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090500 (Harmonized System 1992 for 6-digit)

2022
World Trade $927MRnk 2290 / 4648
2022
Top Exporter | Top Importer $583M | $348MMadagascar | United States
2022
Product Complexity -2.23Rnk 4577 / 4653
2021 - 2022
Export Growth (CAGR) -3.35%Rnk 3402 / 4648
2022
Share of World Trade 0.0039%Rnk 2290 / 4648

About

Overview This page contains the latest trade data of Vanilla beans. In 2022, Vanilla beans were the world's 2290th most traded product, with a total trade of $927M. Between 2021 and 2022 the exports of Vanilla beans decreased by -3.35%, from $959M to $927M. Trade in Vanilla beans represent 0.0039% of total world trade.

Vanilla beans are a part of Vanilla.

Exports In 2022 the top exporters of Vanilla beans  were Madagascar ($583M), France ($60.3M), Uganda ($44.5M), Canada ($44.2M), and Germany ($34.8M).

Imports In 2022 the top importers of Vanilla beans were United States ($348M), France ($203M), Germany ($73.7M), Canada ($73M), and Netherlands ($43.9M).

Ranking Vanilla beans ranks 4577th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Vanilla beans. Countries are shown based on data availability.

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

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* 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 (2022)Madagascar$583M
Top Destination (2022)United States$348M

In 2022 Vanilla beans were the world's 2290th most traded product (out of 4,648).

In 2022, the top exporters of Vanilla beans were Madagascar ($583M), France ($60.3M), Uganda ($44.5M), Canada ($44.2M), and Germany ($34.8M).

In 2022, the top importers of Vanilla beans were United States ($348M), France ($203M), Germany ($73.7M), Canada ($73M), and Netherlands ($43.9M).

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Exporters of Vanilla beans (2022)
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Importers of Vanilla beans (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Uganda$32.4M
Top Destination Growth (2021 -  2022)United States$21M

Between 2021 and 2022, the exports of Vanilla beans grew the fastest in Uganda ($32.4M), Canada ($12.5M), Belgium ($4.67M), Switzerland ($3.17M), and Comoros ($2.13M).

Between 2021 and 2022, the fastest growing importers of Vanilla beans were United States ($21M), Belgium ($6.62M), United Kingdom ($6.46M), Mauritius ($3.1M), and Madagascar ($1.93M).

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Exporters of Vanilla beans (2021 - 2022)

Importers of Vanilla beans (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vanilla beans.

In 2022, market concentration measured using Shannon Entropy, was 2.43. This means that most of the exports of Vanilla beans are explained by 5 countries.

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Value of Exports in Vanilla beans

Net Trade

TOP NET EXPORTER (2022)Madagascar$579M
TOP NET IMPORTER (2022)United States$337M

This map shows which countries export or import more of Vanilla beans. Each country is colored based on the difference in exports and imports of Vanilla beans during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Vanilla beans were Madagascar ($579M), Uganda ($43.6M), Papua New Guinea ($22.4M), Indonesia ($19.5M), and Comoros ($7.72M).

In 2022, the countries that had a largest trade value in imports than in exports of Vanilla beans were United States ($337M), France ($143M), Germany ($38.9M), Canada ($28.7M), and Switzerland ($23M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Vanilla beans.
It is possible to select the main countries that export or import Vanilla beans in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vanilla beans 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 (2022)

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