The three largest cinnamon export markets of Vietnam in the first six months of 2023

Published Aug 10, 2023

Tridge summary

Vietnam's cinnamon exports have increased in volume but decreased in value in the first half of 2023 compared to the same period in 2022. India, the United States, and Bangladesh are the top export markets for Vietnamese cinnamon. Despite import volumes increasing by 73.5%, China remains the largest supplier of cinnamon to Vietnam, followed by Indonesia.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: congthuong.vn According to the Vietnam Pepper Association, by the end of June 2023, Vietnam had exported 43,186 tons of cinnamon, the total export turnover reached 129.2 million USD, up 25.1% in volume and 0.4% in quantity. value over the same period in 2022. The average export price of cinnamon in the first 6 months of 2023 reached 2,992 USD/ton, down 737 USD compared to the same period last year. India, the United States and Bangladesh are the three main export markets of Vietnamese cinnamon, accounting for 67.1% of which India ranks first with 17,380 tons, up 35.4%; The United States reached 5,000 tons, down 4.5%; Bangladesh reached 4,271 tons, up 60.7%. Cinnamon exports also increased in China, Egypt, Indonesia, Türkiye, Poland... TOP 10 Vietnam cinnamon import markets (Unit: Tons) (Source: Vietnam Pepper Association) Major exporters include: Prosi Thang Long with 7,696 tons, up 23.7% and accounting for 17.8% of export market share; T&K Green Forest reached 2,945 tons, ...
Source: AgroInfo.vn
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