2023
Exports
$315kWorld Rnk 38 / 122
Flag Rnk 461 / 1008
2023
PRODUCT COMPLEXITY IN Vanilla
-2.02Rnk 1000 / 1025
2023
Imports
$60.7kWorld Rnk 83 / 190
Flag Rnk 1032 / 1159
2023
ECONOMIC COMPLEXITY of Dominican Republic
0.04Rnk 62 / 132

About

Exports In 2023, Dominican Republic exported $315k in Vanilla, making it the 38th largest exporter of Vanilla in the world. At the same year, Vanilla was the 461st most exported product in Dominican Republic. The main destination of Vanilla exports from Dominican Republic are: United States ($275k), Curaçao ($12.5k), Spain ($6.45k), Aruba ($5.97k), and Haiti ($4.89k).

The fastest growing export markets for Vanilla of Dominican Republic between 2022 and 2023 were United States ($44k), Curaçao ($8.58k), and Aruba ($5.65k).

Imports In 2023, Dominican Republic imported $60.7k in Vanilla, becoming the 83rd largest importer of Vanilla in the world. At the same year, Vanilla was the 1032nd most imported product in Dominican Republic. Dominican Republic imports Vanilla primarily from: United States ($56.5k), Spain ($2.38k), Switzerland ($1.49k), France ($178), and Serbia ($166).

The fastest growing import markets in Vanilla for Dominican Republic between 2022 and 2023 were United States ($15.8k), Spain ($1.7k), and Switzerland ($1.49k).

COMPANIES In 2024, leading companies such as Goya Foods (2) were at the forefront of shipping Vanilla from Dominican Republic 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)$315k
IMPORTS (2023)$60.7k
NET TRADE (2023)$254k

In 2023, Dominican Republic exported $315k in Vanilla. The main destinations of Dominican Republic exports on Vanilla were United States ($275k), Curaçao ($12.5k), Spain ($6.45k), Aruba ($5.97k), and Haiti ($4.89k).

In 2023, Dominican Republic imported $60.7k in Vanilla, mainly from United States ($56.5k), Spain ($2.38k), Switzerland ($1.49k), France ($178), and Serbia ($166).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Dominican Republic WERE (2022 - 2023):
United States$44k (19%)
Curaçao$8.58k (221%)
Aruba$5.65k (1.75k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Dominican Republic WERE (2022 - 2023):
Spain-$8.67k (-57.3%)
France-$6.71k (-92.4%)
Portugal-$4.83k (-74.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Dominican Republic's main exporting competitors in Vanilla were:
In 2023, Dominican Republic'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+ $536
TOP IMPORT POTENTIALMadagascar+ $1.31k

Vanilla’s highest export potential is United States. With an export gap of $536.   Vanilla’s highest import potential is Madagascar with an import gap of $1.31k.

See methodology.

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