2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 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 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$3,515CURRENT US$
Rnk 138 / 196
2013-2023
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 108 / 195

About

United Kingdom-Vanuatu Trade: In 2023, United Kingdom exported $825k to Vanuatu. The main products that United Kingdom exported to Vanuatu were Valves ($229k), Blank Audio Media ($151k), and Packaged Medicaments ($105k). Over the past 5 years the exports of United Kingdom to Vanuatu have decreased at an annualized rate of 15.4%, from $1.91M in 2018 to $825k in 2023.

In 2023, United Kingdom did not export any services to Vanuatu.

Vanuatu-United Kingdom Trade: In 2023, Vanuatu exported $4.69k to United Kingdom. The main products that Vanuatu exported to United Kingdom were Valves ($4.69k). Over the past 5 years the exports of Vanuatu to United Kingdom have decreased at an annualized rate of 64.6%,  from $848k in 2018 to $4.69k in 2023.

In 2023, Vanuatu did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). 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, United Kingdom exported $825k to Vanuatu. The main products exported from United Kingdom to Vanuatu were Valves ($229k), Blank Audio Media ($151k), and Packaged Medicaments ($105k). During the last 5 years the exports of United Kingdom to Vanuatu have decreased at an annualized rate of 15.4%, from $1.91M in 2018 to $825k in 2023.

In 2018, Vanuatu exported $4.69k to United Kingdom. The main products exported from Vanuatu to United Kingdom were Valves ($4.69k). During the last 5 years the exports of Vanuatu to United Kingdom have decreased at an annualized rate of 64.6%, from $848k in 2023 to $4.69k in 2018.

Exports from United Kingdom (Flag) to Vanuatu (Flag) (2023)

Exports from Vanuatu (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Vanuatu
Top Destination
Thailand$96M

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

In 2023, countries that imported more from United Kingdom than Vanuatu included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

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

Difference in imports from Vanuatu (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Vanuatu

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Vanuatu in the exports of Machines ($564k), Chemical Products ($137k), and Plastics and Rubbers ($58.9k).

During 2018, Vanuatu had a large net trade with United Kingdom in the exports of Machines ($4.69k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Vanuatu (Flag) (2023)

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