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Cinnamon and cinnamon-tree flowers

0906 (Harmonized System 1992 for 4-digit)

2023
World Trade $835MRnk 953 / 1217
2023
Top Exporter | Top Importer $245M | $151MVietnam | United States
2023
Product Complexity -1.99Rnk 1010 / 1044
2022 - 2023
Export Growth (CAGR) -11%Rnk 783 / 1217
2023
Share of World Trade 0.0037%Rnk 953 / 1217

About

Overview This page contains the latest trade data of Cinnamon. In 2023, Cinnamon were the world's 953rd most traded product, with a total trade of $835M. Between 2022 and 2023 the exports of Cinnamon decreased by -11%, from $938M to $835M. Trade in Cinnamon represent 0.0037% of total world trade.

Cinnamon are a part of Coffee, tea, mate & spices. They include Cinnamon and cinnamon-tree flowers whole and Cinnamon and cinnamon-tree flowers crushed or ground.

Exports In 2023 the top exporters of Cinnamon  were Vietnam ($245M), China ($188M), Sri Lanka ($149M), Indonesia ($135M), and United Arab Emirates ($13.2M).

Imports In 2023 the top importers of Cinnamon were United States ($151M), India ($112M), Vietnam ($80.5M), Mexico ($49.7M), and Germany ($21.9M).

Ranking Cinnamon ranks 1010th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Vietnam$245M
Top Destination (2023)United States$151M

In 2023 Cinnamon were the world's 953rd most traded product (out of 1,217).

In 2023, the top exporters of Cinnamon were Vietnam ($245M), China ($188M), Sri Lanka ($149M), Indonesia ($135M), and United Arab Emirates ($13.2M).

In 2023, the top importers of Cinnamon were United States ($151M), India ($112M), Vietnam ($80.5M), Mexico ($49.7M), and Germany ($21.9M).

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Exporters of Cinnamon (2023)
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Importers of Cinnamon (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$9.01M
Top Destination Growth (2022 -  2023)Vietnam$27M

Between 2022 and 2023, the exports of Cinnamon grew the fastest in China ($9.01M), Spain ($1.61M), Poland ($1.21M), Austria ($1.08M), and United Kingdom ($713k).

Between 2022 and 2023, the fastest growing importers of Cinnamon were Vietnam ($27M), Mexico ($10.5M), Portugal ($1.37M), Egypt ($1.27M), and Nicaragua ($1.16M).

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Exporters of Cinnamon (2022 - 2023)

Importers of Cinnamon (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cinnamon.

In 2023, market concentration measured using Shannon Entropy, was 2.93. This means that most of the exports of Cinnamon are explained by 7 countries.

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Value of Exports in Cinnamon

Net Trade

TOP NET EXPORTER (2023)China$183M
TOP NET IMPORTER (2023)United States$143M

This map shows which countries export or import more of Cinnamon. Each country is colored based on the difference in exports and imports of Cinnamon during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cinnamon were China ($183M), Vietnam ($165M), Sri Lanka ($148M), Indonesia ($126M), and Madagascar ($7.85M).

In 2023, the countries that had a largest trade value in imports than in exports of Cinnamon were United States ($143M), India ($99.5M), Mexico ($49.4M), Peru ($21.2M), and Bangladesh ($19.2M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Cinnamon, disaggragated by their HS6 level were Cinnamon and cinnamon-tree flowers whole ($638M) and Cinnamon and cinnamon-tree flowers crushed or... ($197M)

HS6 Disaggregation for Cinnamon (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Cinnamon.
It is possible to select the main countries that export or import Cinnamon in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cinnamon by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $6.41M
TOP IMPORT POTENTIALVietnam+ $2.07M

Cinnamon’s highest export potential is India. With an export gap of $6.41M.  Cinnamon’s highest import potential is Vietnam with an import gap of $2.07M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Country by Relatedness

The following visualization shows the relatedness of Cinnamon to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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