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2023
Exports $24.1MWorld Rnk 4 / 122
Flag Rnk 611 / 1212
2023
Destination $620k United States
2022 - 2023
FASTEST GROWING MARKET $620kIndonesia
2023
PRODUCT COMPLEXITY IN Vanilla-2.02Rnk 1000 / 1025
2023
Imports $27.7MWorld Rnk 5 / 190
Flag Rnk 797 / 1211
2023
Origin $574k Madagascar
2022 - 2023
FASTEST GROWING ORIGIN $574kMauritius
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $24.1M in Vanilla, making it the 4th largest exporter of Vanilla in the world. At the same year, Vanilla was the 611th most exported product in Canada. The main destination of Vanilla exports from Canada are: United States ($21.6M), Japan ($956k), Indonesia ($620k), Germany ($500k), and Netherlands ($318k).

The fastest growing export markets for Vanilla of Canada between 2022 and 2023 were Indonesia ($620k), Netherlands ($318k), and United Kingdom ($40.8k).

Imports In 2023, Canada imported $27.7M in Vanilla, becoming the 5th largest importer of Vanilla in the world. At the same year, Vanilla was the 797th most imported product in Canada. Canada imports Vanilla primarily from: Madagascar ($19.6M), United States ($3.61M), Uganda ($1.72M), Mauritius ($574k), and United Kingdom ($536k).

The fastest growing import markets in Vanilla for Canada between 2022 and 2023 were Mauritius ($574k), United Kingdom ($425k), and Comoros ($329k).

Latest Trends

November 2024

About

Overview In November 2024 Canada's Vanilla exports accounted up to C$1.93k and imports accounted up to C$2.1M, resulting in a negative trade balance of C$2.1M. Between August 2023 and November 2024 the exports of Canada's   Vanilla have decreased by C$-11.7k (-85.8%) from C$13.6k to C$1.93k, while imports increased by C$1.68M (395%) from C$426k to C$2.1M.

Destinations In November 2024, Vanilla were exported mostly to Australia (C$1.89k) and France (C$41), and were imported mostly from Madagascar (C$1.62M), Uganda (C$247k), United States (C$112k), Comoros (C$46.5k), and France (C$38.4k).

Growth In November 2024, the decrease in Vanilla's year-by-year exports was explained primarily by a decrease in exports to . In November 2024, the increase in Vanilla's year-by-year imports was explained primarily by an increase in imports from United States (C$73.6k or 50.6%), Mexico (C$4.36k or 79.9%), and Turkey (C$1.81k or 1.06k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - November 2024)C$-11.7k(-85.8%)
IMPORT GROWTH (November 2023 - November 2024)C$1.68M(395%)
MAIN EXPORTER (November 2024)QuebecC$334k
MAIN DESTINATION (November 2024)AustraliaC$1.89k

This section shows Vanilla's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Vanilla over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$24.1M
IMPORTS (2023)$27.7M
NET TRADE (2023)-$3.53M

In 2023, Canada exported $24.1M in Vanilla. The main destinations of Canada exports on Vanilla were United States ($21.6M), Japan ($956k), Indonesia ($620k), Germany ($500k), and Netherlands ($318k).

In 2023, Canada imported $27.7M in Vanilla, mainly from Madagascar ($19.6M), United States ($3.61M), Uganda ($1.72M), Mauritius ($574k), and United Kingdom ($536k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Indonesia$620k (1%)
Netherlands$318k (1%)
United Kingdom$40.8k (115%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Canada WERE (2022 - 2023):
United States-$20.5M (-48.6%)
Japan-$462k (-32.6%)
Germany-$111k (-18.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Vanilla were:
Madagascar $389M
Uganda $33.1M
France $29.2M
In 2023, Canada's main importing competitors in Vanilla were:
United States $217M
France $130M
Germany $49.4M

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Trade Value of Vanilla by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.21M
TOP IMPORT POTENTIALUnited States+ $827k

Vanilla’s highest export potential is United States. With an export gap of $4.21M.   Vanilla’s highest import potential is United States with an import gap of $827k.

See methodology.

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