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090500 (Harmonized System 1992 for 6-digit)

2023
World Trade $610MRnk 2647 / 4644
2023
Top Exporter | Top Importer $389M | $217MMadagascar | United States
2023
Product Complexity -2.13Rnk 4565 / 4656
2022 - 2023
Export Growth (CAGR) -37.3%Rnk 4409 / 4644
2023
Share of World Trade 0.0027%Rnk 2647 / 4644

About

Overview This page contains the latest trade data of Vanilla beans. In 2023, Vanilla beans were the world's 2647th most traded product, with a total trade of $610M. Between 2022 and 2023 the exports of Vanilla beans decreased by -37.3%, from $972M to $610M. Trade in Vanilla beans represent 0.0027% of total world trade.

Vanilla beans are a part of Vanilla.

Exports In 2023 the top exporters of Vanilla beans  were Madagascar ($389M), Uganda ($33.1M), France ($29.2M), Canada ($24.1M), and Indonesia ($18.9M).

Imports In 2023 the top importers of Vanilla beans were United States ($217M), France ($130M), Germany ($49.4M), Netherlands ($39.1M), and Canada ($27.7M).

Ranking Vanilla beans ranks 4565th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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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 (2023)Madagascar$389M
Top Destination (2023)United States$217M

In 2023 Vanilla beans were the world's 2647th most traded product (out of 4,644).

In 2023, the top exporters of Vanilla beans were Madagascar ($389M), Uganda ($33.1M), France ($29.2M), Canada ($24.1M), and Indonesia ($18.9M).

In 2023, the top importers of Vanilla beans were United States ($217M), France ($130M), Germany ($49.4M), Netherlands ($39.1M), and Canada ($27.7M).

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Exporters of Vanilla beans (2023)
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Importers of Vanilla beans (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$2.21M
Top Destination Growth (2022 -  2023)Mauritius$3.93M

Between 2022 and 2023, the exports of Vanilla beans grew the fastest in United Kingdom ($2.21M), Singapore ($1.99M), Poland ($777k), Italy ($577k), and South Africa ($340k).

Between 2022 and 2023, the fastest growing importers of Vanilla beans were Mauritius ($3.93M), Singapore ($3.13M), India ($2.71M), Tunisia ($872k), and Czechia ($733k).

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Exporters of Vanilla beans (2022 - 2023)

Importers of Vanilla beans (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.48. 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 (2023)Madagascar$387M
TOP NET IMPORTER (2023)United States$207M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Vanilla beans were Madagascar ($387M), Uganda ($32.4M), Indonesia ($15.4M), Papua New Guinea ($10.4M), and French Polynesia ($5.14M).

In 2023, the countries that had a largest trade value in imports than in exports of Vanilla beans were United States ($207M), France ($101M), Germany ($31.1M), Netherlands ($27.2M), and Mauritius ($12.4M).

Net Trade (2023)

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 (2023)

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