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2022
Exports $3.01MWorld Rnk 15 / 147
Flag Rnk 1021 / 1216
2022
Destination $148k Netherlands
2021 - 2022
FASTEST GROWING MARKET $148kArmenia
2022
PRODUCT COMPLEXITY IN Cinnamon-1.8Rnk 982 / 1025
2022
Imports $15.4MWorld Rnk 12 / 211
Flag Rnk 954 / 1214
2022
Origin $544k Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $544kMadagascar
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $3.01M in Cinnamon, making it the 15th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 1021st most exported product in United Kingdom. The main destination of Cinnamon exports from United Kingdom are: Netherlands ($1.22M), Ireland ($694k), United States ($241k), Armenia ($148k), and Germany ($80.1k).

The fastest growing export markets for Cinnamon of United Kingdom between 2021 and 2022 were Armenia ($148k), Ireland ($139k), and Denmark ($65.4k).

Imports In 2022, United Kingdom imported $15.4M in Cinnamon, becoming the 12th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 954th most imported product in United Kingdom. United Kingdom imports Cinnamon primarily from: Vietnam ($3.09M), China ($1.83M), Sri Lanka ($1.69M), Netherlands ($1.56M), and Indonesia ($1.15M).

The fastest growing import markets in Cinnamon for United Kingdom between 2021 and 2022 were Madagascar ($544k), United States ($235k), and Vietnam ($230k).

COMPANIES In 2023, leading companies such as Amazon (1) and Givaudan Fragrances (1) were at the forefront of shipping Cinnamon from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Cinnamon exports accounted up to £133k and imports accounted up to £842k, resulting in a negative trade balance of £709k. Between June 2023 and June 2024 the exports of United Kingdom's   Cinnamon have decreased by £-21.2k (-13.7%) from £154k to £133k, while imports decreased by £-28k (-3.22%) from £870k to £842k.

Destinations In June 2024, Cinnamon were exported mostly to Netherlands (£87.9k), Ireland (£35.3k), France (£4.63k), United Arab Emirates (£2.92k), and Belgium (£2.54k), and were imported mostly from China (£196k), Vietnam (£128k), India (£124k), Netherlands (£110k), and Sri Lanka (£99.6k).

Growth In June 2024, the decrease in Cinnamon's year-by-year exports was explained primarily by a decrease in exports to France (£-1.23k or -57.9%). In June 2024, the decrease in Cinnamon's year-by-year imports was explained primarily by a decrease in imports from China (£-150k or -66.1%), Netherlands (£-123k or -70.6%), and France (£-83.5k or -41.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-21.2k(-13.7%)
IMPORT GROWTH (June 2023 - June 2024)£-28k(-3.22%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£225k
MAIN DESTINATION (June 2024)Netherlands£87.9k

This section shows Cinnamon's exports and imports data at subnational level for United Kingdom. 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 (2022)$3.01M
IMPORTS (2022)$15.4M
NET TRADE (2022)-$12.4M

In 2022, United Kingdom exported $3.01M in Cinnamon. The main destinations of United Kingdom exports on Cinnamon were Netherlands ($1.22M), Ireland ($694k), United States ($241k), Armenia ($148k), and Germany ($80.1k).

In 2022, United Kingdom imported $15.4M in Cinnamon, mainly from Vietnam ($3.09M), China ($1.83M), Sri Lanka ($1.69M), Netherlands ($1.56M), and Indonesia ($1.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Armenia$148k (1%)
Ireland$139k (25.1%)
Denmark$65.4k (768%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY United Kingdom WERE (2021 - 2022):
Netherlands-$1.24M (-50.4%)
Sri Lanka-$139k (-98.8%)
Austria-$89.5k (-97.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Cinnamon were:
Vietnam $268M
Sri Lanka $214M
China $179M
In 2022, United Kingdom's main importing competitors in Cinnamon were:
United States $190M
India $116M
Mexico $87.7M

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Trade Value of Cinnamon by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $232k
TOP IMPORT POTENTIALChina+ $1.23M

Cinnamon’s highest export potential is United States. With an export gap of $232k.   Cinnamon’s highest import potential is China with an import gap of $1.23M.

See methodology.

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