According to statistics from the Vietnam Pepper Association (VPSA), in October 2025 Vietnam exported 8,985 tons of cinnamon with a total export value of over 21.2 million USD. This is a significant increase of 21% in volume and 18.5% in value compared to last month.

In the first 10 months of the year, Vietnam exported 99,463 tons of cinnamon, with a total export value of nearly 250 million USD. This figure represents a 25% increase in volume and a 13.2% increase in value compared to the same period last year. India remains Vietnam’s largest export market, with 37,787 tons.

Looking back at 2024, Vietnam’s total cinnamon export value reached 274.5 million USD with an export volume of 99,874 tons. This marked an increase of 11.7% in volume and 5.2% in value compared to 2023.

Vietnam is among the top cinnamon exporters.

Vietnam is currently the third-largest cinnamon-producing country in the world, behind only Indonesia and China. The area of cinnamon cultivation increased from 13,863 hectares in 2000 to 186,000 hectares in 2023. Yen Bai and Lao Cai provinces have the largest cinnamon areas, accounting for 47.8% and 33.3%, respectively.

Cinnamon bark is commonly used in the food processing, pharmaceutical, cosmetic, and natural flavoring industries. Cinnamon essential oil has a high cinnamaldehyde content and is preferred in the production of pharmaceuticals and high-end fragrances. In addition, cinnamon trunks and branches are also utilized to produce handicrafts and bio-pellets, contributing to the reduction of resource waste.

Vietnamese cinnamon has been exported to nearly 100 countries worldwide, accounting for 95% of the Indian market share, 36.5% of the US market, and 35% of the European market. However, the proportion of processed cinnamon exports only accounted for 18.6%, equivalent to 18,659 tons. 70% was exported to the US and 12% to Europe.

Vietnam holds a high position in the international market. However, experts said that the potential and advantages of the cinnamon industry have not been fully realized. High-quality products are in short supply. Also, high levels of heavy metals and pesticides lead to a less competitive advantage.

Faced with these challenges, many domestic businesses have shifted toward sustainable development by actively linking with farmers to build organic raw material zones while applying international production processes. This is considered an important way to increase competitiveness and export value in the medium and long term.

The Ministry of Industry and Trade is building an ecosystem to take advantage of FTAs for the cinnamon industry. The main goals are to help businesses optimize the benefits of the FTA, build a culture of connection and cooperation, and promote collaboration between management agencies and businesses.