According to preliminary statistics of the Vietnam Pepper Association, in June 2023, Vietnam exported 9,292 tons of cinnamon, total export turnover reached 28.5 million USD, compared to May, the export volume increased by 0.8 %, turnover increased by 4.0%.

People in Dao Thinh commune bring cinnamon to sell to Vietnam anise production and export joint stock company

India and the United States are the two main export markets of Vietnamese cinnamon, in which exports to India reached 4,693 tons, up 32.2% and accounting for 50.5% of export market share in the month. The United States accounted for 12.1% reaching 1,122 tons.

The leading cinnamon exporters include: Prosi Thang Long (reached 1,455 tons), T&K Green Forest (reached 597 tons), Olam Vietnam (reached 460 tons), Senspice (459 tons).

Generally in the first 6 months of 2023, Vietnam exported 43,186 tons of cinnamon, total export turnover reached 129.2 million USD, up 25.1% in volume and 0.4% in 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 the markets of China, Egypt, Indonesia, Turkey, Poland...

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, up 60.1%; Senspice reached 2,760 tons, up 115.8%; Son Ha seasoning reached 2,139 tons, down 16.9%…