The overall value of cinnamon exports rose by an average 17.1% for all exporting countries from five years earlier in 2019 when worldwide cinnamon shipments were valued at $753 million.
Year over year, the growth in the value of globally exported cinnamon shrank by -14.9% compared to $1.04 billion starting in 2022.
The world’s top 5 exporters of cinnamon are Vietnam, Sri Lanka, mainland China, Indonesia and the Netherlands. That cohort of major suppliers generated 87.5% of the world’s spending on cinnamon exported during 2023. Such a high percentage suggests a relatively concentrated set of international suppliers for the popular spice.
From a continental perspective, 87% of worldwide spending on cinnamon exports were shipped from suppliers in Asia. Another 9.6% came from sources in Europe.
Smaller percentages originated from exporters in North America (2.4%), Africa (0.7%), Latin America (0.3%) excluding Mexico but including the Caribbean, and Oceania (0.04%) mostly Australia.
For research purposes, the 4-digit Harmonized Tariff System code prefix is 0906 for cinnamon including cinnamon-tree flowers.
Cinnamon Exports by Country
Below are the 15 countries that exported the highest dollar value worth of cinnamon during 2023.
- Vietnam: US$246.3 million (27.9% of total cinnamon exports)
- Sri Lanka: $211.1 million (23.9%)
- mainland China: $188.4 million (21.4%)
- Indonesia: $99.7 million (11.3%)
- Netherlands: $25.5 million (2.9%)
- United States: $17.2 million (2%)
- Germany: $14.4 million (1.6%)
- India: $11.7 million (1.3%)
- France: $8 million (0.9%)
- Poland: $6.6 million (0.8%)
- Austria: $5.9 million (0.7%)
- Spain: $4.4 million (0.5%)
- Madagascar: $4.1 million (0.5%)
- Czech Republic: $3.23 million (0.4%)
- United Kingdom: $3.17 million (0.4%)
By value, the listed 15 countries shipped 96.4% of globally exported cinnamon in 2023.
Among the top exporters, the fastest-growing cinnamon exporters since 2022 were: France (up 28.5%), Poland (up 27.6%), Austria (up 25.9%) and the Czech Republic (up 21.6%).
Those countries that posted declines in their exported cinnamon sales were led by: mainland China (down -31.3% from 2022), Indonesia (down -24.2%), United States of America (down -13.6%), Madagascar (down -7%) and Vietnam (down -5.3%).
Searchable List of Cinnamon Exporting Countries in 2023
By value, the 100 countries showcased in the following automated database were responsible for 99.998% of globally exported cinnamon during 2023.
| Rank | Exporter | Cinnamon Exports | 2022-3 |
|---|---|---|---|
| 1. | Vietnam | $246,276,000 | -5.3% |
| 2. | Sri Lanka | $211,124,000 | -2.8% |
| 3. | mainland China | $188,395,000 | -31.3% |
| 4. | Indonesia | $99,704,000 | -24.2% |
| 5. | Netherlands | $25,511,000 | +12.3% |
| 6. | United States | $17,221,000 | -13.6% |
| 7. | Germany | $14,382,000 | -3.5% |
| 8. | India | $11,700,000 | +7.9% |
| 9. | France | $7,958,000 | +28.5% |
| 10. | Poland | $6,648,000 | +27.6% |
| 11. | Austria | $5,888,000 | +25.9% |
| 12. | Spain | $4,407,000 | +8.7% |
| 13. | Madagascar | $4,113,000 | -7% |
| 14. | Czech Republic | $3,228,000 | +21.6% |
| 15. | United Kingdom | $3,173,000 | +6.2% |
| 16. | Estonia | $2,431,000 | +14.6% |
| 17. | Canada | $2,255,000 | -11.2% |
| 18. | Türkiye | $2,243,000 | -24.2% |
| 19. | Mexico | $1,951,000 | +53.1% |
