2023
Flag  
GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
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GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 195
2023
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 GDP
$62.3MCURRENT US$
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2013-2023
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GDP GROWTH
61.3%CURRENT US$
Rnk 52 / 195
2023
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GDP PC 
$48,281CURRENT US$
Rnk 28 / 195
2013-2023
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GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC
$6,345CURRENT US$
Rnk 110 / 196
2013-2023
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GDP PC GROWTH
80.8%CURRENT US$
Rnk 16 / 195

About

New Zealand-Tuvalu Trade: In 2023, New Zealand exported $3.82M to Tuvalu. The main products that New Zealand exported to Tuvalu were Wood Carpentry ($487k), Refined Petroleum ($283k), and Prefabricated Buildings ($260k). Over the past 5 years the exports of New Zealand to Tuvalu have increased at an annualized rate of 10.8%, from $2.29M in 2018 to $3.82M in 2023.

In 2023, New Zealand did not export any services to Tuvalu.

Tuvalu-New Zealand Trade: In 2023, Tuvalu exported $1.68k to New Zealand. The main products that Tuvalu exported to New Zealand were Sauces and Seasonings ($1.63k), Electrical Lighting and Signalling Equipment ($36), and Iron Fasteners ($7). Over the past 5 years the exports of Tuvalu to New Zealand have decreased at an annualized rate of 15.5%,  from $3.89k in 2018 to $1.68k in 2023.

In 2023, Tuvalu did not export any services to New Zealand.

Comparison In 2023,  New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48),  and 61 in total exports ($44.5B). That same year, Tuvalu ranked 204 in total exports ($52.3M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, New Zealand exported $3.82M to Tuvalu. The main products exported from New Zealand to Tuvalu were Wood Carpentry ($487k), Refined Petroleum ($283k), and Prefabricated Buildings ($260k). During the last 5 years the exports of New Zealand to Tuvalu have increased at an annualized rate of 10.8%, from $2.29M in 2018 to $3.82M in 2023.

In 2018, Tuvalu exported $1.68k to New Zealand. The main products exported from Tuvalu to New Zealand were Sauces and Seasonings ($1.63k), Electrical Lighting and Signalling Equipment ($36), and Iron Fasteners ($7). During the last 5 years the exports of Tuvalu to New Zealand have decreased at an annualized rate of 15.5%, from $3.89k in 2023 to $1.68k in 2018.

Exports from New Zealand (Flag) to Tuvalu (Flag) (2023)

Exports from Tuvalu (Flag) to New Zealand (Flag) (2023)

Latest Data

Trade between New Zealand (Flag) and Tuvalu (Flag)

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$12.3B
Tuvalu
Top Destination
Thailand$45.9M

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

In 2023, countries that imported more from New Zealand than Tuvalu included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

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

Difference in imports from Tuvalu (Flag) and New Zealand (Flag) (2023)

Comparative Advantage New Zealand - Tuvalu

Flow
Scale

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

During 2023, New Zealand had a large net trade with Tuvalu in the exports of Machines ($638k), Wood Products ($637k), and Miscellaneous ($489k).

During 2018, Tuvalu had a large net trade with New Zealand in the exports of Foodstuffs ($1.63k), Machines ($36), and Metals ($7).

Economic Complexity

Competitive Landscape

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

Product Space of New Zealand (Flag) and Tuvalu (Flag) (2023)

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