Cinnamon Prices in Vietnam
| Variety | Market level | Price (US$/kg) | Local (VND) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Farmgate | 1.01 | 25,143 | ▼ 13.2% | ▼ 13.2% | FAOSTAT Producer Prices |
| - | Export (unit value) | 6.53 | 163,300 | ▼ 21.4% | ▼ 21.4% | UN Comtrade (unit value) |
As of July 2026, the cinnamon price in Vietnam available is US$ 1.01 per kg (25,143 VND), down 13.2% year-on-year.
Vietnam is a major cinnamon exporter, ranking second globally in 2023 with exports valued at US$105.9 million (16,212 tonnes), accounting for 28.8% of world exports despite a 2.4% year-on-year decrease. The country produced 71,307 tonnes in 2024, holding the third spot worldwide and contributing 21.0% of global output, with a 4.9% increase from the previous year. The latest farmgate generic price is US$1.0057 per kg.
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Production, Exports, Imports & HS Codes - cinnamon in Vietnam
Vietnam is a major cinnamon exporter, ranking second globally in 2023 with exports valued at US$105.9 million (16,212 tonnes), accounting for 28.8% of world exports despite a 2.4% year-on-year decrease. The country produced 71,307 tonnes in 2024, holding the third spot worldwide and contributing 21.0% of global output, with a 4.9% increase from the previous year. The latest farmgate generic price is US$1.0057 per kg.
Exports UN Comtrade · 2023
In 2023, Vietnam exported $105.9M (16.2 kt) of cinnamon▼ 2.4% YoY. That ranks #2 worldwide (28.8% of global exports).
Export value by year (US$)
Export volume by year
Top cinnamon exporters worldwide UN Comtrade · 2023
- #1 Sri Lanka $207.2M · 79.9%
- #2 Indonesia $21.1M · 8.1%
- #3 Madagascar $5.1M · 2%
- #4 India $4.7M · 1.8%
- #5 Netherlands $3.9M · 1.5%
Annual export data Vietnam · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2023 | $105.9M | 16.2 kt | $6.53 |
| 2022 | $108.5M | 13.1 kt | $8.31 |
| 2021 | $115.9M | 17.6 kt | $6.58 |
| 2020 | $97.7M | 15.4 kt | $6.36 |
Production FAOSTAT · 2024
Vietnam produced 71.3 kt of cinnamon in 2024▲ 4.9% YoY. It ranks #3 among producing countries (21% of world output).
Production by year (tonnes)
HS Code
cinnamon is traded under Harmonized System code 0906.11. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.