2022
Exports
$2.61MWorld Rnk 19 / 121
Flag Rnk 754 / 1208
2022
PRODUCT COMPLEXITY IN Vanilla
-1.9Rnk 988 / 1025
2022
Imports
$5.97MWorld Rnk 15 / 198
Flag Rnk 894 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $2.61M in Vanilla, making it the 19th largest exporter of Vanilla in the world. At the same year, Vanilla was the 754th most exported product in Australia. The main destination of Vanilla exports from Australia are: United Kingdom ($550k), United States ($543k), Germany ($430k), Switzerland ($242k), and Malaysia ($139k).

The fastest growing export markets for Vanilla of Australia between 2021 and 2022 were South Korea ($107k), Malaysia ($101k), and Netherlands ($72.4k).

Imports In 2022, Australia imported $5.97M in Vanilla, becoming the 15th largest importer of Vanilla in the world. At the same year, Vanilla was the 894th most imported product in Australia. Australia imports Vanilla primarily from: Madagascar ($2.08M), Uganda ($1.53M), Papua New Guinea ($890k), Mauritius ($630k), and Indonesia ($225k).

The fastest growing import markets in Vanilla for Australia between 2021 and 2022 were Uganda ($722k), Indonesia ($120k), and Israel ($74.6k).

Latest Trends

May 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Vanilla. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.61M
IMPORTS (2022)$5.97M
NET TRADE (2022)-$3.36M

In 2022, Australia exported $2.61M in Vanilla. The main destinations of Australia exports on Vanilla were United Kingdom ($550k), United States ($543k), Germany ($430k), Switzerland ($242k), and Malaysia ($139k).

In 2022, Australia imported $5.97M in Vanilla, mainly from Madagascar ($2.08M), Uganda ($1.53M), Papua New Guinea ($890k), Mauritius ($630k), and Indonesia ($225k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Australia WERE (2021 - 2022):
South Korea$107k (697%)
Malaysia$101k (272%)
Netherlands$72.4k (9.48k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Australia WERE (2021 - 2022):
United Kingdom-$169k (-23.5%)
New Zealand-$66.4k (-71.2%)
Japan-$54.8k (-72.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Vanilla were:
In 2022, Australia's main importing competitors in Vanilla were:

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Trade Value of Vanilla by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $364k
TOP IMPORT POTENTIALMadagascar+ $438k

Vanilla’s highest export potential is United States. With an export gap of $364k.   Vanilla’s highest import potential is Madagascar with an import gap of $438k.

See methodology.

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