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2023
Exports $5.81kWorld Rnk 198 / 214
Flag Rnk 35 / 107
2023
Destination $2.16k Fiji
2022 - 2023
FASTEST GROWING MARKET $2.16kFiji
2023
PRODUCT COMPLEXITY IN Refined Petroleum-0.94Rnk 813 / 1025
2023
Imports $19.5MWorld Rnk 204 / 226
Flag Rnk 2 / 521
2023
Origin $458k China
2022 - 2023
FASTEST GROWING ORIGIN $458kFiji

About

Exports In 2023, Tuvalu exported $5.81k in Refined Petroleum, making it the 198th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 35th most exported product in Tuvalu. The main destination of Refined Petroleum exports from Tuvalu are: Fiji ($5.68k) and South Africa ($130).

The fastest growing export markets for Refined Petroleum of Tuvalu between 2022 and 2023 were Fiji ($2.16k) and South Africa ($130).

Imports In 2023, Tuvalu imported $19.5M in Refined Petroleum, becoming the 204th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Tuvalu. Tuvalu imports Refined Petroleum primarily from: China ($12.2M), Fiji ($6.29M), New Zealand ($283k), Turkey ($229k), and Greece ($188k).

The fastest growing import markets in Refined Petroleum for Tuvalu between 2022 and 2023 were Fiji ($458k), Ukraine ($73.7k), and Turkey ($64.5k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$5.81k
IMPORTS (2023)$19.5M
NET TRADE (2023)-$19.5M

In 2023, Tuvalu exported $5.81k in Refined Petroleum. The main destinations of Tuvalu exports on Refined Petroleum were Fiji ($5.68k) and South Africa ($130).

In 2023, Tuvalu imported $19.5M in Refined Petroleum, mainly from China ($12.2M), Fiji ($6.29M), New Zealand ($283k), Turkey ($229k), and Greece ($188k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Tuvalu WERE (2022 - 2023):
Fiji$2.16k (61.4%)
South Africa$130 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Tuvalu WERE (2022 - 2023):
United Arab Emirates-$1.89k (-100%)
South Korea-$71 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Tuvalu's main exporting competitors in Refined Petroleum were:
United States $107B
Singapore $55.9B
India $55.8B
In 2023, Tuvalu's main importing competitors in Refined Petroleum were:
United States $68.8B
Singapore $55.7B
Australia $35.3B

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Refined Petroleum’s highest export potential is N/A. With an export gap of N/A.   Refined Petroleum’s highest import potential is N/A with an import gap of N/A.

See methodology.

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