2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP
$984MCURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 95 / 186
2022
Flag
GDP PC 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$3,010CURRENT US$
Rnk 134 / 186
2012-2022
Flag
GDP PC GROWTH
3.58%CURRENT US$
Rnk 133 / 186

About

Norway-Vanuatu Trade: In 2021, Norway exported $267 to Vanuatu. The main products that Norway exported to Vanuatu were N/A. Over the past 5 years the exports of Norway to Vanuatu have decreased at an annualized rate of 44.8%, from $5.19k in 2016 to $267 in 2021.

In 2021, Norway did not export any services to Vanuatu.

Vanuatu-Norway In N/A, Vanuatu did not export any products to Norway.

In 2021, Vanuatu did not export any services to Norway.

Comparison In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54),  and 28 in total exports ($285B). That same year, Vanuatu ranked 186 in total exports ($205M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Norway exported $267 to Vanuatu. There were not main exports from Norway to Vanuatu in 2021. During the last 5 years the exports of Norway to Vanuatu have decreased at an annualized rate of 44.8%, from $5.19k in 2016 to $267 in 2021.

Vanuatu does not register exports to Norway.

Exports from Norway (Flag) to Vanuatu (Flag) (2021)

Exports from Vanuatu (Flag) to Norway (Flag) (2021)

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Vanuatu
Top Destination
Thailand$86.1M

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

In 2022, countries that imported more from Norway than Vanuatu included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2022, countries that imported more from Vanuatu than Norway included Fiji ($6.36M).

Difference in imports from Vanuatu (Flag) and Norway (Flag) (2022)

Comparative Advantage Norway - Vanuatu

Flow
Scale

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

During 2021, Norway had a large net trade with Vanuatu in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Norway (Flag) and Vanuatu (Flag) (2021)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with