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2022
Exports $1.15MWorld Rnk 27 / 147
Flag Rnk 934 / 1198
2022
Destination $32.1k Japan
2021 - 2022
FASTEST GROWING MARKET $32.1kVietnam
2022
PRODUCT COMPLEXITY IN Cinnamon-1.8Rnk 982 / 1025
2022
Imports $8.68MWorld Rnk 25 / 211
Flag Rnk 853 / 1203
2022
Origin $96.4k Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $96.4kChina
2022
ECONOMIC COMPLEXITY of Malaysia1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $1.15M in Cinnamon, making it the 27th largest exporter of Cinnamon in the world. At the same year, Cinnamon was the 934th most exported product in Malaysia. The main destination of Cinnamon exports from Malaysia are: Japan ($935k), Vietnam ($32.1k), Hong Kong ($31.3k), Singapore ($30.1k), and Chinese Taipei ($29.8k).

The fastest growing export markets for Cinnamon of Malaysia between 2021 and 2022 were Vietnam ($32.1k), Indonesia ($5.31k), and Australia ($2.96k).

Imports In 2022, Malaysia imported $8.68M in Cinnamon, becoming the 25th largest importer of Cinnamon in the world. At the same year, Cinnamon was the 853rd most imported product in Malaysia. Malaysia imports Cinnamon primarily from: Vietnam ($3.84M), Indonesia ($3.59M), China ($810k), Sri Lanka ($327k), and Australia ($43.2k).

The fastest growing import markets in Cinnamon for Malaysia between 2021 and 2022 were China ($96.4k), South Korea ($2.64k), and Germany ($2.56k).

Latest Trends

June 2024

About

Overview In June 2024 Malaysia's Cinnamon exports accounted up to MYR386k and imports accounted up to MYR3.56M, resulting in a negative trade balance of MYR3.17M. Between June 2023 and June 2024 the exports of Malaysia's   Cinnamon have decreased by MYR-736k (-65.6%) from MYR1.12M to MYR386k, while imports decreased by MYR-1.17M (-24.7%) from MYR4.73M to MYR3.56M.

Destinations In June 2024, Cinnamon were exported mostly to Japan (MYR345k), Brunei (MYR12.3k), Singapore (MYR11.6k), Australia (MYR7.66k), and Thailand (MYR6.2k), and were imported mostly from Vietnam (MYR2.37M), Indonesia (MYR736k), China (MYR207k), Sri Lanka (MYR108k), and India (MYR88.2k).

Growth In June 2024, the decrease in Cinnamon's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Cinnamon's year-by-year imports was explained primarily by a decrease in imports from Vietnam (MYR-2.37M or -83.3%), Indonesia (MYR-633k or -56.5%), and Australia (MYR-14.8k or -86.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR-736k(-65.6%)
IMPORT GROWTH (June 2023 - June 2024)MYR-1.17M(-24.7%)
MAIN DESTINATION (June 2024)JapanMYR345k

This section shows Cinnamon's exports and imports data at subnational level for Malaysia. 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)$1.15M
IMPORTS (2022)$8.68M
NET TRADE (2022)-$7.53M

In 2022, Malaysia exported $1.15M in Cinnamon. The main destinations of Malaysia exports on Cinnamon were Japan ($935k), Vietnam ($32.1k), Hong Kong ($31.3k), Singapore ($30.1k), and Chinese Taipei ($29.8k).

In 2022, Malaysia imported $8.68M in Cinnamon, mainly from Vietnam ($3.84M), Indonesia ($3.59M), China ($810k), Sri Lanka ($327k), and Australia ($43.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cinnamon EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Vietnam$32.1k (1%)
Indonesia$5.31k (352%)
Australia$2.96k (11.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cinnamon BY Malaysia WERE (2021 - 2022):
Japan-$76.4k (-7.56%)
Chinese Taipei-$64.3k (-68.3%)
South Korea-$21.5k (-60.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Cinnamon were:
Vietnam $268M
Sri Lanka $214M
China $179M
In 2022, Malaysia'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 POTENTIALVietnam+ $53.3k
TOP IMPORT POTENTIALIndonesia+ $1.1M

Cinnamon’s highest export potential is Vietnam. With an export gap of $53.3k.   Cinnamon’s highest import potential is Indonesia with an import gap of $1.1M.

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