Japan (JPN) and Tuvalu (TUV) Trade | The Observatory of Economic Complexity

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Pricing

Japan (JPN) and Tuvalu (TUV) Trade

2022

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Exports $26.1MRnk 151 / 211

2022

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Top Product $14.6MPassenger and Cargo Ships

2022

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Exports $557kRnk 5 / 56

2022

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About

Japan-Tuvalu In 2022, Japan exported $26.1M to Tuvalu. The main products that Japan exported to Tuvalu are Passenger and Cargo Ships ($14.6M), Fishing Ships ($7.92M), and Tug Boats ($1.75M). During the last 27 years the exports of Japan to Tuvalu have increased at an annualized rate of 20.3%, from $179k in 1995 to $26.1M in 2022.

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

Tuvalu-Japan In 2022, Tuvalu exported $557k to Japan. The main products that Tuvalu exported to Japan were Non-fillet Frozen Fish ($505k), Fish Fillets ($50.1k), and Coin ($2.08k). During the last 27 years the exports of Tuvalu to Japan have increased at an annualized rate of 20.7%, from $3.43k in 1995 to $557k in 2022.

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

Comparison In 2022, Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B). That same year, Tuvalu ranked 198 in total exports ($72.1M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Japan exported ¥2.03M and imported ¥132M from Tuvalu, resulting in a negative trade balance of ¥130M. Between January 2023 and January 2024 the exports of Japan have decreased by ¥-280k (-12.1%) from ¥2.31M to ¥2.03M, while imports increased by ¥121M (1.17k%) from ¥10.3M to ¥132M.

Trade In January 2024, the top exports of Japan to Tuvalu were Air Pumps (¥869k), Delivery Trucks (¥603k), Liquid Pumps (¥433k), and Cars (¥402k). In January 2024 the top imports of Japan from Tuvalu were Non-fillet Frozen Fish (¥47.7M) and Fish Fillets (¥30.5M).

Origins In January 2024 the exports of Japan were mainly from Chiba (¥2.03M), while imports destinations were mainly N/A.

Growth In January 2024, the decrease in Japan's year-by-year exports to Tuvalu was explained primarily by an decrease in product exports in Cars (¥-316k or -44%) and Liquid Pumps (¥-28k or -6.07%). In December 2023, the increase in Japan's year-by-year imports from Tuvalu was explained primarily by an increase in product imports in Non-fillet Frozen Fish (¥45.2M or 1.81k%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)¥-280k(-12.1%)

IMPORT GROWTH (December 2022 - December 2023)¥121M(1.17k%)

MAIN EXPORTER (January 2024)Chiba¥2.03M

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Japan exported $26.1M to Tuvalu. The main products exported from Japan to Tuvalu were Passenger and Cargo Ships ($14.6M), Fishing Ships ($7.92M), and Tug Boats ($1.75M). During the last 27 years the exports of Japan to Tuvalu have increased at an annualized rate of 20.3%, from $179k in 1995 to $26.1M in 2022.

In 2022, Tuvalu exported $557k to Japan. The main products exported from Tuvalu to Japan were Non-fillet Frozen Fish ($505k), Fish Fillets ($50.1k), and Coin ($2.08k). During the last 27 years the exports of Tuvalu to Japan have increased at an annualized rate of 20.7%, from $3.43k in 1995 to $557k in 2022.

Exports from Japan () to Tuvalu () (2022)

Exports from Tuvalu () to Japan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Japan
Top DestinationUnited States$137B

Tuvalu
Top DestinationThailand$50M

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

In 2021, countries that imported more from Japan than Tuvalu were United States ($137B), China ($135B), and South Korea ($50.8B).

In 2019, no countries were registered that imported more from Tuvalu than from Japan.

Difference in imports from Tuvalu () and Japan () (2022)

Comparative Advantage Japan - Tuvalu

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Japan had a large net trade with Tuvalu in the exports of Transportation ($25.8M), Machines ($232k), and Instruments ($46.1k).

During 2022, Tuvalu had a large net trade with Japan in the exports of Animal Products ($555k) and Precious Metals ($2.08k).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Japan has comparative advantage over Tuvalu. Similarly, the more yellow a dot/product is, the more Tuvalu has comparative advantage over Japan.

Product Space of Japan () and Tuvalu () (2022)

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