2023
Flag  
GDP
$17.8TCURRENT US$
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2013-2023
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GDP GROWTH
85.9%CURRENT US$
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2023
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 GDP
$1.13BCURRENT US$
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2013-2023
Flag
GDP GROWTH
48.5%CURRENT US$
Rnk 77 / 195
2023
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GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC
$3,515CURRENT US$
Rnk 138 / 196
2013-2023
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GDP PC GROWTH
18%CURRENT US$
Rnk 108 / 195

About

China-Vanuatu Trade: In 2023, China exported $124M to Vanuatu. The main products that China exported to Vanuatu were Refined Petroleum ($15.4M), Rice ($4.4M), and Plastic Housewares ($3.17M). Over the past 5 years the exports of China to Vanuatu have increased at an annualized rate of 14.4%, from $63.4M in 2018 to $124M in 2023.

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

Vanuatu-China Trade: In 2023, Vanuatu exported $13.9M to China. The main products that Vanuatu exported to China were Perfume Plants ($8.49M), Rough Wood ($3.56M), and Molluscs ($1.3M). Over the past 5 years the exports of Vanuatu to China have decreased at an annualized rate of 2.35%,  from $15.7M in 2018 to $13.9M in 2023.

In 2023, Vanuatu 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, 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, China exported $124M to Vanuatu. The main products exported from China to Vanuatu were Refined Petroleum ($15.4M), Rice ($4.4M), and Plastic Housewares ($3.17M). During the last 5 years the exports of China to Vanuatu have increased at an annualized rate of 14.4%, from $63.4M in 2018 to $124M in 2023.

In 2018, Vanuatu exported $13.9M to China. The main products exported from Vanuatu to China were Perfume Plants ($8.49M), Rough Wood ($3.56M), and Molluscs ($1.3M). During the last 5 years the exports of Vanuatu to China have decreased at an annualized rate of 2.35%, from $15.7M in 2023 to $13.9M in 2018.

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

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

Market Competitiveness

Color
China
Top Destination
United States$436B
Vanuatu
Top Destination
Thailand$96M

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

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

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

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

Comparative Advantage China - Vanuatu

Flow
Scale

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

During 2023, China had a large net trade with Vanuatu in the exports of Machines ($24.1M), Metals ($18.3M), and Mineral Products ($15.8M).

During 2018, Vanuatu had a large net trade with China in the exports of Vegetable Products ($8.51M), Wood Products ($4.11M), and Animal Products ($1.3M).

Economic Complexity

Competitive Landscape

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

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

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