In 2019, Vanuatu exported a total of $163M, making it the number 181 exporter in the world. During the last five reported years the exports of Vanuatu have changed by -$461M from $624M in 2014 to $163M in 2019.
In 2019 Vanuatu imported $266M, making it the number 199 trade destination in the world. During the last five reported years the imports of Vanuatu changed by -$365M from $631M in 2014 to $266M in 2019.
In 2014, Vanuatu exported $324M worth of services. The top services exported by Vanuatu in 2014 were Travel ($257M), Transportation ($45M), Government services, n.i.e. ($13.8M), Other business services ($4.04M), and Insurance services ($3.39M).
The top services imported by Vanuatu in 2014 were Transportation ($74.3M), Travel ($36.8M), Other business services ($11.9M), Insurance services ($5.6M), and Computer and information services ($3.25M).
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.