Vanilla in Barbados | The Observatory of Economic Complexity

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2015
Exports $2World Rnk 0 / 0
Flag

Rnk 0 / 0

falsefalseN/A

2023
PRODUCT COMPLEXITY IN Vanilla-2.02Rnk 1000 / 1025

2015
Imports $47.7kWorld Rnk 87 / 190
Flag

Rnk 778 / 1100

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Image by jen
Link: https://flic.kr/p/nnF2T2

Image 2

Image by ~Ealasaid~
Link: https://flic.kr/p/4g3uw7

Latest Trends
Historical Data
Potential Exports

About

Imports In 2023, Barbados imported $47.7k in Vanilla, becoming the 87th largest importer of Vanilla in the world. At the same year, Vanilla was the 778th most imported product in Barbados. Barbados imports Vanilla primarily from: United States ($33.2k), United Kingdom ($11.6k), Italy ($2.83k), Trinidad and Tobago ($132), and Turkey ($50).

The fastest growing import markets in Vanilla for Barbados between 2022 and 2023 were United States ($22.8k), United Kingdom ($5.91k), and Trinidad and Tobago ($132).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Exports

Imports

Y-AXIS SCALE

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Value

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2015)$2

IMPORTS (2023)$47.7k

NET TRADE (2023)-$47.7k

In 2023, Barbados imported $47.7k in Vanilla, mainly from United States ($33.2k), United Kingdom ($11.6k), Italy ($2.83k), Trinidad and Tobago ($132), and Turkey ($50).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Exports

Imports

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Ending

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Change in Exports by Market (2022 - 2023)

Market Concentration

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Export

Import

Type

Value

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In 2023, Barbados's main exporting competitors in Vanilla were:

Madagascar $389M

In 2023, Barbados's main importing competitors in Vanilla were:

United States $217M

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Trade Value of Vanilla by Exporters

Potential Exports

Potential Exports

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Exports

Imports

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N/A

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Vanilla’s highest export potential is N/A. With an export gap of N/A. Vanilla’s highest import potential is N/A with an import gap of N/A.

See methodology.

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