2022
Flag  
GDP
$60.3MCURRENT US$
Rnk 186 / 186
2012-2022
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GDP GROWTH
53.4%CURRENT US$
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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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2022
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GDP PC 
$5,335CURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP PC GROWTH
47.2%CURRENT US$
Rnk 40 / 186
2022
Flag
GDP PC
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
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GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186

About

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 11.9%, from $5.88k in 2017 to $3.12k in 2022.

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

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 5.15%,  from $2.94M in 2017 to $4.62M in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 11.9%, from $5.88k in 2017 to $3.12k in 2022.

In 2017, 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 5.15%, from $2.94M in 2022 to $4.62M in 2017.

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

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

Latest Data

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

New Zealand Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Tuvalu - New Zealand

Flow
Scale

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

During 2022, Tuvalu had a large net trade with New Zealand in the exports of Foodstuffs ($2.1k), Animal Products ($451), and Plastics and Rubbers ($191).

During 2017, New Zealand had a large net trade with Tuvalu in the exports of Miscellaneous ($850k), Animal Products ($779k), and Transportation ($710k).

Economic Complexity

Competitive Landscape

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

Product Space of Tuvalu (Flag) and New Zealand (Flag) (2022)

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