2022
Exports
$217kWorld Rnk 45 / 121
Flag Rnk 559 / 1074
2022
PRODUCT COMPLEXITY IN Vanilla
-1.9Rnk 988 / 1025
2022
Imports
$296World Rnk 174 / 198
Flag Rnk 1151 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $217k in Vanilla, making it the 45th largest exporter of Vanilla in the world. At the same year, Vanilla was the 559th most exported product in Sri Lanka. The main destination of Vanilla exports from Sri Lanka are: Bulgaria ($74.4k), India ($32k), France ($31.7k), United States ($29.1k), and Belgium ($13.4k).

The fastest growing export markets for Vanilla of Sri Lanka between 2021 and 2022 were Bulgaria ($44.8k), France ($23.8k), and India ($13.3k).

Imports In 2022, Sri Lanka imported $296 in Vanilla, becoming the 174th largest importer of Vanilla in the world. At the same year, Vanilla was the 1151st most imported product in Sri Lanka. Sri Lanka imports Vanilla primarily from: United Kingdom ($180), France ($105), Malaysia ($9), and Australia ($2).

The fastest growing import markets in Vanilla for Sri Lanka between 2021 and 2022 were United Kingdom ($180) and Malaysia ($9).

COMPANIES In 2023, leading companies such as Givaudan Fragrances (2) and Walmart (1) were at the forefront of shipping Vanilla from Sri Lanka to the United States.

Latest Trends

Oct 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)$217k
IMPORTS (2022)$296
NET TRADE (2022)$217k

In 2022, Sri Lanka exported $217k in Vanilla. The main destinations of Sri Lanka exports on Vanilla were Bulgaria ($74.4k), India ($32k), France ($31.7k), United States ($29.1k), and Belgium ($13.4k).

In 2022, Sri Lanka imported $296 in Vanilla, mainly from United Kingdom ($180), France ($105), Malaysia ($9), and Australia ($2).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Bulgaria$44.8k (151%)
France$23.8k (302%)
India$13.3k (70.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Sri Lanka WERE (2021 - 2022):
Italy-$19.2k (-85.7%)
Germany-$6.21k (-88.2%)
Poland-$5.45k (-50.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Vanilla were:
In 2022, Sri Lanka'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+ $44.7k
TOP IMPORT POTENTIALMadagascar+ $503

Vanilla’s highest export potential is United States. With an export gap of $44.7k.   Vanilla’s highest import potential is Madagascar with an import gap of $503.

See methodology.

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