2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP
$984MCURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 95 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC
$3,010CURRENT US$
Rnk 134 / 186
2012-2022
Flag
GDP PC GROWTH
3.58%CURRENT US$
Rnk 133 / 186

About

United Kingdom-Vanuatu Trade: In 2022, United Kingdom exported $502k to Vanuatu. The main products that United Kingdom exported to Vanuatu were Industrial Furnaces ($214k), Special Pharmaceuticals ($55.1k), and Packaged Medicaments ($42k). Over the past 5 years the exports of United Kingdom to Vanuatu have decreased at an annualized rate of 8.05%, from $763k in 2017 to $502k in 2022.

In 2022, United Kingdom did not export any services to Vanuatu.

Vanuatu-United Kingdom Trade: In 2022, Vanuatu exported $55.4k to United Kingdom. The main products that Vanuatu exported to United Kingdom were Electrical Control Boards ($11.5k), Rough Wood ($10.1k), and Other Furniture ($6.67k). Over the past 5 years the exports of Vanuatu to United Kingdom have decreased at an annualized rate of 25.2%,  from $236k in 2017 to $55.4k in 2022.

In 2022, Vanuatu did not export any services to United Kingdom.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). That same year, Vanuatu ranked 186 in total exports ($205M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $502k to Vanuatu. The main products exported from United Kingdom to Vanuatu were Industrial Furnaces ($214k), Special Pharmaceuticals ($55.1k), and Packaged Medicaments ($42k). During the last 5 years the exports of United Kingdom to Vanuatu have decreased at an annualized rate of 8.05%, from $763k in 2017 to $502k in 2022.

In 2017, Vanuatu exported $55.4k to United Kingdom. The main products exported from Vanuatu to United Kingdom were Electrical Control Boards ($11.5k), Rough Wood ($10.1k), and Other Furniture ($6.67k). During the last 5 years the exports of Vanuatu to United Kingdom have decreased at an annualized rate of 25.2%, from $236k in 2022 to $55.4k in 2017.

Exports from United Kingdom (Flag) to Vanuatu (Flag) (2022)

Exports from Vanuatu (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
N/AN/A
Vanuatu
Top Destination
N/AN/A

This map shows whether countries import more from United Kingdom or Vanuatu. Each country is colored based on the difference in imports they receive from United Kingdom and Vanuatu or the difference in the growth in imports.

N/A

N/A

Difference in imports from Vanuatu (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Vanuatu

Flow
Scale

This chart compares trade between United Kingdom and Vanuatu by product, considering products traded by both, United Kingdom and Vanuatu.

During 2022, United Kingdom had a large net trade with Vanuatu in the exports of Machines ($262k), Chemical Products ($108k), and Miscellaneous ($37.4k).

During 2017, Vanuatu had a large net trade with United Kingdom in the exports of Machines ($17.3k), Wood Products ($10.1k), and Transportation ($9.7k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Kingdom and Vanuatu. This means that a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Vanuatu. Similarly, a dot/product with the flag of Vanuatu indicates it has a comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Vanuatu (Flag) (2022)

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