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2023
Flag → Flag
Exports $10.7MRnk 128 / 211
2023
Flag → Flag
Top Product $1.59MRaw Sugar
2023
Flag → Flag
Exports $331kRnk 6 / 47
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag  
GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
 GDP$62.3MCURRENT US$
Rnk 195 / 195
2013-2023
Flag
GDP GROWTH61.3%CURRENT US$
Rnk 52 / 195
2023
Flag
GDP PC $64,821CURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC$6,345CURRENT US$
Rnk 110 / 196
2013-2023
Flag
GDP PC GROWTH80.8%CURRENT US$
Rnk 16 / 195

About

Australia-Tuvalu Trade: In 2023, Australia exported $10.7M to Tuvalu. The main products that Australia exported to Tuvalu were Raw Sugar ($1.59M), Tug Boats ($1.39M), and Recreational Boats ($1.03M). Over the past 5 years the exports of Australia to Tuvalu have increased at an annualized rate of 54.9%, from $1.2M in 2018 to $10.7M in 2023.

In 2023, Australia did not export any services to Tuvalu.

Tuvalu-Australia Trade: In 2023, Tuvalu exported $331k to Australia. The main products that Tuvalu exported to Australia were N/A. Over the past 5 years the exports of Tuvalu to Australia have increased at an annualized rate of 30.9%,  from $86.1k in 2018 to $331k in 2023.

In 2023, Tuvalu did not export any services to Australia.

Comparison In 2023,  Australia ranked 75 in the Economic Complexity Index (ECI -0.28),  and 20 in total exports ($374B). That same year, Tuvalu ranked 204 in total exports ($52.3M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Australia exported $10.7M to Tuvalu. The main products exported from Australia to Tuvalu were Raw Sugar ($1.59M), Tug Boats ($1.39M), and Recreational Boats ($1.03M). During the last 5 years the exports of Australia to Tuvalu have increased at an annualized rate of 54.9%, from $1.2M in 2018 to $10.7M in 2023.

In 2018, Tuvalu exported $331k to Australia. There were not main exports from Tuvalu to Australia in 2018. During the last 5 years the exports of Tuvalu to Australia have increased at an annualized rate of 30.9%, from $86.1k in 2023 to $331k in 2018.

Exports from Australia (Flag) to Tuvalu (Flag) (2023)

Exports from Tuvalu (Flag) to Australia (Flag) (2023)

Latest Data

Trade between Australia (Flag) and Tuvalu (Flag)

Australia Exports

Market Competitiveness

Color
Australia
Top DestinationChina$137B
Tuvalu
Top DestinationThailand$45.9M

This map shows whether countries import more from Australia or Tuvalu. Each country is colored based on the difference in imports they receive from Australia and Tuvalu or the difference in the growth in imports.

In 2023, countries that imported more from Australia than Tuvalu included China ($137B), Japan ($59B), and South Korea ($20.9B).

In 2023, no countries were registered that imported more from Tuvalu than from Australia.

Difference in imports from Tuvalu (Flag) and Australia (Flag) (2023)

Comparative Advantage Australia - Tuvalu

Flow
Scale

This chart compares trade between Australia and Tuvalu by product, considering products traded by both, Australia and Tuvalu.

During 2023, Australia had a large net trade with Tuvalu in the exports of Transportation ($3.53M), Machines ($2.74M), and Foodstuffs ($1.71M).

During 2018, Tuvalu had a large net trade with Australia in the exports of Chemical Products ($139k), Stone And Glass ($62.3k), and Machines ($60.7k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Australia and Tuvalu. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Tuvalu. Similarly, a dot/product with the flag of Tuvalu indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and Tuvalu (Flag) (2023)

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