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2023
Exports $26.2kWorld Rnk 67 / 122
Flag Rnk 982 / 1133
2023
Destination $14.1k Uruguay
2022 - 2023
FASTEST GROWING MARKET $14.1kUruguay
2023
PRODUCT COMPLEXITY IN Vanilla-2.02Rnk 1000 / 1025
2023
Imports $101kWorld Rnk 73 / 190
Flag Rnk 1101 / 1199
2023
Origin $11.1k Madagascar
2022 - 2023
FASTEST GROWING ORIGIN $11.1kPeru
2023
ECONOMIC COMPLEXITY of Chile-0.2Rnk 72 / 132

About

Exports In 2023, Chile exported $26.2k in Vanilla, making it the 67th largest exporter of Vanilla in the world. At the same year, Vanilla was the 982nd most exported product in Chile. The main destination of Vanilla exports from Chile are: Uruguay ($24.8k), Peru ($1.05k), and Spain ($354).

The fastest growing export markets for Vanilla of Chile between 2022 and 2023 were Uruguay ($14.1k), Peru ($1.05k), and Spain ($354).

Imports In 2023, Chile imported $101k in Vanilla, becoming the 73rd largest importer of Vanilla in the world. At the same year, Vanilla was the 1101st most imported product in Chile. Chile imports Vanilla primarily from: Madagascar ($54.1k), Germany ($20.2k), Peru ($11.1k), France ($7.74k), and Belgium ($3.2k).

The fastest growing import markets in Vanilla for Chile between 2022 and 2023 were Peru ($11.1k), Ecuador ($586), and Belgium ($549).

Latest Trends

January 2024

About

Overview In January 2024 Chile's Vanilla exports accounted up to $1.02k and imports accounted up to $2.08k, resulting in a negative trade balance of $1.06k. 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 $-4.29k (-67.3%) from $6.37k to $2.08k.

Destinations In January 2024, Vanilla were exported mostly to , and were imported mostly from Belgium ($2.02k) and Germany ($56.3).

Growth In January 2024, the decrease in Vanilla's year-by-year exports was explained primarily by a decrease in exports to . In November 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)$-233(-18.6%)
IMPORT GROWTH (September 2023 - November 2024)$-4.29k(-67.3%)
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 (2023)$26.2k
IMPORTS (2023)$101k
NET TRADE (2023)-$74.6k

In 2023, Chile exported $26.2k in Vanilla. The main destinations of Chile exports on Vanilla were Uruguay ($24.8k), Peru ($1.05k), and Spain ($354).

In 2023, Chile imported $101k in Vanilla, mainly from Madagascar ($54.1k), Germany ($20.2k), Peru ($11.1k), France ($7.74k), and Belgium ($3.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Chile WERE (2022 - 2023):
Uruguay$14.1k (132%)
Peru$1.05k (1%)
Spain$354 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Chile WERE (2022 - 2023):Netherlands-$42 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Chile's main exporting competitors in Vanilla were:
Madagascar $389M
Uganda $33.1M
France $29.2M
In 2023, Chile's main importing competitors in Vanilla were:
United States $217M
France $130M
Germany $49.4M

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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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