2023
Flag  
GDP
$1.13BCURRENT US$
Rnk 184 / 195
2013-2023
Flag
GDP GROWTH
48.5%CURRENT US$
Rnk 77 / 195
2023
Flag
 GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 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
$48,281CURRENT US$
Rnk 28 / 196
2013-2023
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195

About

Vanuatu-New Zealand Trade: In 2023, Vanuatu exported $797k to New Zealand. The main products that Vanuatu exported to New Zealand were Perfume Plants ($561k), Citrus ($59.9k), and Cocoa Beans ($52.5k). Over the past 5 years the exports of Vanuatu to New Zealand have increased at an annualized rate of 4.05%, from $653k in 2018 to $797k in 2023.

In 2023, Vanuatu did not export any services to New Zealand.

New Zealand-Vanuatu Trade: In 2023, New Zealand exported $37.9M to Vanuatu. The main products that New Zealand exported to Vanuatu were Sawn Wood ($4.41M), Broadcasting Equipment ($3.75M), and Coated Flat-Rolled Iron ($2.16M). Over the past 5 years the exports of New Zealand to Vanuatu have increased at an annualized rate of 2.69%,  from $33.2M in 2018 to $37.9M in 2023.

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Vanuatu exported $797k to New Zealand. The main products exported from Vanuatu to New Zealand were Perfume Plants ($561k), Citrus ($59.9k), and Cocoa Beans ($52.5k). During the last 5 years the exports of Vanuatu to New Zealand have increased at an annualized rate of 4.05%, from $653k in 2018 to $797k in 2023.

In 2018, New Zealand exported $37.9M to Vanuatu. The main products exported from New Zealand to Vanuatu were Sawn Wood ($4.41M), Broadcasting Equipment ($3.75M), and Coated Flat-Rolled Iron ($2.16M). During the last 5 years the exports of New Zealand to Vanuatu have increased at an annualized rate of 2.69%, from $33.2M in 2023 to $37.9M in 2018.

Exports from Vanuatu (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to Vanuatu (Flag) (2023)

Latest Data

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

New Zealand Exports

Market Competitiveness

Color
Vanuatu
Top Destination
Thailand$96M
New Zealand
Top Destination
China$12.3B

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

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

In 2023, countries that imported more from New Zealand than Vanuatu included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

Difference in imports from New Zealand (Flag) and Vanuatu (Flag) (2023)

Comparative Advantage Vanuatu - New Zealand

Flow
Scale

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

During 2023, Vanuatu had a large net trade with New Zealand in the exports of Vegetable Products ($691k), Foodstuffs ($52.5k), and Chemical Products ($34.5k).

During 2018, New Zealand had a large net trade with Vanuatu in the exports of Machines ($8.68M), Animal Products ($5.29M), and Wood Products ($4.83M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Vanuatu and New Zealand. This means that a dot/product with the flag of Vanuatu 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 Vanuatu.

Product Space of Vanuatu (Flag) and New Zealand (Flag) (2023)

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