2023
Exports
$21.1kWorld Rnk 72 / 122
Flag Rnk 948 / 1123
2023
PRODUCT COMPLEXITY IN Vanilla
-2.02Rnk 1000 / 1025
2023
Imports
$103kWorld Rnk 71 / 190
Flag Rnk 1122 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $21.1k in Vanilla, making it the 72nd largest exporter of Vanilla in the world. At the same year, Vanilla was the 948th most exported product in Philippines. The main destination of Vanilla exports from Philippines are: United States ($20.9k), Austria ($170), and France ($56).

The fastest growing export markets for Vanilla of Philippines between 2022 and 2023 were United States ($20.9k), Austria ($170), and France ($56).

Imports In 2023, Philippines imported $103k in Vanilla, becoming the 71st largest importer of Vanilla in the world. At the same year, Vanilla was the 1122nd most imported product in Philippines. Philippines imports Vanilla primarily from: United States ($39k), France ($26.6k), Madagascar ($16.4k), Singapore ($12.7k), and Chinese Taipei ($5.19k).

The fastest growing import markets in Vanilla for Philippines between 2022 and 2023 were Madagascar ($16.1k), United States ($13.2k), and Singapore ($12.7k).

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)$21.1k
IMPORTS (2023)$103k
NET TRADE (2023)-$81.8k

In 2023, Philippines exported $21.1k in Vanilla. The main destinations of Philippines exports on Vanilla were United States ($20.9k), Austria ($170), and France ($56).

In 2023, Philippines imported $103k in Vanilla, mainly from United States ($39k), France ($26.6k), Madagascar ($16.4k), Singapore ($12.7k), and Chinese Taipei ($5.19k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
United States$20.9k (1%)
Austria$170 (1%)
France$56 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Philippines WERE (2022 - 2023):Macau-$29.7k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Philippines's main exporting competitors in Vanilla were:
In 2023, Philippines'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+ $442
TOP IMPORT POTENTIALFrance+ $8.33k

Vanilla’s highest export potential is United States. With an export gap of $442.   Vanilla’s highest import potential is France with an import gap of $8.33k.

See methodology.

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