2022
Exports
$771kWorld Rnk 28 / 121
Flag Rnk 990 / 1211
2022
PRODUCT COMPLEXITY IN Vanilla
-1.9Rnk 988 / 1025
2022
Imports
$90kWorld Rnk 79 / 198
Flag Rnk 1179 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $771k in Vanilla, making it the 28th largest exporter of Vanilla in the world. At the same year, Vanilla was the 990th most exported product in Thailand. The main destination of Vanilla exports from Thailand are: United States ($361k), Canada ($133k), Australia ($88.4k), South Korea ($38.2k), and New Zealand ($36.7k).

The fastest growing export markets for Vanilla of Thailand between 2021 and 2022 were South Korea ($27.9k), Burma ($24.9k), and Thailand ($12.4k).

Imports In 2022, Thailand imported $90k in Vanilla, becoming the 79th largest importer of Vanilla in the world. At the same year, Vanilla was the 1179th most imported product in Thailand. Thailand imports Vanilla primarily from: Indonesia ($28.6k), Madagascar ($24.2k), Thailand ($12.4k), France ($11k), and Papua New Guinea ($4.85k).

The fastest growing import markets in Vanilla for Thailand between 2021 and 2022 were Indonesia ($16.7k), Thailand ($12.4k), and Madagascar ($1.64k).

Latest Trends

Nov 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)$771k
IMPORTS (2022)$90k
NET TRADE (2022)$681k

In 2022, Thailand exported $771k in Vanilla. The main destinations of Thailand exports on Vanilla were United States ($361k), Canada ($133k), Australia ($88.4k), South Korea ($38.2k), and New Zealand ($36.7k).

In 2022, Thailand imported $90k in Vanilla, mainly from Indonesia ($28.6k), Madagascar ($24.2k), Thailand ($12.4k), France ($11k), and Papua New Guinea ($4.85k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
South Korea$27.9k (273%)
Burma$24.9k (1.44k%)
Thailand$12.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Thailand WERE (2021 - 2022):
United States-$103k (-22.2%)
Canada-$22.8k (-14.6%)
Malaysia-$14.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Vanilla were:
In 2022, Thailand'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+ $188k
TOP IMPORT POTENTIALMadagascar+ $40.8k

Vanilla’s highest export potential is United States. With an export gap of $188k.   Vanilla’s highest import potential is Madagascar with an import gap of $40.8k.

See methodology.

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