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
Flag
 GDP
$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH
22.5%CURRENT US$
Rnk 133 / 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
$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH
19.3%CURRENT US$
Rnk 103 / 195

About

Vanuatu-Thailand Trade: In 2023, Vanuatu exported $96M to Thailand. The main products that Vanuatu exported to Thailand were Non-fillet Frozen Fish ($88.9M), Special Purpose Ships ($7M), and Scrap Iron ($42.7k). Over the past 5 years the exports of Vanuatu to Thailand have increased at an annualized rate of 44%, from $15.5M in 2018 to $96M in 2023.

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

Thailand-Vanuatu Trade: In 2023, Thailand exported $17.3M to Vanuatu. The main products that Thailand exported to Vanuatu were Delivery Trucks ($6.83M), Cars ($3.99M), and Raw Sugar ($1.37M). Over the past 5 years the exports of Thailand to Vanuatu have increased at an annualized rate of 1.62%,  from $15.9M in 2018 to $17.3M in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Vanuatu exported $96M to Thailand. The main products exported from Vanuatu to Thailand were Non-fillet Frozen Fish ($88.9M), Special Purpose Ships ($7M), and Scrap Iron ($42.7k). During the last 5 years the exports of Vanuatu to Thailand have increased at an annualized rate of 44%, from $15.5M in 2018 to $96M in 2023.

In 2018, Thailand exported $17.3M to Vanuatu. The main products exported from Thailand to Vanuatu were Delivery Trucks ($6.83M), Cars ($3.99M), and Raw Sugar ($1.37M). During the last 5 years the exports of Thailand to Vanuatu have increased at an annualized rate of 1.62%, from $15.9M in 2023 to $17.3M in 2018.

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

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

Latest Data

Trade between Vanuatu (Flag) and Thailand (Flag)

Thailand Exports

Market Competitiveness

Color
Vanuatu
Top Destination
Thailand$96M
Thailand
Top Destination
United States$58.5B

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

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

In 2023, countries that imported more from Thailand than Vanuatu included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage Vanuatu - Thailand

Flow
Scale

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

During 2023, Vanuatu had a large net trade with Thailand in the exports of Animal Products ($88.9M), Transportation ($7M), and Metals ($42.7k).

During 2018, Thailand had a large net trade with Vanuatu in the exports of Transportation ($10.9M), Foodstuffs ($2.18M), and Textiles ($1.42M).

Economic Complexity

Competitive Landscape

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

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

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