2023
Exports
$422kWorld Rnk 35 / 122
Flag Rnk 493 / 1073
2023
PRODUCT COMPLEXITY IN Vanilla
-2.02Rnk 1000 / 1025
2023
Imports
$12.4kWorld Rnk 118 / 190
Flag Rnk 1085 / 1170
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $422k in Vanilla, making it the 35th largest exporter of Vanilla in the world. At the same year, Vanilla was the 493rd most exported product in Sri Lanka. The main destination of Vanilla exports from Sri Lanka are: Bulgaria ($181k), France ($55.8k), Germany ($38.5k), Jordan ($36.3k), and United States ($23.8k).

The fastest growing export markets for Vanilla of Sri Lanka between 2022 and 2023 were Bulgaria ($73.4k), Germany ($37.6k), and Jordan ($35.7k).

Imports In 2023, Sri Lanka imported $12.4k in Vanilla, becoming the 118th largest importer of Vanilla in the world. At the same year, Vanilla was the 1085th most imported product in Sri Lanka. Sri Lanka imports Vanilla primarily from: Madagascar ($10.1k), Malaysia ($1.68k), Singapore ($308), United Kingdom ($144), and Kuwait ($58).

The fastest growing import markets in Vanilla for Sri Lanka between 2022 and 2023 were Madagascar ($10.1k), Malaysia ($1.67k), and Singapore ($308).

Latest Trends

Jan 2025

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)$422k
IMPORTS (2023)$12.4k
NET TRADE (2023)$409k

In 2023, Sri Lanka exported $422k in Vanilla. The main destinations of Sri Lanka exports on Vanilla were Bulgaria ($181k), France ($55.8k), Germany ($38.5k), Jordan ($36.3k), and United States ($23.8k).

In 2023, Sri Lanka imported $12.4k in Vanilla, mainly from Madagascar ($10.1k), Malaysia ($1.68k), Singapore ($308), United Kingdom ($144), and Kuwait ($58).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
Bulgaria$73.4k (68.1%)
Germany$37.6k (4.52k%)
Jordan$35.7k (6.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Sri Lanka WERE (2022 - 2023):
India-$32k (-100%)
Austria-$4.73k (-83.8%)
United States-$4.04k (-14.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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