2023
Flag  
GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
 GDP
$1.13BCURRENT US$
Rnk 184 / 195
2013-2023
Flag
GDP GROWTH
48.5%CURRENT US$
Rnk 77 / 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
$3,515CURRENT US$
Rnk 138 / 196
2013-2023
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 108 / 195

About

Australia-Vanuatu Trade: In 2023, Australia exported $72.1M to Vanuatu. The main products that Australia exported to Vanuatu were Poultry Meat ($9.67M), Petroleum Gas ($4.53M), and Rolled Tobacco ($3.37M). Over the past 5 years the exports of Australia to Vanuatu have increased at an annualized rate of 6.15%, from $53.5M in 2018 to $72.1M in 2023.

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

Vanuatu-Australia Trade: In 2023, Vanuatu exported $6.2M to Australia. The main products that Vanuatu exported to Australia were Gold ($3.11M), Perfume Plants ($1.59M), and Coconut Oil ($347k). Over the past 5 years the exports of Vanuatu to Australia have increased at an annualized rate of 31.6%,  from $1.57M in 2018 to $6.2M in 2023.

In 2023, Vanuatu 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, Vanuatu ranked 187 in total exports ($198M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Australia exported $72.1M to Vanuatu. The main products exported from Australia to Vanuatu were Poultry Meat ($9.67M), Petroleum Gas ($4.53M), and Rolled Tobacco ($3.37M). During the last 5 years the exports of Australia to Vanuatu have increased at an annualized rate of 6.15%, from $53.5M in 2018 to $72.1M in 2023.

In 2018, Vanuatu exported $6.2M to Australia. The main products exported from Vanuatu to Australia were Gold ($3.11M), Perfume Plants ($1.59M), and Coconut Oil ($347k). During the last 5 years the exports of Vanuatu to Australia have increased at an annualized rate of 31.6%, from $1.57M in 2023 to $6.2M in 2018.

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

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

Latest Data

Trade between Australia (Flag) and Vanuatu (Flag)

Australia Exports

Market Competitiveness

Color
Australia
Top Destination
China$137B
Vanuatu
Top Destination
Thailand$96M

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

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

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

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

Comparative Advantage Australia - Vanuatu

Flow
Scale

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

During 2023, Australia had a large net trade with Vanuatu in the exports of Machines ($14.5M), Foodstuffs ($13.5M), and Animal Products ($12.9M).

During 2018, Vanuatu had a large net trade with Australia in the exports of Precious Metals ($3.19M), Vegetable Products ($1.76M), and Metals ($445k).

Economic Complexity

Competitive Landscape

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

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

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