2022
Exports
$67.9kWorld Rnk 57 / 121
Flag Rnk 1113 / 1198
2022
PRODUCT COMPLEXITY IN Vanilla
-1.9Rnk 988 / 1025
2022
Imports
$952kWorld Rnk 33 / 198
Flag Rnk 1056 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $67.9k in Vanilla, making it the 57th largest exporter of Vanilla in the world. At the same year, Vanilla was the 1113th most exported product in Singapore. The main destination of Vanilla exports from Singapore are: Chinese Taipei ($37.6k), Indonesia ($13.3k), Morocco ($8.76k), Hong Kong ($4.08k), and Bangladesh ($2.19k).

The fastest growing export markets for Vanilla of Singapore between 2021 and 2022 were Chinese Taipei ($7.76k), Morocco ($3.39k), and Bangladesh ($2.19k).

Imports In 2022, Singapore imported $952k in Vanilla, becoming the 33rd largest importer of Vanilla in the world. At the same year, Vanilla was the 1056th most imported product in Singapore. Singapore imports Vanilla primarily from: Indonesia ($433k), France ($219k), Japan ($122k), Germany ($31.1k), and Australia ($30.1k).

The fastest growing import markets in Vanilla for Singapore between 2021 and 2022 were Japan ($98.7k), France ($85.4k), and Australia ($19.4k).

Latest Trends

Sep 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)$67.9k
IMPORTS (2022)$952k
NET TRADE (2022)-$884k

In 2022, Singapore exported $67.9k in Vanilla. The main destinations of Singapore exports on Vanilla were Chinese Taipei ($37.6k), Indonesia ($13.3k), Morocco ($8.76k), Hong Kong ($4.08k), and Bangladesh ($2.19k).

In 2022, Singapore imported $952k in Vanilla, mainly from Indonesia ($433k), France ($219k), Japan ($122k), Germany ($31.1k), and Australia ($30.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
Chinese Taipei$7.76k (26%)
Morocco$3.39k (63.3%)
Bangladesh$2.19k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Singapore WERE (2021 - 2022):
Kuwait-$292k (-100%)
China-$196k (-100%)
United States-$52k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Vanilla were:
In 2022, Singapore'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 POTENTIALFrance+ $3.44k
TOP IMPORT POTENTIALMadagascar+ $68.6k

Vanilla’s highest export potential is France. With an export gap of $3.44k.   Vanilla’s highest import potential is Madagascar with an import gap of $68.6k.

See methodology.

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