2023
Exports
$66.1kWorld Rnk 53 / 122
Flag Rnk 1054 / 1173
2023
PRODUCT COMPLEXITY IN Vanilla
-2.02Rnk 1000 / 1025
2023
Imports
$32.8kWorld Rnk 100 / 190
Flag Rnk 1179 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $66.1k in Vanilla, making it the 53rd largest exporter of Vanilla in the world. At the same year, Vanilla was the 1054th most exported product in Vietnam. The main destination of Vanilla exports from Vietnam are: Saudi Arabia ($45.7k), Netherlands ($15.8k), United States ($3.01k), Australia ($762), and Chinese Taipei ($514).

The fastest growing export markets for Vanilla of Vietnam between 2022 and 2023 were Netherlands ($15.8k), Poland ($45), and Singapore ($22).

Imports In 2023, Vietnam imported $32.8k in Vanilla, becoming the 100th largest importer of Vanilla in the world. At the same year, Vanilla was the 1179th most imported product in Vietnam. Vietnam imports Vanilla primarily from: United States ($26k), France ($5.14k), Thailand ($761), Germany ($594), and Singapore ($279).

The fastest growing import markets in Vanilla for Vietnam between 2022 and 2023 were Thailand ($319) and Singapore ($279).

COMPANIES In 2024, leading companies such as Rothfos (8) and Sucafina (1) were at the forefront of shipping Vanilla from Vietnam to the United States.

Latest Trends

Dec 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 (2023)$66.1k
IMPORTS (2023)$32.8k
NET TRADE (2023)$33.3k

In 2023, Vietnam exported $66.1k in Vanilla. The main destinations of Vietnam exports on Vanilla were Saudi Arabia ($45.7k), Netherlands ($15.8k), United States ($3.01k), Australia ($762), and Chinese Taipei ($514).

In 2023, Vietnam imported $32.8k in Vanilla, mainly from United States ($26k), France ($5.14k), Thailand ($761), Germany ($594), and Singapore ($279).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Netherlands$15.8k (1%)
Poland$45 (1%)
Singapore$22 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Vietnam WERE (2022 - 2023):
Lebanon-$68.5k (-100%)
Saudi Arabia-$32.9k (-41.9%)
United States-$8.7k (-74.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Vanilla were:
In 2023, Vietnam'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+ $14.7k
TOP IMPORT POTENTIALGermany+ $9.8k

Vanilla’s highest export potential is United States. With an export gap of $14.7k.   Vanilla’s highest import potential is Germany with an import gap of $9.8k.

See methodology.

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