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Exports In 2022, Vanuatu exported $16.4k in Refined Petroleum, making it the 192nd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 53rd most exported product in Vanuatu. The main destination of Refined Petroleum exports from Vanuatu are: South Korea ($16k), Fiji ($287), Netherlands ($103), and South Africa ($24).

The fastest growing export markets for Refined Petroleum of Vanuatu between 2021 and 2022 were South Korea ($15.1k), Fiji ($287), and Netherlands ($103).

Imports In 2022, Vanuatu imported $73.9M in Refined Petroleum, becoming the 184th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Vanuatu. Vanuatu imports Refined Petroleum primarily from: Malaysia ($44.7M), Singapore ($18.9M), Turkey ($3.42M), Greece ($2.24M), and China ($1.19M).

The fastest growing import markets in Refined Petroleum for Vanuatu between 2021 and 2022 were Malaysia ($30.9M), Greece ($1.25M), and Singapore ($728k).

Latest Trends

Aug 2024

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 (2022)$16.4k
IMPORTS (2022)$73.9M
NET TRADE (2022)-$73.9M

In 2022, Vanuatu exported $16.4k in Refined Petroleum. The main destinations of Vanuatu exports on Refined Petroleum were South Korea ($16k), Fiji ($287), Netherlands ($103), and South Africa ($24).

In 2022, Vanuatu imported $73.9M in Refined Petroleum, mainly from Malaysia ($44.7M), Singapore ($18.9M), Turkey ($3.42M), Greece ($2.24M), and China ($1.19M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Vanuatu WERE (2021 - 2022):
South Korea$15.1k (1.73k%)
Fiji$287 (1%)
Netherlands$103 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Vanuatu WERE (2021 - 2022):
Singapore-$397k (-100%)
Namibia-$34.4k (-100%)
United Arab Emirates-$4.17k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Vanuatu's main exporting competitors in Refined Petroleum were:
In 2022, Vanuatu's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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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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