2022
Flag  
GDP
$984MCURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 95 / 186
2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 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
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Vanuatu-Philippines Trade: In 2022, Vanuatu exported $12.9M to Philippines. The main products that Vanuatu exported to Philippines were Copra ($8.59M), Non-fillet Frozen Fish ($4.34M), and Other Edible Preparations ($411). Over the past 5 years the exports of Vanuatu to Philippines have decreased at an annualized rate of 6.58%, from $18.2M in 2017 to $12.9M in 2022.

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

Philippines-Vanuatu Trade: In 2022, Philippines exported $1.21M to Vanuatu. The main products that Philippines exported to Vanuatu were Baked Goods ($323k), Rubber Footwear ($215k), and Electric Batteries ($158k). Over the past 5 years the exports of Philippines to Vanuatu have increased at an annualized rate of 18.3%,  from $523k in 2017 to $1.21M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vanuatu exported $12.9M to Philippines. The main products exported from Vanuatu to Philippines were Copra ($8.59M), Non-fillet Frozen Fish ($4.34M), and Other Edible Preparations ($411). During the last 5 years the exports of Vanuatu to Philippines have decreased at an annualized rate of 6.58%, from $18.2M in 2017 to $12.9M in 2022.

In 2017, Philippines exported $1.21M to Vanuatu. The main products exported from Philippines to Vanuatu were Baked Goods ($323k), Rubber Footwear ($215k), and Electric Batteries ($158k). During the last 5 years the exports of Philippines to Vanuatu have increased at an annualized rate of 18.3%, from $523k in 2022 to $1.21M in 2017.

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

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

Latest Data

Trade between Vanuatu (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
Vanuatu
Top Destination
Thailand$86.1M
Philippines
Top Destination
United States$15.5B

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

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

In 2022, countries that imported more from Philippines than Vanuatu included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Vanuatu - Philippines

Flow
Scale

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

During 2022, Vanuatu had a large net trade with Philippines in the exports of Vegetable Products ($8.59M), Animal Products ($4.34M), and Foodstuffs ($411).

During 2017, Philippines had a large net trade with Vanuatu in the exports of Foodstuffs ($797k), Footwear and Headwear ($215k), and Machines ($158k).

Economic Complexity

Competitive Landscape

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

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

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