2023
Exports
$724kWorld Rnk 29 / 122
Flag Rnk 947 / 1189
2023
PRODUCT COMPLEXITY IN Vanilla
-2.02Rnk 1000 / 1025
2023
Imports
$36.1kWorld Rnk 97 / 190
Flag Rnk 1193 / 1209
2023
ECONOMIC COMPLEXITY of Mexico
1.09Rnk 25 / 132

About

Exports In 2023, Mexico exported $724k in Vanilla, making it the 29th largest exporter of Vanilla in the world. At the same year, Vanilla was the 947th most exported product in Mexico. The main destination of Vanilla exports from Mexico are: United States ($422k), France ($122k), Germany ($67.6k), Canada ($66.8k), and Netherlands ($10.2k).

The fastest growing export markets for Vanilla of Mexico between 2022 and 2023 were Germany ($15.9k), Netherlands ($7.71k), and Canada ($5.48k).

Imports In 2023, Mexico imported $36.1k in Vanilla, becoming the 97th largest importer of Vanilla in the world. At the same year, Vanilla was the 1193rd most imported product in Mexico. Mexico imports Vanilla primarily from: France ($17.9k), United States ($8.87k), Ecuador ($6.5k), and Guatemala ($2.86k).

The fastest growing import markets in Vanilla for Mexico between 2022 and 2023 were France ($17.8k), Ecuador ($6.5k), and Guatemala ($2.86k).

COMPANIES In 2024, leading companies such as Sucafina (2) were at the forefront of shipping Vanilla from Mexico 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)$724k
IMPORTS (2023)$36.1k
NET TRADE (2023)$688k

In 2023, Mexico exported $724k in Vanilla. The main destinations of Mexico exports on Vanilla were United States ($422k), France ($122k), Germany ($67.6k), Canada ($66.8k), and Netherlands ($10.2k).

In 2023, Mexico imported $36.1k in Vanilla, mainly from France ($17.9k), United States ($8.87k), Ecuador ($6.5k), and Guatemala ($2.86k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Mexico WERE (2022 - 2023):
Germany$15.9k (30.7%)
Netherlands$7.71k (314%)
Canada$5.48k (8.93%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Mexico WERE (2022 - 2023):
France-$170k (-58.2%)
United States-$148k (-26%)
Belgium-$12.2k (-97%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mexico's main exporting competitors in Vanilla were:
In 2023, Mexico'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+ $545k
TOP IMPORT POTENTIALUnited States+ $8.63k

Vanilla’s highest export potential is United States. With an export gap of $545k.   Vanilla’s highest import potential is United States with an import gap of $8.63k.

See methodology.

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