2022
Flag  
GDP
$1.68TCURRENT US$
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2012-2022
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GDP GROWTH
8.3%CURRENT US$
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2022
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 GDP
$60.3MCURRENT US$
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2012-2022
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GDP GROWTH
53.4%CURRENT US$
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2022
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GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
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GDP PC
$5,335CURRENT US$
Rnk 109 / 186
2012-2022
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GDP PC GROWTH
47.2%CURRENT US$
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About

Australia-Tuvalu Trade: In 2022, Australia exported $1.91M to Tuvalu. The main products that Australia exported to Tuvalu were Non-woven Textiles ($637k), Large Construction Vehicles ($441k), and Excavation Machinery ($435k). Over the past 5 years the exports of Australia to Tuvalu have decreased at an annualized rate of 4.46%, from $2.4M in 2017 to $1.91M in 2022.

In 2022, Australia did not export any services to Tuvalu.

Tuvalu-Australia Trade: In 2022, Tuvalu exported $135k to Australia. The main products that Tuvalu exported to Australia were Copper Bars ($121k), Vegetable Saps ($65.5k), and Nitric Acids ($22.4k). Over the past 5 years the exports of Tuvalu to Australia have increased at an annualized rate of 66.6%,  from $10.5k in 2017 to $135k in 2022.

In 2022, Tuvalu did not export any services to Australia.

Comparison In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24),  and 16 in total exports ($424B). That same year, Tuvalu ranked 198 in total exports ($72.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $1.91M to Tuvalu. The main products exported from Australia to Tuvalu were Non-woven Textiles ($637k), Large Construction Vehicles ($441k), and Excavation Machinery ($435k). During the last 5 years the exports of Australia to Tuvalu have decreased at an annualized rate of 4.46%, from $2.4M in 2017 to $1.91M in 2022.

In 2017, Tuvalu exported $135k to Australia. The main products exported from Tuvalu to Australia were Copper Bars ($121k), Vegetable Saps ($65.5k), and Nitric Acids ($22.4k). During the last 22 years the exports of Tuvalu to Australia have increased at an annualized rate of 66.6%, from $10.5k in 1995 to $135k in 2017.

Exports from Australia (Flag) to Tuvalu (Flag) (2022)

Exports from Tuvalu (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and Tuvalu (Flag)

Australia Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Tuvalu
Top Destination
Thailand$50M

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 2022, countries that imported more from Australia than Tuvalu included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Tuvalu than Australia included Croatia ($15.1M).

Difference in imports from Tuvalu (Flag) and Australia (Flag) (2022)

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 2022, Australia had a large net trade with Tuvalu in the exports of Machines ($1.45M), Textiles ($723k), and Foodstuffs ($597k).

During 2017, Tuvalu had a large net trade with Australia in the exports of Metals ($127k), Vegetable Products ($65.5k), and Chemical Products ($22.4k).

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) (2022)

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