| 20. | Sweden | $1,909,000 | +2.9% |
| 21. | Portugal | $1,707,000 | +14.9% |
| 22. | Malaysia | $1,412,000 | +18.8% |
| 23. | Italy | $1,322,000 | -2.4% |
| 24. | Romania | $1,099,000 | +130.9% |
| 25. | Guatemala | $1,090,000 | +8.8% |
| 26. | Belgium | $1,085,000 | -14.8% |
| 27. | Nepal | $991,000 | -49.2% |
| 28. | Denmark | $890,000 | +33.4% |
| 29. | Singapore | $881,000 | -18.8% |
| 30. | Tanzania | $850,000 | -25.7% |
| 31. | Jordan | $761,000 | -9.3% |
| 32. | Thailand | $709,000 | +137.1% |
| 33. | Hong Kong | $575,000 | +408.8% |
| 34. | United Arab Emirates | $538,000 | -97.3% |
| 35. | Israel | $490,000 | -63.8% |
| 36. | Djibouti | $486,000 | -35.5% |
| 37. | Slovakia | $419,000 | +43.5% |
| 38. | Croatia | $351,000 | +8.7% |
| 39. | Laos | $348,000 | +123.1% |
| 40. | Australia | $338,000 | -20.3% |
| 41. | Hungary | $302,000 | +13.1% |
| 42. | Russia | $268,000 | +8.1% |
| 43. | Lithuania | $243,000 | +135.9% |
| 44. | Bulgaria | $242,000 | +66.9% |
| 45. | Costa Rica | $221,000 | +5.7% |
| 46. | El Salvador | $215,000 | -8.5% |
| 47. | South Africa | $207,000 | +31.8% |
| 48. | Peru | $199,000 | +65.8% |
| 49. | Greece | $194,000 | -20.8% |
| 50. | Finland | $164,000 | -10.4% |
| 51. | Dominican Republic | $155,000 | +20.2% |
| 52. | Serbia | $145,000 | +19.8% |
| 53. | Namibia | $144,000 | +260% |
| 54. | Kenya | $140,000 | +22.8% |
| 55. | Armenia | $127,000 | -49.2% |
| 56. | Egypt | $123,000 | +41.4% |
| 57. | Seychelles | $114,000 | +3.6% |
| 58. | Lebanon | $114,000 | +128% |
| 59. | Brazil | $108,000 | +33.3% |
| 60. | Dominica | $100,000 | +1567% |
| 61. | Bangladesh | $99,000 | +33.8% |
| 62. | Switzerland | $93,000 | -17% |
| 63. | Colombia | $91,000 | -79.1% |
| 64. | Bahrain | $90,000 | -29.1% |
| 65. | Ecuador | $85,000 | +57.4% |
| 66. | Ukraine | $72,000 | +24.1% |
| 67. | Myanmar | $60,000 | -79.2% |
| 68. | Iran | $52,000 | +92.6% |
| 69. | Chile | $47,000 | -60.8% |
| 70. | Grenada | $44,000 | -26.7% |
| 71. | South Korea | $40,000 | +14.3% |
| 72. | Ireland | $39,000 | -13.3% |
| 73. | Albania | $37,000 | 0% |
| 74. | Sierra Leone | $34,000 | +3300% |
| 75. | Saint Lucia | $30,000 | +3.4% |
| 76. | Pakistan | $27,000 | -18.2% |
| 77. | Trinidad/Tobago | $27,000 | -6.9% |
| 78. | Morocco | $26,000 | +1200% |
| 79. | Honduras | $24,000 | 0% |
| 80. | Bolivia | $19,000 | -17.4% |
| 81. | New Zealand | $15,000 | -44.4% |
| 82. | Saudi Arabia | $14,000 | -95.3% |
| 83. | Slovenia | $13,000 | -53.6% |
| 84. | Syria | $10,000 | -85.1% |
| 85. | Taiwan | $10,000 | -83.1% |
| 86. | Bosnia/Herzegovina | $9,000 | +12.5% |
| 87. | Cambodia | $9,000 | -30.8% |
| 88. | Luxembourg | $7,000 | 0% |
| 89. | Mauritius | $7,000 | 0% |
| 90. | North Macedonia | $6,000 | +20% |
| 91. | Kazakhstan | $6,000 | +500% |
| 92. | Panama | $5,000 | -91.5% |
| 93. | US Minor Outlying Is | $4,000 | -55.6% |
| 94. | Guyana | $4,000 | 0% |
| 95. | Iceland | $3,000 | +200% |
| 96. | Georgia | $3,000 | +200% |
| 97. | Belarus | $3,000 | 0% |
| 98. | Uzbekistan | $3,000 | +200% |
| 99. | Anguilla | $3,000 | 0% |
| 100. | Norway | $2,000 | -66.7% |
The fastest year-over-year export gainers were suppliers in Africa’s Sierra Leone (up 3,300% from 2022), Dominica (up 1,567%), Morocco (up 1,200%), Kazakhstan (up 500%) then Hong Kong (up 408.8%).
