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2022
Exports $10.7kWorld Rnk 77 / 121
Flag Rnk 1024 / 1142
2022
Destination $6.18k Uruguay
2021 - 2022
FASTEST GROWING MARKET $6.18kUruguay
2022
PRODUCT COMPLEXITY IN Vanilla-1.9Rnk 988 / 1025
2022
Imports $111kWorld Rnk 74 / 198
Flag Rnk 1106 / 1203
2022
Origin $29.6k Madagascar
2021 - 2022
FASTEST GROWING ORIGIN $29.6kMadagascar
2022
ECONOMIC COMPLEXITY of Chile-0.18Rnk 74 / 133

About

Exports In 2022, Chile exported $10.7k in Vanilla, making it the 77th largest exporter of Vanilla in the world. At the same year, Vanilla was the 1024th most exported product in Chile. The main destination of Vanilla exports from Chile are: Uruguay ($10.7k) and Netherlands ($42).

The fastest growing export markets for Vanilla of Chile between 2021 and 2022 were Uruguay ($6.18k) and Netherlands ($42).

Imports In 2022, Chile imported $111k in Vanilla, becoming the 74th largest importer of Vanilla in the world. At the same year, Vanilla was the 1106th most imported product in Chile. Chile imports Vanilla primarily from: Madagascar ($54.2k), Germany ($30.4k), France ($17.6k), Dominican Republic ($3.61k), and Belgium ($2.65k).

The fastest growing import markets in Vanilla for Chile between 2021 and 2022 were Madagascar ($29.6k), Germany ($6.45k), and Mexico ($2.62k).

Latest Trends

January 2024

About

Overview In January 2024 Chile's Vanilla exports accounted up to $1.02k and imports accounted up to $3.17k, resulting in a negative trade balance of $2.15k. Between June 2021 and January 2024 the exports of Chile's   Vanilla have decreased by $-233 (-18.6%) from $1.25k to $1.02k, while imports decreased by $-16.1k (-83.5%) from $19.3k to $3.17k.

Destinations In January 2024, Vanilla were exported mostly to , and were imported mostly from France ($3.17k).

Growth In January 2024, the decrease in Vanilla's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the decrease in Vanilla's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2021 - January 2024)$-233(-18.6%)
IMPORT GROWTH (May 2023 - August 2024)$-16.1k(-83.5%)
MAIN EXPORTER (January 2024)Recoleta$1.02k
MAIN DESTINATION (January 2024)

This section shows Vanilla's exports and imports data at subnational level for Chile. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Vanilla over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.7k
IMPORTS (2022)$111k
NET TRADE (2022)-$100k

In 2022, Chile exported $10.7k in Vanilla. The main destinations of Chile exports on Vanilla were Uruguay ($10.7k) and Netherlands ($42).

In 2022, Chile imported $111k in Vanilla, mainly from Madagascar ($54.2k), Germany ($30.4k), France ($17.6k), Dominican Republic ($3.61k), and Belgium ($2.65k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Chile WERE (2021 - 2022):
Uruguay$6.18k (138%)
Netherlands$42 (1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Chile's main exporting competitors in Vanilla were:
Madagascar $583M
France $60.3M
Uganda $44.5M
In 2022, Chile's main importing competitors in Vanilla were:
United States $348M
France $203M
Germany $73.7M

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Trade Value of Vanilla by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $868
TOP IMPORT POTENTIALMadagascar+ $42.8k

Vanilla’s highest export potential is United States. With an export gap of $868.   Vanilla’s highest import potential is Madagascar with an import gap of $42.8k.

See methodology.

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