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2023
Product
Exports | Imports $86.4M | $569M196 of 226 |  192 of 226
2023
Per Capita Product
Exports | Imports $399 | $2.63k207 of 220 |  118 of 220

About

Overview In 2023 Samoa was the number 196 economy in the world in terms of total exports and the number 192 in total imports.

Exports The top exports of Samoa are Refined Petroleum ($15.8M), Integrated Circuits ($11.9M), Coconut Oil ($7.58M), Non-fillet Frozen Fish ($6.92M), and Insulated Wire ($6.6M), exporting mostly to India ($22.2M), New Zealand ($11.8M), United States ($10.7M), American Samoa ($8.46M), and Australia ($7.83M).

Imports The top imports of Samoa are Refined Petroleum ($103M), Poultry Meat ($20.9M), Cars ($16.9M), Recreational Boats ($12.1M), and Delivery Trucks ($11.7M), importing mostly from New Zealand ($112M), Singapore ($111M), China ($96.6M), Australia ($54.6M), and Fiji ($49.5M).

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Samoa.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2023)Refined Petroleum$15.8M
Top Destination (2023)India$22.2M

In 2023, Samoa exported a total of $86.4M, making it the number 196 exporter in the world. During the last five reported years the exports of Samoa have changed by $15.6M from $70.8M in 2018 to $86.4M in 2023.

The most recent exports are led by Refined Petroleum ($15.8M), Integrated Circuits ($11.9M), Coconut Oil ($7.58M), Non-fillet Frozen Fish ($6.92M), and Insulated Wire ($6.6M). The most common destination for the exports of Samoa are India ($22.2M), New Zealand ($11.8M), United States ($10.7M), American Samoa ($8.46M), and Australia ($7.83M).

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Exports (2023)
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Destinations (2023)
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Market Growth

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Growth
Fastest Growing Export Markets (2022 - 2023)
India$10.3M (+ 86.6%)
Australia$3.25M (+ 71.1%)
China$886k (+ 52.9%)
Fastest Growing Import Markets (2022 - 2023)
New Zealand$22.5M (+ 25.1%)
Singapore$18.3M (+ 19.8%)
Australia$12.4M (+ 29.4%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

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Service Trade

Service Trade

Samoa Exports Services (2018)$259M
Samoa Imports Services (2018)$96.1M

In 2018, Samoa exported $259M worth of services. The top services exported by Samoa in 2018 were Travel ($193M), Construction services ($16.3M), Financial services ($13.1M), Miscellaneous business, professional, and technical services ($10.5M), and Telecommunications services ($9.02M).

The top services imported by Samoa in 2018 were Sea transport ($28M), Miscellaneous business, professional, and technical services ($25M), Life insurance and pension funding ($12.1M), Air transport ($11.3M), and Telecommunications services ($5.96M).

Service Exports (2018)

Service Imports (2018)

Economic Complexity

Most Specialized Products by RCA Index

Samoa has a high level of specialization in Coconut Oil (299), Non-fillet Frozen Fish (69.3), Legume Flours (21.6), Coin (20.3), and Citrus (20.3). Specialization is measured using RCA, an index that takes the ratio between Samoa observed and expected exports in each product.

Export Opportunities by Relatedness

The top export opportunities for Samoa according to the relatedness index, were Gold (0.12), Dried/Salted/Smoked/Brined Fish (0.12), Fish Fillets (0.12), Bananas (0.12), and Crustaceans (0.11). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Samoa is not specialized in.

Product Space

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 a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Samoa. These are products that tend to be co-exported with the products that Samoa exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2023)

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is 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 greenhouse emissions.

Diversification Frontier

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