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2023
Flag → Flag
Exports $41.9MRnk 193 / 208
2023
Flag → Flag
Top Product $19.9MPassenger and Cargo Ships
2023
Flag → Flag
Exports $278Rnk 39 / 47
2023
Flag → Flag
Top Product $263Coin
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
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 GDP$62.3MCURRENT US$
Rnk 195 / 195
2013-2023
Flag
GDP GROWTH61.3%CURRENT US$
Rnk 52 / 195
2023
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GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
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GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC$6,345CURRENT US$
Rnk 110 / 196
2013-2023
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GDP PC GROWTH80.8%CURRENT US$
Rnk 16 / 195

About

China-Tuvalu Trade: In 2023, China exported $41.9M to Tuvalu. The main products that China exported to Tuvalu were Passenger and Cargo Ships ($19.9M), Refined Petroleum ($12.2M), and Iron Structures ($3.76M). Over the past 5 years the exports of China to Tuvalu have increased at an annualized rate of 27.5%, from $12.4M in 2018 to $41.9M in 2023.

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

Tuvalu-China Trade: In 2023, Tuvalu exported $278 to China. The main products that Tuvalu exported to China were Coin ($263) and Electrical Transformers ($15). Over the past 5 years the exports of Tuvalu to China have decreased at an annualized rate of 49.5%,  from $8.48k in 2018 to $278 in 2023.

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

Comparison In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16),  and 1 in total exports ($3.42T). That same year, Tuvalu ranked 204 in total exports ($52.3M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, China exported $401k and imported $288 from Tuvalu, resulting in a positive trade balance of $400k. Between December 2023 and December 2024 the exports of China have decreased by $-1.6M (-79.9%) from $2M to $401k, while imports increased by $273 (1.82k%) from $15 to $288.

Trade In December 2024, the top exports of China to Tuvalu were Iron Structures ($1.03M), Refined Petroleum ($841k), Machinery parts, not containing electrical connectors,... ($253k), Rice ($73k), and Centrifuges ($48k). In December 2024 the top imports of China from Tuvalu were Insulated Wire ($89).

Origins In December 2024 the exports of China were mainly from Guangdong Province ($249k), Shandong Province ($49.4k), Sichuan Province ($48.6k), Zhejiang Province ($46.5k), and Jiangsu Province ($6.09k), while imports destinations were mainly Guangdong Province ($288).

Growth In December 2024, the decrease in China's year-by-year exports to Tuvalu was explained primarily by an decrease in product exports in Plastic Building Materials ($-26.1k or -78%), Ceramic Bricks ($-6.72k or -39.2%), and Plastic Housewares ($-4.42k or -36.9%). In December 2024, the increase in China's year-by-year imports  from Tuvalu was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-1.6M(-79.9%)
IMPORT GROWTH (December 2023 - December 2024)$273(1.82k%)
MAIN EXPORTER (December 2024)Guangdong Province$249k

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Tuvalu and China trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $41.9M to Tuvalu. The main products exported from China to Tuvalu were Passenger and Cargo Ships ($19.9M), Refined Petroleum ($12.2M), and Iron Structures ($3.76M). During the last 5 years the exports of China to Tuvalu have increased at an annualized rate of 27.5%, from $12.4M in 2018 to $41.9M in 2023.

In 2018, Tuvalu exported $278 to China. The main products exported from Tuvalu to China were Coin ($263) and Electrical Transformers ($15). During the last 5 years the exports of Tuvalu to China have decreased at an annualized rate of 49.5%, from $8.48k in 2023 to $278 in 2018.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Tuvalu
Top DestinationThailand$45.9M

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

In 2023, countries that imported more from China than Tuvalu included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

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

Comparative Advantage China - Tuvalu

Flow
Scale

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

During 2023, China had a large net trade with Tuvalu in the exports of Transportation ($20.5M), Mineral Products ($12.2M), and Metals ($4.08M).

During 2018, Tuvalu had a large net trade with China in the exports of Precious Metals ($263) and Machines ($15).

Economic Complexity

Competitive Landscape

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

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

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