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Cinnamon: top exporters and importers (2024)

In 2024, world trade in cinnamon totaled $795 million (201 thousand tonnes). The top exporters were Vietnam (30%), Sri Lanka (24%) and Indonesia (17%); the top importers were the United States (20%), India (12%) and Mexico (11%). Compared with 2019, the value rose 7%.

Summary

World trade
$795million
Tonnes
201thousand tonnes
Price per tonne
$3,958
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Vietnam$237 million · 29.8%
  2. Sri Lanka$189 million · 23.8%
  3. Indonesia$137 million · 17.3%
  4. China$122 million · 15.3%
  5. India$14 million · 1.8%
  6. Netherlands$12 million · 1.6%
    re-exports
  7. Madagascar$10 million · 1.3%
  8. United States$10 million · 1.2%
  9. Germany$9 million · 1.1%
  10. France$6 million · 0.74%
  11. Spain$5 million · 0.68%
  12. Poland$5 million · 0.65%
  13. Austria$4 million · 0.56%
  14. United Kingdom$3 million · 0.34%
  15. Turkey$2 million · 0.31%
  16. Estonia$2 million · 0.26%
  17. Belgium$1 million · 0.17%
    re-exports
  18. Malaysia$1 million · 0.16%
  19. Czechia$1 million · 0.16%
  20. Sweden$1 million · 0.16%

Top importers

  1. United States$160 million · 20.1%
  2. India$96 million · 12%
  3. Mexico$86 million · 10.8%
  4. Peru$22 million · 2.8%
  5. Germany$21 million · 2.6%
  6. Canada$20 million · 2.5%
  7. Saudi Arabia$18 million · 2.3%
  8. United Kingdom$18 million · 2.3%
  9. Bangladesh$17 million · 2.2%
  10. Netherlands$15 million · 1.9%
    re-exports
  11. Spain$14 million · 1.7%
  12. United Arab Emirates$14 million · 1.7%
  13. Pakistan$12 million · 1.5%
  14. Vietnam$12 million · 1.5%
  15. Poland$11 million · 1.4%
  16. Japan$11 million · 1.4%
  17. Indonesia$11 million · 1.4%
  18. Colombia$10 million · 1.2%
  19. Iran$10 million · 1.2%
  20. Brazil$9 million · 1.2%

Trend

Who sells it

Vietnam has been the top exporter since 2019

Value in USD millions. The five largest exporters in 2024.

  • Vietnam 237
  • Sri Lanka 189
  • Indonesia 137
  • China 122
  • India 14.2

Source: CEPII BACI

Show the numbers
Country19952024
Vietnam7.9237
Sri Lanka34.5189
Indonesia47.5137
China42.8122
India114.2

Price

Implied price

The price per tonne rose 85% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $3,958

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$2,136
1996$2,171
1997$2,146
1998$1,831
1999$1,531
2000$1,635
2001$1,411
2002$1,318
2003$1,477
2004$1,334
2005$1,532
2006$1,731
2007$1,692
2008$2,019
2009$1,937
2010$2,040
2011$2,430
2012$2,514
2013$2,452
2014$2,985
2015$3,070
2016$3,361
2017$3,447
2018$3,754
2019$3,948
2020$4,231
2021$4,451
2022$4,418
2023$4,328
2024$3,958

What it includes

  • 0906 · Cinnamon

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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