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2023
Flag → Flag
Exports $9.62kRnk 17 / 47
2023
Flag → Flag
Top Product $7.27kCoin
2023
Flag → Flag
Exports $68.4kRnk 213 / 223
2023
Flag → Flag
Top Product $68.3kElectrical Power Accessories
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$62.3MCURRENT US$
Rnk 195 / 195
2013-2023
Flag
GDP GROWTH61.3%CURRENT US$
Rnk 52 / 195
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC $6,345CURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP PC GROWTH80.8%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

Tuvalu-United Kingdom Trade: In 2023, Tuvalu exported $9.62k to United Kingdom. The main products that Tuvalu exported to United Kingdom were Coin ($7.27k) and Integrated Circuits ($2.35k). Over the past 5 years the exports of Tuvalu to United Kingdom have decreased at an annualized rate of 34.2%, from $78k in 2018 to $9.62k in 2023.

In 2023, Tuvalu did not export any services to United Kingdom.

United Kingdom-Tuvalu Trade: In 2023, United Kingdom exported $68.4k to Tuvalu. The main products that United Kingdom exported to Tuvalu were Electrical Power Accessories ($68.3k) and Other Agricultural Machinery ($16). Over the past 5 years the exports of United Kingdom to Tuvalu have decreased at an annualized rate of 23.2%,  from $255k in 2018 to $68.4k in 2023.

In 2023, United Kingdom did not export any services to Tuvalu.

Comparison In 2023,  Tuvalu ranked 204 in total exports ($52.3M), and does not have data regarding Economic Complexity Index. That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Tuvalu exported $9.62k to United Kingdom. The main products exported from Tuvalu to United Kingdom were Coin ($7.27k) and Integrated Circuits ($2.35k). During the last 5 years the exports of Tuvalu to United Kingdom have decreased at an annualized rate of 34.2%, from $78k in 2018 to $9.62k in 2023.

In 2018, United Kingdom exported $68.4k to Tuvalu. The main products exported from United Kingdom to Tuvalu were Electrical Power Accessories ($68.3k) and Other Agricultural Machinery ($16). During the last 5 years the exports of United Kingdom to Tuvalu have decreased at an annualized rate of 23.2%, from $255k in 2023 to $68.4k in 2018.

Exports from Tuvalu (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Tuvalu (Flag) (2023)

Latest Data

Trade between Tuvalu (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Tuvalu
Top DestinationThailand$45.9M
United Kingdom
Top DestinationUnited States$59.7B

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

In 2023, no countries were registered that imported more from Tuvalu than from United Kingdom.

In 2023, countries that imported more from United Kingdom than Tuvalu included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Tuvalu (Flag) (2023)

Comparative Advantage Tuvalu - United Kingdom

Flow
Scale

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

During 2023, Tuvalu had a large net trade with United Kingdom in the exports of Precious Metals ($7.27k) and Machines ($2.35k).

During 2018, United Kingdom had a large net trade with Tuvalu in the exports of Machines ($68.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Tuvalu (Flag) and United Kingdom (Flag) (2023)

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