2023
Exports
$204kWorld Rnk 42 / 122
Flag Rnk 1088 / 1212
2023
PRODUCT COMPLEXITY IN Vanilla
-2.02Rnk 1000 / 1025
2023
Imports
$93.7kWorld Rnk 75 / 190
Flag Rnk 1171 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $204k in Vanilla, making it the 42nd largest exporter of Vanilla in the world. At the same year, Vanilla was the 1088th most exported product in Thailand. The main destination of Vanilla exports from Thailand are: Australia ($69.5k), United States ($26.3k), New Zealand ($24.8k), South Africa ($12.8k), and Egypt ($12.2k).

The fastest growing export markets for Vanilla of Thailand between 2022 and 2023 were Egypt ($10.6k), Netherlands ($8.71k), and Hong Kong ($5.99k).

Imports In 2023, Thailand imported $93.7k in Vanilla, becoming the 75th largest importer of Vanilla in the world. At the same year, Vanilla was the 1171st most imported product in Thailand. Thailand imports Vanilla primarily from: Indonesia ($43.2k), France ($24.3k), Madagascar ($16.5k), Papua New Guinea ($4.5k), and United States ($2.56k).

The fastest growing import markets in Vanilla for Thailand between 2022 and 2023 were France ($14.7k), Indonesia ($10.3k), and United States ($2.04k).

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)$204k
IMPORTS (2023)$93.7k
NET TRADE (2023)$110k

In 2023, Thailand exported $204k in Vanilla. The main destinations of Thailand exports on Vanilla were Australia ($69.5k), United States ($26.3k), New Zealand ($24.8k), South Africa ($12.8k), and Egypt ($12.2k).

In 2023, Thailand imported $93.7k in Vanilla, mainly from Indonesia ($43.2k), France ($24.3k), Madagascar ($16.5k), Papua New Guinea ($4.5k), and United States ($2.56k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Egypt$10.6k (655%)
Netherlands$8.71k (1%)
Hong Kong$5.99k (14.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Thailand WERE (2022 - 2023):
Canada-$127k (-96%)
South Korea-$31.4k (-79.5%)
Burma-$22.7k (-83%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Vanilla were:
In 2023, Thailand'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+ $188k
TOP IMPORT POTENTIALMadagascar+ $40.8k

Vanilla’s highest export potential is United States. With an export gap of $188k.   Vanilla’s highest import potential is Madagascar with an import gap of $40.8k.

See methodology.

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