2022
Exports
$95.6kWorld Rnk 50 / 121
Flag Rnk 1084 / 1176
2022
PRODUCT COMPLEXITY IN Vanilla
-1.9Rnk 988 / 1025
2022
Imports
$113kWorld Rnk 72 / 198
Flag Rnk 1160 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $95.6k in Vanilla, making it the 50th largest exporter of Vanilla in the world. At the same year, Vanilla was the 1084th most exported product in Vietnam. The main destination of Vanilla exports from Vietnam are: Lebanon ($68.5k), United States ($12.3k), Canada ($5.66k), Panama ($5.02k), and Australia ($3.55k).

The fastest growing export markets for Vanilla of Vietnam between 2021 and 2022 were Lebanon ($68.5k), United States ($8.68k), and Panama ($5.02k).

Imports In 2022, Vietnam imported $113k in Vanilla, becoming the 72nd largest importer of Vanilla in the world. At the same year, Vanilla was the 1160th most imported product in Vietnam. Vietnam imports Vanilla primarily from: United States ($71k), Germany ($24.5k), France ($10.5k), Italy ($3.67k), and Australia ($1.5k).

The fastest growing import markets in Vanilla for Vietnam between 2021 and 2022 were United States ($55k), Germany ($14k), and Italy ($3.67k).

COMPANIES In 2023, leading companies such as Rothfos (35) and Sucafina (1) were at the forefront of shipping Vanilla from Vietnam 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)$95.6k
IMPORTS (2022)$113k
NET TRADE (2022)-$17.4k

In 2022, Vietnam exported $95.6k in Vanilla. The main destinations of Vietnam exports on Vanilla were Lebanon ($68.5k), United States ($12.3k), Canada ($5.66k), Panama ($5.02k), and Australia ($3.55k).

In 2022, Vietnam imported $113k in Vanilla, mainly from United States ($71k), Germany ($24.5k), France ($10.5k), Italy ($3.67k), and Australia ($1.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Lebanon$68.5k (1%)
United States$8.68k (243%)
Panama$5.02k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Vietnam WERE (2021 - 2022):
Saudi Arabia-$32.2k (-100%)
Slovenia-$68 (-100%)
Chinese Taipei-$33 (-6.15%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Vanilla were:
In 2022, 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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