2023
Flag  
GDP
$1.13BCURRENT US$
Rnk 184 / 195
2013-2023
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GDP GROWTH
48.5%CURRENT US$
Rnk 77 / 195
2023
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 GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC 
$3,515CURRENT US$
Rnk 138 / 195
2013-2023
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 108 / 195
2023
Flag
GDP PC
$12,614CURRENT US$
Rnk 80 / 196
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195

About

Vanuatu-China Trade: In 2023, Vanuatu exported $13.9M to China. The main products that Vanuatu exported to China were Perfume Plants ($8.49M), Rough Wood ($3.56M), and Molluscs ($1.3M). Over the past 5 years the exports of Vanuatu to China have decreased at an annualized rate of 2.35%, from $15.7M in 2018 to $13.9M in 2023.

In 2023, Vanuatu did not export any services to China.

China-Vanuatu Trade: In 2023, China exported $124M to Vanuatu. The main products that China exported to Vanuatu were Refined Petroleum ($15.4M), Rice ($4.4M), and Plastic Housewares ($3.17M). Over the past 5 years the exports of China to Vanuatu have increased at an annualized rate of 14.4%,  from $63.4M in 2018 to $124M in 2023.

In 2023, China did not export any services to Vanuatu.

Comparison In 2023,  Vanuatu ranked 187 in total exports ($198M), and does not have data regarding Economic Complexity Index. That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Vanuatu exported $13.9M to China. The main products exported from Vanuatu to China were Perfume Plants ($8.49M), Rough Wood ($3.56M), and Molluscs ($1.3M). During the last 5 years the exports of Vanuatu to China have decreased at an annualized rate of 2.35%, from $15.7M in 2018 to $13.9M in 2023.

In 2018, China exported $124M to Vanuatu. The main products exported from China to Vanuatu were Refined Petroleum ($15.4M), Rice ($4.4M), and Plastic Housewares ($3.17M). During the last 5 years the exports of China to Vanuatu have increased at an annualized rate of 14.4%, from $63.4M in 2023 to $124M in 2018.

Exports from Vanuatu (Flag) to China (Flag) (2023)

Exports from China (Flag) to Vanuatu (Flag) (2023)

Latest Data

Trade between Vanuatu (Flag) and China (Flag)

China Exports

Market Competitiveness

Color
Vanuatu
Top Destination
Thailand$96M
China
Top Destination
United States$436B

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

In 2023, no countries were registered that imported more from Vanuatu than from China.

In 2023, countries that imported more from China than Vanuatu included United States ($436B), Hong Kong ($259B), and Japan ($169B).

Difference in imports from China (Flag) and Vanuatu (Flag) (2023)

Comparative Advantage Vanuatu - China

Flow
Scale

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

During 2023, Vanuatu had a large net trade with China in the exports of Vegetable Products ($8.51M), Wood Products ($4.11M), and Animal Products ($1.3M).

During 2018, China had a large net trade with Vanuatu in the exports of Machines ($24.1M), Metals ($18.3M), and Mineral Products ($15.8M).

Economic Complexity

Competitive Landscape

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

Product Space of Vanuatu (Flag) and China (Flag) (2023)

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