2022
Exports
$714kWorld Rnk 29 / 121
Flag Rnk 1191 / 1216
2022
PRODUCT COMPLEXITY IN Vanilla
-1.9Rnk 988 / 1025
2022
Imports
$1.02MWorld Rnk 31 / 198
Flag Rnk 1158 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $714k in Vanilla, making it the 29th largest exporter of Vanilla in the world. At the same year, Vanilla was the 1191st most exported product in China. The main destination of Vanilla exports from China are: Sweden ($270k), Switzerland ($140k), Angola ($87.8k), Azerbaijan ($57k), and Lebanon ($33.3k).

The fastest growing export markets for Vanilla of China between 2021 and 2022 were Sweden ($270k), Switzerland ($45.3k), and Azerbaijan ($25.3k).

Imports In 2022, China imported $1.02M in Vanilla, becoming the 31st largest importer of Vanilla in the world. At the same year, Vanilla was the 1158th most imported product in China. China imports Vanilla primarily from: Madagascar ($477k), Indonesia ($376k), France ($93.8k), United States ($57.4k), and Hong Kong ($8.74k).

The fastest growing import markets in Vanilla for China between 2021 and 2022 were Indonesia ($205k), United States ($35.1k), and Australia ($4.15k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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
EXPORTS (2022)$714k
IMPORTS (2022)$1.02M
NET TRADE (2022)-$303k

In 2022, China exported $714k in Vanilla. The main destinations of China exports on Vanilla were Sweden ($270k), Switzerland ($140k), Angola ($87.8k), Azerbaijan ($57k), and Lebanon ($33.3k).

In 2022, China imported $1.02M in Vanilla, mainly from Madagascar ($477k), Indonesia ($376k), France ($93.8k), United States ($57.4k), and Hong Kong ($8.74k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR China WERE (2021 - 2022):
Sweden$270k (1%)
Switzerland$45.3k (47.9%)
Azerbaijan$25.3k (79.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY China WERE (2021 - 2022):
Saudi Arabia-$316k (-100%)
Lebanon-$69.4k (-67.6%)
Armenia-$32k (-58.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, China's main exporting competitors in Vanilla were:
In 2022, China's main importing competitors in Vanilla were:

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Trade Value of Vanilla by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $76.9k
TOP IMPORT POTENTIALMadagascar+ $617k

Vanilla’s highest export potential is United States. With an export gap of $76.9k.   Vanilla’s highest import potential is Madagascar with an import gap of $617k.

See methodology.

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