Vanilla0905 (Harmonized System 1992 for 4-digit)
2020 World Trade: $937M, Rnk 908 / 1217
2020 Top Exporter | Top Importer: $539M | $378M, Madagascar | United States
2020 Product Complexity: -1.83, Rnk 992 / 1028
2019 - 2020 Export Growth (CAGR): -17.4%, Rnk 963 / 1217
2018 Mean Tariff: 6.75%, Rnk 636 / 1259
2020 Share of World Trade: 0.0056%, Rnk 908 / 1217
Overview This page contains the latest trade data of Vanilla. In 2020, Vanilla were the world's 908th most traded product, with a total trade of $937M. Between 2019 and 2020 the exports of Vanilla decreased by -17.4%, from $1.14B to $937M. Trade in Vanilla represent 0.0056% of total world trade.
Vanilla are a part of Coffee, tea, mate & spices. They include Vanilla beans.
Exports In 2020 the top exporters of Vanilla were Madagascar ($539M), Indonesia ($66.9M), France ($64.8M), Germany ($55.3M), and Papua New Guinea ($40M).
Imports In 2020 the top importers of Vanilla were United States ($378M), France ($146M), Germany ($109M), Netherlands ($40.8M), and Canada ($37M).
Tariffs In 2018 the average tariff for Vanilla was 6.75%, making it the 636th lowest tariff using the HS4 product classification.
Ranking Vanilla ranks 992nd in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Vanilla. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): Madagascar, $539M
Top Destination (2020): United States, $378M
Vanilla are the world's 908th most traded product.
In 2020, the top exporters of Vanilla were Madagascar ($539M), Indonesia ($66.9M), France ($64.8M), Germany ($55.3M), and Papua New Guinea ($40M).
In 2020, the top importers of Vanilla were United States ($378M), France ($146M), Germany ($109M), Netherlands ($40.8M), and Canada ($37M).
Trade by country
Top Origin Growth (2019 - 2020): Australia, $2.72M
Top Destination Growth (2019 - 2020): Indonesia, $16M
Between 2019 and 2020, the exports of Vanilla grew the fastest in Australia ($2.72M), Papua New Guinea ($2M), Switzerland ($1.94M), Czechia ($1.65M), and Poland ($1.61M).
Between 2019 and 2020, the fastest growing importers of Vanilla were Indonesia ($16M), Switzerland ($10.7M), Netherlands ($7.16M), Norway ($2.74M), and Morocco ($1.98M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Vanilla.
In 2020, market concentration measured using Shannon Entropy, was 2.66. This means that most of the exports of Vanilla are explained by 6 countries.
TOP NET EXPORTER (2020): Madagascar, $535M
TOP NET IMPORTER (2020): United States, $361M
This map shows which countries export or import more of Vanilla. Each country is colored based on the difference in exports and imports of Vanilla during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Vanilla were Madagascar ($535M), Indonesia ($45.6M), Papua New Guinea ($40M), Uganda ($12.8M), and Comoros ($8.09M).
In 2020, the countries that had a largest trade value in imports than in exports of Vanilla were United States ($361M), France ($80.9M), Germany ($53.6M), Netherlands ($25.1M), and Switzerland ($24.7M).
In 2020, the world most traded Vanilla, disaggragated by their HS6 level were Vanilla beans ($937M)
This visualization shows the countries that have an important ratio of their trade related to Vanilla. It is possible to select the main countries that export or import Vanilla in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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