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2022
Flag → Flag
Exports $226kRnk 6 / 56
2022
Flag → Flag
Top Product $121kCopper Bars
2022
Flag → Flag
Exports $4.55MRnk 149 / 213
2022
Flag → Flag
Top Product $637kNon-woven Textiles
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
Flag  
GDP$60.3MCURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP GROWTH53.4%CURRENT US$
Rnk 54 / 186
2022
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 GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH8.3%CURRENT US$
Rnk 148 / 186
2022
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GDP PC $5,335CURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP PC GROWTH47.2%CURRENT US$
Rnk 40 / 186
2022
Flag
GDP PC$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186

About

Tuvalu-Australia Trade: In 2022, Tuvalu exported $226k to Australia. The main products that Tuvalu exported to Australia were Copper Bars ($121k), Vegetable Saps ($65.5k), and Nitric Acids ($22.4k). Over the past 5 years the exports of Tuvalu to Australia have increased at an annualized rate of 10.9%, from $135k in 2017 to $226k in 2022.

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

Australia-Tuvalu Trade: In 2022, Australia exported $4.55M to Tuvalu. The main products that Australia exported to Tuvalu were Non-woven Textiles ($637k), Large Construction Vehicles ($441k), and Excavation Machinery ($435k). Over the past 5 years the exports of Australia to Tuvalu have increased at an annualized rate of 19%,  from $1.91M in 2017 to $4.55M in 2022.

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

Comparison In 2022,  Tuvalu ranked 198 in total exports ($72.1M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Tuvalu exported $226k to Australia. The main products exported from Tuvalu to Australia were Copper Bars ($121k), Vegetable Saps ($65.5k), and Nitric Acids ($22.4k). During the last 5 years the exports of Tuvalu to Australia have increased at an annualized rate of 10.9%, from $135k in 2017 to $226k in 2022.

In 2017, Australia exported $4.55M to Tuvalu. The main products exported from Australia to Tuvalu were Non-woven Textiles ($637k), Large Construction Vehicles ($441k), and Excavation Machinery ($435k). During the last 5 years the exports of Australia to Tuvalu have increased at an annualized rate of 19%, from $1.91M in 2022 to $4.55M in 2017.

Exports from Tuvalu (Flag) to Australia (Flag) (2022)

Exports from Australia (Flag) to Tuvalu (Flag) (2022)

Latest Data

Trade between Tuvalu (Flag) and Australia (Flag)

Australia Exports

Market Competitiveness

Color
Tuvalu
Top DestinationThailand$50M
Australia
Top DestinationChina$123B

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

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

In 2022, countries that imported more from Australia than Tuvalu included China ($123B), Japan ($80.1B), and South Korea ($41B).

Difference in imports from Australia (Flag) and Tuvalu (Flag) (2022)

Comparative Advantage Tuvalu - Australia

Flow
Scale

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

During 2022, Tuvalu had a large net trade with Australia in the exports of Metals ($127k), Vegetable Products ($65.5k), and Chemical Products ($22.4k).

During 2017, Australia had a large net trade with Tuvalu in the exports of Machines ($1.45M), Textiles ($723k), and Foodstuffs ($597k).

Economic Complexity

Competitive Landscape

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

Product Space of Tuvalu (Flag) and Australia (Flag) (2022)

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