2022
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GDP
$247BCURRENT US$
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2012-2022
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GDP GROWTH
40.3%CURRENT US$
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 GDP
$60.3MCURRENT US$
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GDP GROWTH
53.4%CURRENT US$
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GDP PC 
$48,249CURRENT US$
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GDP PC GROWTH
20.7%CURRENT US$
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$5,335CURRENT US$
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47.2%CURRENT US$
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About

New Zealand-Tuvalu Trade: In 2022, New Zealand exported $4.62M to Tuvalu. The main products that New Zealand exported to Tuvalu were Prefabricated Buildings ($767k), Poultry Meat ($512k), and Refined Petroleum ($282k). Over the past 5 years the exports of New Zealand to Tuvalu have increased at an annualized rate of 9.47%, from $2.94M in 2017 to $4.62M in 2022.

In 2022, New Zealand did not export any services to Tuvalu.

Tuvalu-New Zealand Trade: In 2022, Tuvalu exported $3.12k to New Zealand. The main products that Tuvalu exported to New Zealand were Sauces and Seasonings ($823), Flavored Water ($715), and Baked Goods ($564). Over the past 5 years the exports of Tuvalu to New Zealand have decreased at an annualized rate of 7.62%,  from $5.88k in 2017 to $3.12k in 2022.

In 2022, Tuvalu did not export any services to New Zealand.

Comparison In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46),  and 64 in total exports ($46.5B). That same year, Tuvalu ranked 198 in total exports ($72.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Zealand exported $4.62M to Tuvalu. The main products exported from New Zealand to Tuvalu were Prefabricated Buildings ($767k), Poultry Meat ($512k), and Refined Petroleum ($282k). During the last 5 years the exports of New Zealand to Tuvalu have increased at an annualized rate of 9.47%, from $2.94M in 2017 to $4.62M in 2022.

In 2017, Tuvalu exported $3.12k to New Zealand. The main products exported from Tuvalu to New Zealand were Sauces and Seasonings ($823), Flavored Water ($715), and Baked Goods ($564). During the last 5 years the exports of Tuvalu to New Zealand have decreased at an annualized rate of 7.62%, from $5.88k in 2022 to $3.12k in 2017.

Exports from New Zealand (Flag) to Tuvalu (Flag) (2022)

Exports from Tuvalu (Flag) to New Zealand (Flag) (2022)

Latest Data

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

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$13.1B
Tuvalu
Top Destination
Thailand$50M

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 2022, countries that imported more from New Zealand than Tuvalu included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

In 2022, countries that imported more from Tuvalu than New Zealand included Croatia ($15.1M).

Difference in imports from Tuvalu (Flag) and New Zealand (Flag) (2022)

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 2022, New Zealand had a large net trade with Tuvalu in the exports of Miscellaneous ($850k), Animal Products ($779k), and Transportation ($710k).

During 2017, Tuvalu had a large net trade with New Zealand in the exports of Foodstuffs ($2.1k), Animal Products ($451), and Plastics and Rubbers ($191).

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) (2022)

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