Overview This page contains the latest trade data of Vanilla. In 2019, Vanilla were the world's 874th most traded product, with a total trade of $1.17B. Between 2018 and 2019 the exports of Vanilla decreased by -20.5%, from $1.47B to $1.17B. Trade in Vanilla represent 0.0065% of total world trade.

Exports In 2019 the top exporters of Vanilla  were Madagascar ($651M), France ($89M), Indonesia ($81.7M), Canada ($65.8M), and Germany ($65.8M).

Imports In 2019 the top importers of Vanilla were United States ($477M), France ($210M), Germany ($119M), Canada ($60.7M), and Netherlands ($33.4M).

Tariffs In 2018 the average tariff for Vanilla was 6.55%, making it the 649th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Vanilla are Tunisia (36%), Cape Verde (30%), Sri Lanka (29.9%), Ethiopia (29.7%), and Cameroon (29.4%). The countries with the lowest tariffs are Angola (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Maldives (0%).

Ranking Vanilla ranks 930th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Madagascar, $651M

Top Destination (2019): United States, $477M

Vanilla are the world's 874th most traded product.

In 2019, the top exporters of Vanilla were Madagascar ($651M), France ($89M), Indonesia ($81.7M), Canada ($65.8M), and Germany ($65.8M).

In 2019, the top importers of Vanilla were United States ($477M), France ($210M), Germany ($119M), Canada ($60.7M), and Netherlands ($33.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Uganda, $16.4M

Top Destination Growth (2018 - 2019): Madagascar, $9.44M

Between 2018 and 2019, the exports of Vanilla grew the fastest in Uganda ($16.4M), United Arab Emirates ($9.56M), France ($4.22M), Canada ($3.32M), and Romania ($3.08M).

Between 2018 and 2019, the fastest growing importers of Vanilla were Madagascar ($9.44M), United Arab Emirates ($4.78M), Czechia ($3.49M), Poland ($2.05M), and United Kingdom ($2.04M).

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Market Concentration

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Cumulative market share

Value

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

In 2019,  market concentration measured using Shannon Entropy, was 2.7. This means that most of the exports of Vanilla are explained by 6 countries.

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TOP NET EXPORTER (2019): Madagascar, $635M

TOP NET IMPORTER (2019): United States, $456M

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Vanilla were Madagascar ($635M), Indonesia ($76.4M), Papua New Guinea ($38M), Uganda ($30M), and Comoros ($8.06M).

In 2019, the countries that had a largest trade value in imports than in exports of Vanilla were United States ($456M), France ($121M), Germany ($53.2M), Japan ($27M), and Switzerland ($24.4M).

Disaggregation

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Value

In 2019, the world most traded Vanilla, disaggragated by their HS6 level were Vanilla beans ($1.17B)

Import Tariffs

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In 2018, the average tariff for importing Vanilla was 6.55%. The countries with the highest tariffs for importing Vanilla were Tunisia (36%), Cape Verde (30%), Sri Lanka (29.9%), Ethiopia (29.7%), and Cameroon (29.4%).

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Vanilla to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.