HS Icon Refined Petroleum in  Flag Tuvalu

2021
Exports | Imports
: $4.41k | $13.3M, World Rnk 201 / 218
Flag Rnk 41 / 141 | World Rnk 202 / 226
Flag Rnk 3 / 554

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $4.25k | $1.43M, Fiji |  China

2021
PRODUCT COMPLEXITY IN Refined Petroleum
: -0.92, Rnk 817 / 1029

Exports In 2021, Tuvalu exported $4.41k in Refined Petroleum, making it the 201st largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 41st most exported product in Tuvalu. The main destination of Refined Petroleum exports from Tuvalu are: Fiji ($4.35k) and South Korea ($57).

The fastest growing export markets for Refined Petroleum of Tuvalu between 2020 and 2021 were Fiji ($4.25k).

Imports In 2021, Tuvalu imported $13.3M in Refined Petroleum, becoming the 202nd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most imported product in Tuvalu. Tuvalu imports Refined Petroleum primarily from: China ($9.63M), Fiji ($2.29M), Turkey ($848k), New Zealand ($342k), and South Korea ($126k).

The fastest growing import markets in Refined Petroleum for Tuvalu between 2020 and 2021 were China ($1.43M), Turkey ($713k), and Fiji ($330k).

Mar 2023

Subnational Monthly Trade

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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

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EXPORTS (2021): $4.41k

IMPORTS (2021): $13.3M

NET TRADE (2021): -$13.3M

In 2021, Tuvalu exported $4.41k in Refined Petroleum. The main destinations of Tuvalu exports on Refined Petroleum were Fiji ($4.35k) and South Korea ($57).

In 2021, Tuvalu imported $13.3M in Refined Petroleum, mainly from China ($9.63M), Fiji ($2.29M), Turkey ($848k), New Zealand ($342k), and South Korea ($126k).

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THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Tuvalu WERE (2020 - 2021):: Fiji, $4.25k (4.17k%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Tuvalu WERE (2020 - 2021):: South Korea, -$92 (-61.7%)

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Market Concentration

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In 2021, Tuvalu's main exporting competitors in Refined Petroleum were:

In 2021, Tuvalu's main importing competitors in Refined Petroleum were:

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