2023
Flag  
GDP
$1.13BCURRENT US$
Rnk 184 / 195
2013-2023
Flag
GDP GROWTH
48.5%CURRENT US$
Rnk 77 / 195
2023
Flag
 GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 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
$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195

About

Vanuatu-Singapore Trade: In 2023, Vanuatu exported $34.1k to Singapore. The main products that Vanuatu exported to Singapore were Fish Fillets ($15.8k), Other Nickel Products ($13.4k), and Vanilla ($2.54k). Over the past 5 years the exports of Vanuatu to Singapore have decreased at an annualized rate of 40.7%, from $465k in 2018 to $34.1k in 2023.

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

Singapore-Vanuatu Trade: In 2023, Singapore exported $25.2M to Vanuatu. The main products that Singapore exported to Vanuatu were Refined Petroleum ($18.1M), Raw Sugar ($1.38M), and Broadcasting Equipment ($1.06M). Over the past 5 years the exports of Singapore to Vanuatu have increased at an annualized rate of 2.23%,  from $22.6M in 2018 to $25.2M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Vanuatu exported $34.1k to Singapore. The main products exported from Vanuatu to Singapore were Fish Fillets ($15.8k), Other Nickel Products ($13.4k), and Vanilla ($2.54k). During the last 5 years the exports of Vanuatu to Singapore have decreased at an annualized rate of 40.7%, from $465k in 2018 to $34.1k in 2023.

In 2018, Singapore exported $25.2M to Vanuatu. The main products exported from Singapore to Vanuatu were Refined Petroleum ($18.1M), Raw Sugar ($1.38M), and Broadcasting Equipment ($1.06M). During the last 5 years the exports of Singapore to Vanuatu have increased at an annualized rate of 2.23%, from $22.6M in 2023 to $25.2M in 2018.

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

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

Latest Data

Trade between Vanuatu (Flag) and Singapore (Flag)

Singapore Exports

Market Competitiveness

Color
Vanuatu
Top Destination
Thailand$96M
Singapore
Top Destination
Hong Kong$44.5B

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

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

In 2023, countries that imported more from Singapore than Vanuatu included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Vanuatu - Singapore

Flow
Scale

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

During 2023, Vanuatu had a large net trade with Singapore in the exports of Animal Products ($16.1k), Metals ($13.5k), and Vegetable Products ($2.57k).

During 2018, Singapore had a large net trade with Vanuatu in the exports of Mineral Products ($18.1M), Foodstuffs ($3.42M), and Machines ($2.18M).

Economic Complexity

Competitive Landscape

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

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

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