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Vanillin(4-hydroxy-3-methoxybenzaldehyde)

291241 (Harmonized System 1992 for 6-digit)

2023
World Trade $377MRnk 3130 / 4644
2023
Top Exporter | Top Importer $191M | $73.9MChina | United States
2023
Product Complexity 0.18Rnk 2233 / 4656
2022 - 2023
Export Growth (CAGR) -42.3%Rnk 4466 / 4644
2023
Share of World Trade 0.0017%Rnk 3130 / 4644

About

Overview This page contains the latest trade data of Vanillin. In 2023, Vanillin were the world's 3130th most traded product, with a total trade of $377M. Between 2022 and 2023 the exports of Vanillin decreased by -42.3%, from $653M to $377M. Trade in Vanillin represent 0.0017% of total world trade.

Vanillin are a part of Aldehydes, cyclic polymers, and paraformaldehyde.

Exports In 2023 the top exporters of Vanillin  were China ($191M), Norway ($33.1M), France ($31M), Canada ($25.5M), and United States ($19.6M).

Imports In 2023 the top importers of Vanillin were United States ($73.9M), Germany ($41.7M), Japan ($32.2M), India ($24.2M), and France ($19.6M).

Ranking Vanillin ranks 2233rd in the Product Complexity Index (PCI).

Description Vanillin is a common ingredient in foods, perfumes, and beverages. It is also an ingredient in cleaning products and other chemicals.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Vanillin. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$191M
Top Destination (2023)United States$73.9M

In 2023 Vanillin were the world's 3130th most traded product (out of 4,644).

In 2023, the top exporters of Vanillin were China ($191M), Norway ($33.1M), France ($31M), Canada ($25.5M), and United States ($19.6M).

In 2023, the top importers of Vanillin were United States ($73.9M), Germany ($41.7M), Japan ($32.2M), India ($24.2M), and France ($19.6M).

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Exporters of Vanillin (2023)
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Importers of Vanillin (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$924k
Top Destination Growth (2022 -  2023)Bahrain$426k

Between 2022 and 2023, the exports of Vanillin grew the fastest in India ($924k), Slovenia ($519k), Turkey ($213k), Ukraine ($136k), and Colombia ($75.6k).

Between 2022 and 2023, the fastest growing importers of Vanillin were Bahrain ($426k), Jordan ($369k), Uzbekistan ($322k), Luxembourg ($299k), and Ghana ($249k).

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Exporters of Vanillin (2022 - 2023)

Importers of Vanillin (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vanillin.

In 2023, market concentration measured using Shannon Entropy, was 2.81. This means that most of the exports of Vanillin are explained by 7 countries.

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Value of Exports in Vanillin

Net Trade

TOP NET EXPORTER (2023)China$190M
TOP NET IMPORTER (2023)United States$54.2M

This map shows which countries export or import more of Vanillin. Each country is colored based on the difference in exports and imports of Vanillin during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Vanillin were China ($190M), Norway ($30.8M), Canada ($21.1M), France ($11.4M), and Bulgaria ($962k).

In 2023, the countries that had a largest trade value in imports than in exports of Vanillin were United States ($54.2M), Japan ($32.1M), Germany ($24.1M), India ($22M), and United Kingdom ($11.7M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Vanillin.
It is possible to select the main countries that export or import Vanillin in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vanillin by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

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