India ($3.77M), and China ($1.3M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR United States WERE (2022 - 2023):
Costa Rica$350k (61.4%)
Vietnam$261k (212%)
Honduras$223k (570%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY United States WERE (2022 - 2023):
Canada-$413k (-25.7%)
United Kingdom-$255k (-58%)
Mexico-$208k (-16.1%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Cinnamon were:
Vietnam $245M
China $188M
Sri Lanka $149M
In 2023, United States's main importing competitors in Cinnamon were:
India $112M
Vietnam $80.5M

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Trade Value of Cinnamon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $305k
TOP IMPORT POTENTIALChina+ $2.52M

Cinnamon’s highest export potential is Vietnam. With an export gap of $305k.   Cinnamon’s highest import potential is China with an import gap of $2.52M.

See methodology.

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