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2022
Exports $2.88MWorld Rnk 17 / 121
Flag Rnk 1026 / 1216
2022
Destination $582k United States
2021 - 2022
FASTEST GROWING MARKET $582kUnited States
2022
PRODUCT COMPLEXITY IN Vanilla-1.9Rnk 988 / 1025
2022
Imports $14.5MWorld Rnk 7 / 198
Flag Rnk 965 / 1214
2022
Origin $7.97M Madagascar
2021 - 2022
FASTEST GROWING ORIGIN $7.97MMadagascar
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $2.88M in Vanilla, making it the 17th largest exporter of Vanilla in the world. At the same year, Vanilla was the 1026th most exported product in United Kingdom. The main destination of Vanilla exports from United Kingdom are: United States ($753k), Netherlands ($585k), Germany ($428k), France ($313k), and Madagascar ($243k).

The fastest growing export markets for Vanilla of United Kingdom between 2021 and 2022 were United States ($582k), Germany ($270k), and Madagascar ($243k).

Imports In 2022, United Kingdom imported $14.5M in Vanilla, becoming the 7th largest importer of Vanilla in the world. At the same year, Vanilla was the 965th most imported product in United Kingdom. United Kingdom imports Vanilla primarily from: Madagascar ($9.85M), France ($1.31M), Germany ($609k), Australia ($550k), and Uganda ($496k).

The fastest growing import markets in Vanilla for United Kingdom between 2021 and 2022 were Madagascar ($7.97M), Uganda ($401k), and French Polynesia ($52.6k).

COMPANIES In 2023, leading companies such as Amazon (2) were at the forefront of shipping Vanilla from United Kingdom to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United Kingdom's Vanilla exports accounted up to £89.2k and imports accounted up to £1.02M, resulting in a negative trade balance of £934k. Between August 2023 and August 2024 the exports of United Kingdom's   Vanilla have decreased by £-92.7k (-51%) from £182k to £89.2k, while imports increased by £737k (257%) from £287k to £1.02M.

Destinations In August 2024, Vanilla were exported mostly to Netherlands (£58.4k), France (£14.5k), Poland (£9.43k), Australia (£3.63k), and Germany (£2k), and were imported mostly from United States (£773k), France (£116k), Australia (£46.6k), Netherlands (£46.1k), and Uganda (£10.4k).

Growth In August 2024, the decrease in Vanilla's year-by-year exports was explained primarily by a decrease in exports to Spain (£-1.42k or -98.2%). In August 2024, the increase in Vanilla's year-by-year imports was explained primarily by an increase in imports from Madagascar (£1.26M or 321%), France (£55.5k or 61.4%), and Netherlands (£43.9k or 207%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-92.7k(-51%)
IMPORT GROWTH (August 2023 - August 2024)£737k(257%)
MAIN EXPORTER (August 2024)Felixstowe£669k
MAIN DESTINATION (August 2024)Netherlands£58.4k

This section shows Vanilla's exports and imports data at subnational level for United Kingdom. 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)$2.88M
IMPORTS (2022)$14.5M
NET TRADE (2022)-$11.6M

In 2022, United Kingdom exported $2.88M in Vanilla. The main destinations of United Kingdom exports on Vanilla were United States ($753k), Netherlands ($585k), Germany ($428k), France ($313k), and Madagascar ($243k).

In 2022, United Kingdom imported $14.5M in Vanilla, mainly from Madagascar ($9.85M), France ($1.31M), Germany ($609k), Australia ($550k), and Uganda ($496k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$582k (341%)
Germany$270k (171%)
Madagascar$243k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY United Kingdom WERE (2021 - 2022):
Netherlands-$284k (-32.6%)
Australia-$44.5k (-65.4%)
Kuwait-$39.6k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Vanilla were:
Madagascar $583M
France $60.3M
Uganda $44.5M
In 2022, United Kingdom'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+ $418k
TOP IMPORT POTENTIALFrance+ $495k

Vanilla’s highest export potential is United States. With an export gap of $418k.   Vanilla’s highest import potential is France with an import gap of $495k.

See methodology.

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