2022
Exports
$596kWorld Rnk 31 / 121
Flag Rnk 662 / 1168
2022
PRODUCT COMPLEXITY IN Vanilla
-1.9Rnk 988 / 1025
2022
Imports
$1.1MWorld Rnk 29 / 198
Flag Rnk 910 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $596k in Vanilla, making it the 31st largest exporter of Vanilla in the world. At the same year, Vanilla was the 662nd most exported product in New Zealand. The main destination of Vanilla exports from New Zealand are: United States ($380k), Australia ($112k), United Kingdom ($42.4k), Spain ($40.6k), and Singapore ($4.45k).

The fastest growing export markets for Vanilla of New Zealand between 2021 and 2022 were United States ($167k), United Kingdom ($20.3k), and United Arab Emirates ($4.29k).

Imports In 2022, New Zealand imported $1.1M in Vanilla, becoming the 29th largest importer of Vanilla in the world. At the same year, Vanilla was the 910th most imported product in New Zealand. New Zealand imports Vanilla primarily from: Uganda ($393k), Madagascar ($183k), Papua New Guinea ($152k), Germany ($123k), and Tonga ($79.1k).

The fastest growing import markets in Vanilla for New Zealand between 2021 and 2022 were Uganda ($224k), Madagascar ($121k), and Germany ($82.2k).

Latest Trends

Aug 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)$596k
IMPORTS (2022)$1.1M
NET TRADE (2022)-$508k

In 2022, New Zealand exported $596k in Vanilla. The main destinations of New Zealand exports on Vanilla were United States ($380k), Australia ($112k), United Kingdom ($42.4k), Spain ($40.6k), and Singapore ($4.45k).

In 2022, New Zealand imported $1.1M in Vanilla, mainly from Uganda ($393k), Madagascar ($183k), Papua New Guinea ($152k), Germany ($123k), and Tonga ($79.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
United States$167k (78.2%)
United Kingdom$20.3k (92%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY New Zealand WERE (2021 - 2022):
Spain-$25.9k (-39%)
Samoa-$25.8k (-100%)
Ireland-$9.51k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Vanilla were:
In 2022, New Zealand'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+ $126k
TOP IMPORT POTENTIALMadagascar+ $113k

Vanilla’s highest export potential is United States. With an export gap of $126k.   Vanilla’s highest import potential is Madagascar with an import gap of $113k.

See methodology.

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