2022
Exports
$1.05MWorld Rnk 26 / 121
Flag Rnk 928 / 1193
2022
PRODUCT COMPLEXITY IN Vanilla
-1.9Rnk 988 / 1025
2022
Imports
$18.2kWorld Rnk 112 / 198
Flag Rnk 1196 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $1.05M in Vanilla, making it the 26th largest exporter of Vanilla in the world. At the same year, Vanilla was the 928th most exported product in Mexico. The main destination of Vanilla exports from Mexico are: United States ($570k), France ($292k), Canada ($61.3k), Germany ($51.7k), and Japan ($15.2k).

The fastest growing export markets for Vanilla of Mexico between 2021 and 2022 were United States ($310k), France ($190k), and Japan ($15.2k).

Imports In 2022, Mexico imported $18.2k in Vanilla, becoming the 112th largest importer of Vanilla in the world. At the same year, Vanilla was the 1196th most imported product in Mexico. Mexico imports Vanilla primarily from: United States ($18.1k) and France ($84).

The fastest growing import markets in Vanilla for Mexico between 2021 and 2022 were United States ($13.7k).

COMPANIES In 2023, leading companies such as Sucafina (8) were at the forefront of shipping Vanilla from Mexico to the United States.

Latest Trends

Oct 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)$1.05M
IMPORTS (2022)$18.2k
NET TRADE (2022)$1.03M

In 2022, Mexico exported $1.05M in Vanilla. The main destinations of Mexico exports on Vanilla were United States ($570k), France ($292k), Canada ($61.3k), Germany ($51.7k), and Japan ($15.2k).

In 2022, Mexico imported $18.2k in Vanilla, mainly from United States ($18.1k) and France ($84).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$310k (119%)
France$190k (187%)
Japan$15.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Mexico WERE (2021 - 2022):
Poland-$71.9k (-99.9%)
Canada-$50.2k (-45%)
Germany-$14.1k (-21.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Vanilla were:
In 2022, Mexico'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+ $545k
TOP IMPORT POTENTIALUnited States+ $8.63k

Vanilla’s highest export potential is United States. With an export gap of $545k.   Vanilla’s highest import potential is United States with an import gap of $8.63k.

See methodology.

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