Vietnam’s Dried Cinnamon Bark: A Wonderful Spice for the World
Dried cinnamon bark is a familiar spice in cuisine and a versatile herb in traditional medicine. Dried cinnamon bark has a strong aroma, a spicy taste, and various health benefits, such as treating colds, stomachaches, diarrhea, lowering blood sugar, and improving cardiovascular health12. Dried cinnamon bark is also a raw material for extracting cinnamon oil, a valuable product in the cosmetics, food, and pharmaceutical industries.
Vietnam is one of the largest producers and exporters of dried cinnamon bark in the world. According to the General Department of Customs, in 2020, Vietnam exported 40,000 tons of dried cinnamon bark, worth 55 million USD3. The main export markets of Vietnam are China, India, the United States, the EU, and Southeast Asian countries.
The product of dried cinnamon bark from Vietnam has many competitive advantages compared to other countries, such as:
High quality: Dried cinnamon bark from Vietnam has a high content of essential oil (3-5%), which contains a lot of cinnamaldehyde (70-90%), a compound that has anti-inflammatory, antibacterial, and antioxidant effects4. Dried cinnamon bark from Vietnam is also carefully selected, naturally dried, and well-preserved.
Tax incentives: Vietnam has signed many free trade agreements (FTAs) with major partners such as the EU, Japan, South Korea, ASEAN… Thanks to these agreements, the product of dried cinnamon bark from Vietnam enjoys preferential or zero import tariffs in these markets. For example, according to the EVFTA between Vietnam and the EU, the product of dried cinnamon bark from Vietnam will be exempted from import tariffs as soon as the agreement takes effect from August 1st, 20205.
Convenient transportation: Vietnam has a geographical advantage for transporting goods by sea. Vietnam has more than 3,200 km of coastline and 114 seaports, including 6 international seaports6. This helps save costs and time for shipping goods from Vietnam to export markets.
With these advantages, the product of dried cinnamon bark from Vietnam is increasingly trusted and favored by many customers around the world. If you want to buy high-quality and reasonable-priced dried cinnamon bark from Vietnam, please contact us via website or email. We will provide you with detailed information and attentive consultation about the product of dried cinnamon bark from Vietnam.