Cinnamon exports bring in hundreds of millions of USD

In 2024, Vietnam managed to maintain favorable cinnamon production, with an estimated harvest of 80,000 tons, despite facing challenges from storms and floods, including Typhoon Yagi. The country saw a notable increase in its cinnamon exports, with a volume of 99,874 tons and a value of 275 million USD, marking a 12% increase in volume and a 5.2% increase in value compared to the previous year. India emerged as the largest export market for Vietnamese cinnamon, accounting for 36% of the total exports, followed by the United States with an 11% share and Bangladesh, which significantly increased its imports from Vietnam by 43%, becoming the third-largest market with an 8% share.