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090510 (Harmonized System 2012 for 6-digit)

2023
World Trade $564MRnk 2895 / 5198
2023
Top Exporter | Top Importer $360M | $211MMadagascar | United States
2023
Product Complexity -2.17Rnk 5094 / 5199
2022 - 2023
Export Growth (CAGR) -37.9%Rnk 4978 / 5198
2023
Share of World Trade 0.0025%Rnk 2895 / 5198

About

Overview This page contains the latest trade data of Spices: vanilla, neither crushed nor ground. In 2023, Spices: vanilla, neither crushed nor ground were the world's 2895th most traded product, with a total trade of $564M. Between 2022 and 2023 the exports of Spices: vanilla, neither crushed nor ground decreased by -37.9%, from $908M to $564M. Trade in Spices: vanilla, neither crushed nor ground represent 0.0025% of total world trade.

Spices: vanilla, neither crushed nor ground are a part of Vanilla.

Exports In 2023 the top exporters of Spices: vanilla, neither crushed nor ground  were Madagascar ($360M), Uganda ($36.6M), France ($25M), Canada ($23.2M), and Indonesia ($17M).

Imports In 2023 the top importers of Spices: vanilla, neither crushed nor ground were United States ($211M), France ($120M), Germany ($40.6M), Netherlands ($37.5M), and Canada ($24M).

Ranking Spices: vanilla, neither crushed nor ground ranks 5094th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Spices: vanilla, neither crushed nor ground. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Madagascar$360M
Top Destination (2023)United States$211M

In 2023 Spices: vanilla, neither crushed nor ground were the world's 2895th most traded product (out of 5,198).

In 2023, the top exporters of Spices: vanilla, neither crushed nor ground were Madagascar ($360M), Uganda ($36.6M), France ($25M), Canada ($23.2M), and Indonesia ($17M).

In 2023, the top importers of Spices: vanilla, neither crushed nor ground were United States ($211M), France ($120M), Germany ($40.6M), Netherlands ($37.5M), and Canada ($24M).

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Exporters of Spices: vanilla, neither crushed nor ground (2023)
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Importers of Spices: vanilla, neither crushed nor ground (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$3.38M
Top Destination Growth (2022 -  2023)Tanzania$4.39M

Between 2022 and 2023, the exports of Spices: vanilla, neither crushed nor ground grew the fastest in United Kingdom ($3.38M), Netherlands ($3.28M), Singapore ($1.94M), Poland ($1.05M), and Israel ($202k).

Between 2022 and 2023, the fastest growing importers of Spices: vanilla, neither crushed nor ground were Tanzania ($4.39M), Mauritius ($3.02M), Singapore ($2.71M), India ($1.32M), and Tunisia ($879k).

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Exporters of Spices: vanilla, neither crushed nor ground (2022 - 2023)

Importers of Spices: vanilla, neither crushed nor ground (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Spices: vanilla, neither crushed nor ground.

In 2023, market concentration measured using Shannon Entropy, was 2.4. This means that most of the exports of Spices: vanilla, neither crushed nor ground are explained by 5 countries.

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Value of Exports in Spices: vanilla, neither crushed nor ground

Net Trade

TOP NET EXPORTER (2023)Madagascar$358M
TOP NET IMPORTER (2023)United States$207M

This map shows which countries export or import more of Spices: vanilla, neither crushed nor ground. Each country is colored based on the difference in exports and imports of Spices: vanilla, neither crushed nor ground during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Spices: vanilla, neither crushed nor ground were Madagascar ($358M), Uganda ($35.9M), Indonesia ($13.1M), Papua New Guinea ($10.1M), and French Polynesia ($5.02M).

In 2023, the countries that had a largest trade value in imports than in exports of Spices: vanilla, neither crushed nor ground were United States ($207M), France ($94.7M), Germany ($27.3M), Netherlands ($21.1M), and Japan ($13.3M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Spices: vanilla, neither crushed nor ground.
It is possible to select the main countries that export or import Spices: vanilla, neither crushed nor ground in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Spices: vanilla, neither crushed nor ground by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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