2023
Exports
$835kWorld Rnk 28 / 122
Flag Rnk 1188 / 1215
2023
PRODUCT COMPLEXITY IN Vanilla
-2.02Rnk 1000 / 1025
2023
Imports
$1.08MWorld Rnk 29 / 190
Flag Rnk 1158 / 1214
2023
ECONOMIC COMPLEXITY of China
1.16Rnk 21 / 132

About

Exports In 2023, China exported $835k in Vanilla, making it the 28th largest exporter of Vanilla in the world. At the same year, Vanilla was the 1188th most exported product in China. The main destination of Vanilla exports from China are: Saudi Arabia ($259k), Nigeria ($112k), Switzerland ($105k), Angola ($102k), and United States ($63.5k).

The fastest growing export markets for Vanilla of China between 2022 and 2023 were Nigeria ($112k), Saudi Arabia ($85.8k), and Djibouti ($40.9k).

Imports In 2023, China imported $1.08M in Vanilla, becoming the 29th 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: France ($281k), Madagascar ($255k), Indonesia ($216k), Singapore ($144k), and Hong Kong ($108k).

The fastest growing import markets in Vanilla for China between 2022 and 2023 were France ($178k), Singapore ($144k), and Hong Kong ($99k).

COMPANIES In 2024, leading companies such as Mystic Apparel (1) were at the forefront of shipping Vanilla from China to the United States.

Latest Trends

Dec 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 (2023)$835k
IMPORTS (2023)$1.08M
NET TRADE (2023)-$240k

In 2023, China exported $835k in Vanilla. The main destinations of China exports on Vanilla were Saudi Arabia ($259k), Nigeria ($112k), Switzerland ($105k), Angola ($102k), and United States ($63.5k).

In 2023, China imported $1.08M in Vanilla, mainly from France ($281k), Madagascar ($255k), Indonesia ($216k), Singapore ($144k), and Hong Kong ($108k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR China WERE (2022 - 2023):
Nigeria$112k (1%)
Saudi Arabia$85.8k (49.4%)
Djibouti$40.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY China WERE (2022 - 2023):
Sweden-$270k (-100%)
Azerbaijan-$57k (-100%)
Switzerland-$35.2k (-25.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, China's main exporting competitors in Vanilla were:
In 2023, 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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