You can change the presentation order by clicking the triangle icon at the top of the above table’s columns. An entry of 0% in the right-most column means that 2022 data was unavailable.
Countries Reaping Largest Trade Surpluses from Cinnamon
The following countries posted the highest positive net exports for cinnamon during 2023. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s exported cinnamon and its import purchases for that same commodity.
- Sri Lanka: US$210.9 million (net export surplus down -2.8% since 2022)
- mainland China: $184.9 million (down -31.9%)
- Vietnam: $166 million (down -19.7%)
- Indonesia: $90 million (down -26.7%)
- Netherlands: $8 million (reversing a -$2.8 million deficit)
- Madagascar: $4.1 million (down -7.3%)
- Estonia: $1.1 million (up 275.3%)
- Austria: $712,000 (up 173.8%)
- Tanzania: $427,000 (down -57.4%)
- Laos: $348,000 (up 123.1%)
- Hong Kong: $253,000 (reversing a -$366,000 deficit)
- Seychelles: $81,000 (up 14.1%)
- Namibia: $60,000 (reversing a -$23,000 deficit)
- Myanmar: $59,000 (down -79.4%)
- Dominica: $56,000 (reversing a -$35,000 deficit)
Sri Lanka then highly populated mainland China and Vietnam generated the highest surplus in the international trade of cinnamon. In turn, this positive cashflows confirm these countries’ strong competitive advantages for this specific product category.
Countries Causing Worst Trade Deficits from Cinnamon
The following countries posted the highest negative net exports for cinnamon during 2023. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s imported cinnamon purchases and its exports for that same commodity.
- United States: -US$133.2 million (net export deficit down -27.9% since 2022)
- India: -$99.6 million (down -2.4%)
- Mexico: -$95.2 million (down -5.2%)
- Peru: -$22.4 million (down -8.8%)
- Bangladesh: -$19.2 million (down -46.1%)
- Canada: -$16 million (down -17.7%)
- United Kingdom: -$12.4 million (down -13.6%)
- United Arab Emirates: -$12.1 million (up 3520.3%)
- Japan: -$11.3 million (down -5.9%)
- Brazil: -$10.6 million (up 1.8%)
- Pakistan: -$9.3 million (down -28.7%)
- Saudi Arabia: -$9.1 million (down -49.3%)
- Guatemala: -$9 million (down -6.5%)
- Egypt: -$8.9 million (up 11.6%)
- Germany: -$7.6 million (down -41.1%)
The United States of America incurred the highest deficit in the international trade of cinnamon. In turn, this negative cashflow highlights America’s competitive disadvantage for this specific product category but also signals opportunities for cinnamon-supplying countries that help satisfy the powerful consumer demand.
Cinnamon-Sticks Exporting Companies
According to global trading platform Alibaba, the following suppliers are examples of cinnamon-sticks trading exporters. The home-country location for each business is shown within parentheses.
- CV Kerinci Agro (Indonesia)
- G.P. De Silva Spices (United States)
- Justingredients (United Kingdom)
- Nature’s Agro Products Lanka Co. (Sri Lanka)
- RKR Exports (India)
- Vietnam Hanfimex Corp. (Vietnam)
- Wuzhou Hengsheng Trading Co. (China)
- Yehiawy (Egypt)
See also Top Exported Spices by Sales, Weight and Unit Value, Sugar Exports by Country, Best Global Consumer Markets for Selling Imported Coffee and Top Peppermint Exports & Imports by Country
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on August 29, 2024
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on August 29, 2024
International Trade Centre, Trade Map. Accessed on August 29, 2024
Investopedia, Net Exports Definition. Accessed on August 29, 2024
Wikipedia, Cinnamon. Accessed on August 29, 2024