HS Icon Vanilla in  Flag Mexico

2019
Exports | Imports
: $1.12M | $44k, World Rnk 28 / 110
Flag Rnk 913 / 1187 | World Rnk 85 / 182
Flag Rnk 1192 / 1208

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $110k | $35.2k, France |  United States

2019
ECONOMIC COMPLEXITY of Mexico
: 1.25, Rnk 20 / 147

2019
PRODUCT COMPLEXITY  IN Vanilla
: -1.73, Rnk 980 / 1029

Exports In 2019, Mexico exported $1.12M in Vanilla, making it the 28th largest exporter of Vanilla in the world. At the same year, Vanilla was the 913th most exported product in Mexico. The main destination of Vanilla exports from Mexico are: United States ($428k), France ($230k), Germany ($129k), Norway ($66k), and Australia ($57.8k).

The fastest growing export markets for Vanilla of Mexico between 2018 and 2019 were France ($110k), United States ($79.7k), and Norway ($66k).

Imports In 2019, Mexico imported $44k in Vanilla, becoming the 85th largest importer of Vanilla in the world. At the same year, Vanilla was the 1192nd most imported product in Mexico. Mexico imports Vanilla primarily from: United States ($41.8k) and United Kingdom ($2.19k).

The fastest growing import markets in Vanilla for Mexico between 2018 and 2019 were United States ($35.2k) and United Kingdom ($2.19k).

Tariffs In 2017, the average tariff for Mexico in Vanilla was 16.7%. The countries with the highest import tariffs for Vanilla were Angola (Most Favoured Nation duty rate treatement, 20%), Burundi (Most Favoured Nation duty rate treatement, 20%), Benin (Most Favoured Nation duty rate treatement, 20%), Burkina Faso (Most Favoured Nation duty rate treatement, 20%), and Botswana (Most Favoured Nation duty rate treatement, 20%).

Historical Data

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EXPORTS (2019): $1.12M

IMPORTS (2019): $44k

NET TRADE (2019): $1.08M

In 2019, Mexico exported $1.12M in Vanilla. The main destinations of Mexico exports on Vanilla were United States ($428k), France ($230k), Germany ($129k), Norway ($66k), and Australia ($57.8k).

In 2019, Mexico imported $44k in Vanilla, mainly from United States ($41.8k) and United Kingdom ($2.19k).

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IN 2019, Mexico HAD A POSITIVE NET TRADE IN Vanilla WITH:

IN 2019, Mexico HAD A NEGATIVE NET TRADE IN Vanilla WITH:: Spain , -$123 ($3.75k - $3.87k)

Flow

THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Mexico WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Mexico WERE (2018 - 2019):

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Market Concentration

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Type

In 2019, Mexico's main exporting competitors in Vanilla were:

In 2019, Mexico's main importing competitors in Vanilla were:

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Tariffs by Country

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In 2017, the average tariff for Mexico in Vanilla was 16.7%.

The countries with the highest tariffs for Vanilla in Mexico were Angola (Most Favoured Nation duty rate treatement, 20%), Burundi (Most Favoured Nation duty rate treatement, 20%), Benin (Most Favoured Nation duty rate treatement, 20%), Burkina Faso (Most Favoured Nation duty rate treatement, 20%), and Botswana (Most Favoured Nation duty rate treatement, 20%).