2023
Flag
 GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC
$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195

About

Wallis and Futuna-Italy Trade: In 2023, Wallis and Futuna exported $2.07k to Italy. The main products that Wallis and Futuna exported to Italy were Vacuum Cleaners ($2.07k). Over the past 16 years the exports of Wallis and Futuna to Italy have decreased at an annualized rate of 17.5%, from $45k in 2007 to $2.07k in 2023.

In 2023, Wallis and Futuna did not export any services to Italy.

Italy-Wallis and Futuna Trade: In 2023, Italy exported $197k to Wallis and Futuna. The main products that Italy exported to Wallis and Futuna were Refrigerators ($154k), Motor vehicles; parts and accessories (8701 to 8705) ($36.4k), and Liquid Pumps ($6.63k). Over the past 16 years the exports of Italy to Wallis and Futuna have increased at an annualized rate of 4.42%,  from $152k in 2007 to $197k in 2023.

In 2023, Italy did not export any services to Wallis and Futuna.

Comparison In 2023,  Wallis and Futuna ranked 224 in total exports ($2.09M), and does not have data regarding Economic Complexity Index. That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Wallis and Futuna exported $2.07k to Italy. The main products exported from Wallis and Futuna to Italy were Vacuum Cleaners ($2.07k). During the last 16 years the exports of Wallis and Futuna to Italy have decreased at an annualized rate of 17.5%, from $45k in 2007 to $2.07k in 2023.

In 2018, Italy exported $197k to Wallis and Futuna. The main products exported from Italy to Wallis and Futuna were Refrigerators ($154k), Motor vehicles; parts and accessories (8701 to 8705) ($36.4k), and Liquid Pumps ($6.63k). During the last 5 years the exports of Italy to Wallis and Futuna have increased at an annualized rate of 4.42%, from $152k in 2023 to $197k in 2018.

Exports from Wallis and Futuna (Flag) to Italy (Flag) (2023)

Exports from Italy (Flag) to Wallis and Futuna (Flag) (2023)

Latest Data

Trade between Wallis and Futuna (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Wallis and Futuna
Top Destination
Denmark$740k
Italy
Top Destination
Germany$71.4B

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

In 2023, no countries were registered that imported more from Wallis and Futuna than from Italy.

In 2023, countries that imported more from Italy than Wallis and Futuna included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

Difference in imports from Italy (Flag) and Wallis and Futuna (Flag) (2023)

Comparative Advantage Wallis and Futuna - Italy

Flow
Scale

This chart compares trade between Wallis and Futuna and Italy by product, considering products traded by both, Wallis and Futuna and Italy.

During 2023, Wallis and Futuna had a large net trade with Italy in the exports of Machines ($2.07k).

During 2018, Italy had a large net trade with Wallis and Futuna in the exports of Machines ($160k) and Transportation ($36.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Wallis and Futuna (Flag) and Italy (Flag) (2023)

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