Vietnam earns $188mil. from cinnamon exports in 7 months

According to preliminary data from the Vietnam Pepper and Spice Association (VPSA), in July alone, Vietnamese exporters shipped 10,373 tons of cinnamon, earning 26.2 million USD. Compared to July 2024, cinnamon exports increased by 5.1% in volume.

India remains the largest buyer of this dried bark from Vietnam.

From January to July 2025, the country exported 73,080 tons of cinnamon, worth 187.5 million USD - up 34.9% in volume and 21.6% in value year-on-year.

In 2024, Vietnam’s total cinnamon export turnover reached 274.5 million USD, with shipments totaling 99,874 tons - an increase of 11.7% in volume and 5.2% in value compared to 2023.

This growth is supported by Vietnam’s position as the world’s third-largest cinnamon producer, after Indonesia and China. The country currently has 180,000 hectares of cinnamon plantations, with reserves estimated at 0.9-1.2 million tons, mainly in the northern mountainous and north-central provinces.

For years, dried cinnamon bark has been a familiar spice and natural remedy. Notably, demand for cinnamon in functional foods, cosmetics, and pharmaceuticals in developed countries is rapidly increasing, creating significant opportunities for Vietnamese businesses to enhance product value.

However, Vietnam still exports cinnamon mainly in raw form, limiting added value compared to major exporters such as Indonesia, Sri Lanka, and India, which have invested heavily in deep processing and supply chain development.

                                                                                                                                         Source: Vietnamnet Global