2022
Flag  
GDP
$984MCURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 95 / 186
2022
Flag
 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC 
$3,010CURRENT US$
Rnk 134 / 186
2012-2022
Flag
GDP PC GROWTH
3.58%CURRENT US$
Rnk 133 / 186
2022
Flag
GDP PC
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Vanuatu-Austria Trade: In 2022, Vanuatu exported $331 to Austria. The main products that Vanuatu exported to Austria were Beauty Products ($223) and Semiconductor Devices ($108). Over the past 7 years the exports of Vanuatu to Austria have decreased at an annualized rate of 30.9%, from $4.4k in 2015 to $331 in 2022.

In 2022, Vanuatu did not export any services to Austria.

Austria-Vanuatu Trade: In 2022, Austria exported $152k to Vanuatu. The main products that Austria exported to Vanuatu were Rubberworking Machinery ($36.4k), Machinery Having Individual Functions ($34.5k), and Centrifuges ($16.1k). Over the past 7 years the exports of Austria to Vanuatu have increased at an annualized rate of 2.19%,  from $137k in 2015 to $152k in 2022.

In 2022, Austria did not export any services to Vanuatu.

Comparison In 2022,  Vanuatu ranked 186 in total exports ($205M), and does not have data regarding Economic Complexity Index. That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vanuatu exported $331 to Austria. The main products exported from Vanuatu to Austria were Beauty Products ($223) and Semiconductor Devices ($108). During the last 7 years the exports of Vanuatu to Austria have decreased at an annualized rate of 30.9%, from $4.4k in 2015 to $331 in 2022.

In 2017, Austria exported $152k to Vanuatu. The main products exported from Austria to Vanuatu were Rubberworking Machinery ($36.4k), Machinery Having Individual Functions ($34.5k), and Centrifuges ($16.1k). During the last 5 years the exports of Austria to Vanuatu have increased at an annualized rate of 2.19%, from $137k in 2022 to $152k in 2017.

Exports from Vanuatu (Flag) to Austria (Flag) (2022)

Exports from Austria (Flag) to Vanuatu (Flag) (2022)

Latest Data

Trade between Vanuatu (Flag) and Austria (Flag)

Austria Exports

Market Competitiveness

Color
Vanuatu
Top Destination
Thailand$86.1M
Austria
Top Destination
Germany$57.7B

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

In 2022, countries that imported more from Vanuatu than Austria included Fiji ($6.36M).

In 2022, countries that imported more from Austria than Vanuatu included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

Difference in imports from Austria (Flag) and Vanuatu (Flag) (2022)

Comparative Advantage Vanuatu - Austria

Flow
Scale

This chart compares trade between Vanuatu and Austria by product, considering products traded by both, Vanuatu and Austria.

During 2022, Vanuatu had a large net trade with Austria in the exports of Chemical Products ($223) and Machines ($108).

During 2017, Austria had a large net trade with Vanuatu in the exports of Machines ($109k), Instruments ($16.2k), and Metals ($10.5k).

Economic Complexity

Competitive Landscape

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

Product Space of Vanuatu (Flag) and Austria (Flag) (2022)

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