2022
Exports
$127kWorld Rnk 47 / 121
Flag Rnk 515 / 1017
2022
PRODUCT COMPLEXITY IN Vanilla
-1.9Rnk 988 / 1025
2022
Imports
$5.83kWorld Rnk 131 / 198
Flag Rnk 1134 / 1175
2022
ECONOMIC COMPLEXITY of Ecuador
-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $127k in Vanilla, making it the 47th largest exporter of Vanilla in the world. At the same year, Vanilla was the 515th most exported product in Ecuador. The main destination of Vanilla exports from Ecuador are: United States ($89.1k), France ($21.7k), Canada ($5.64k), Brazil ($4.35k), and Argentina ($3.12k).

The fastest growing export markets for Vanilla of Ecuador between 2021 and 2022 were United States ($70.6k), France ($19k), and Brazil ($3.5k).

Imports In 2022, Ecuador imported $5.83k in Vanilla, becoming the 131st largest importer of Vanilla in the world. At the same year, Vanilla was the 1134th most imported product in Ecuador. Ecuador imports Vanilla primarily from: United States ($5.83k).

The fastest growing import markets in Vanilla for Ecuador between 2021 and 2022 were United States ($5.83k).

Latest Trends

Jul 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 (2022)$127k
IMPORTS (2022)$5.83k
NET TRADE (2022)$121k

In 2022, Ecuador exported $127k in Vanilla. The main destinations of Ecuador exports on Vanilla were United States ($89.1k), France ($21.7k), Canada ($5.64k), Brazil ($4.35k), and Argentina ($3.12k).

In 2022, Ecuador imported $5.83k in Vanilla, mainly from United States ($5.83k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vanilla EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$70.6k (382%)
France$19k (718%)
Brazil$3.5k (412%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Ecuador WERE (2021 - 2022):
Canada-$7.11k (-55.8%)
Spain-$5.01k (-100%)
Netherlands-$972 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ecuador's main exporting competitors in Vanilla were:
In 2022, Ecuador'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+ $80.3k
TOP IMPORT POTENTIALMadagascar+ $975

Vanilla’s highest export potential is United States. With an export gap of $80.3k.   Vanilla’s highest import potential is Madagascar with an import gap of $975.

See methodology.

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