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2023
Exports $9.48MWorld Rnk 9 / 122
Flag Rnk 1052 / 1217
2023
Destination $1.02M Canada
2022 - 2023
FASTEST GROWING MARKET $1.02MFrance
2023
PRODUCT COMPLEXITY IN Vanilla-2.02Rnk 1000 / 1025
2023
Imports $217MWorld Rnk 1 / 190
Flag Rnk 720 / 1215
2023
Origin $1.32M Madagascar
2022 - 2023
FASTEST GROWING ORIGIN $1.32MUnited Kingdom
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $9.48M in Vanilla, making it the 9th largest exporter of Vanilla in the world. At the same year, Vanilla was the 1052nd most exported product in United States. The main destination of Vanilla exports from United States are: Canada ($3.61M), France ($1.71M), Netherlands ($1.27M), Germany ($422k), and South Korea ($391k).

The fastest growing export markets for Vanilla of United States between 2022 and 2023 were France ($1.02M), South Korea ($367k), and Panama ($138k).

Imports In 2023, United States imported $217M in Vanilla, becoming the 1st largest importer of Vanilla in the world. At the same year, Vanilla was the 720th most imported product in United States. United States imports Vanilla primarily from: Madagascar ($143M), Canada ($21.6M), Uganda ($16.2M), Indonesia ($11.5M), and France ($5.41M).

The fastest growing import markets in Vanilla for United States between 2022 and 2023 were United Kingdom ($1.32M), Singapore ($1.11M), and France ($966k).

COMPANIES In 2023, leading companies such as Goya Foods (117), Rothfos (45), and Sucafina (13) were at the forefront of shipping Vanilla to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Vanilla exports accounted up to $766k and imports accounted up to $6.19M, resulting in a negative trade balance of $5.42M. Between November 2023 and November 2024 the exports of United States'   Vanilla have increased by $334k (77.3%) from $432k to $766k, while imports increased by $641k (11.6%) from $5.55M to $6.19M.

Destinations In November 2024, Vanilla were exported mostly to France ($376k), Canada ($239k), Germany ($38.6k), South Korea ($36.6k), and Japan ($36.4k), and were imported mostly from Madagascar ($4.38M), Uganda ($896k), Indonesia ($600k), France ($161k), and India ($77.2k).

Growth In November 2024, the increase in Vanilla's year-by-year exports was explained primarily by an increase in exports to Japan ($223k or 267%), Germany ($102k or 119%), and New Zealand ($14.2k or 171%). In November 2024, the increase in Vanilla's year-by-year imports was explained primarily by an increase in imports from Uganda ($3.35M or 484%), France ($53.4k or 191%), and Papua New Guinea ($31.4k or 8.71%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$334k(77.3%)
IMPORT GROWTH (November 2023 - November 2024)$641k(11.6%)
MAIN EXPORTER (November 2024)New Jersey$538k
MAIN DESTINATION (November 2024)France$376k

This section shows Vanilla's exports and imports data at subnational level for United States. 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)$9.48M
IMPORTS (2023)$217M
NET TRADE (2023)-$207M

In 2023, United States exported $9.48M in Vanilla. The main destinations of United States exports on Vanilla were Canada ($3.61M), France ($1.71M), Netherlands ($1.27M), Germany ($422k), and South Korea ($391k).

In 2023, United States imported $217M in Vanilla, mainly from Madagascar ($143M), Canada ($21.6M), Uganda ($16.2M), Indonesia ($11.5M), and France ($5.41M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR United States WERE (2022 - 2023):
France$1.02M (147%)
South Korea$367k (1.56k%)
Panama$138k (2.57k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY United States WERE (2022 - 2023):
Netherlands-$815k (-39.1%)
Japan-$760k (-92.1%)
United Kingdom-$680k (-72.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Vanilla by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $827k
TOP IMPORT POTENTIALCanada+ $4.21M

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

See methodology.

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