Italy (ITA) and Tuvalu (TUV) Trade | The Observatory of Economic Complexity

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Italy-Tuvalu Trade: In 2023, Italy exported $1.26k to Tuvalu. The main products that Italy exported to Tuvalu were N/A. Over the past 5 years the exports of Italy to Tuvalu have decreased at an annualized rate of 50.7%, from $43.1k in 2018 to $1.26k in 2023.

In 2023, Italy did not export any services to Tuvalu.

Tuvalu-Italy Trade: In 2023, Tuvalu exported $176k to Italy. The main products that Tuvalu exported to Italy were Other Plastic Sheetings ($106k), Telephones ($67.7k), and Fairground Amusements ($2.84k). Over the past 5 years the exports of Tuvalu to Italy have increased at an annualized rate of 46.9%, from $25.8k in 2018 to $176k in 2023.

In 2023, Tuvalu did not export any services to Italy.

Comparison In 2023, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Tuvalu ranked 204 in total exports ($52.3M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, Italy exported €N/A and imported €N/A from Tuvalu, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Tuvalu were . In N/A the top imports of Italy from Tuvalu were .

Growth In N/A, the N/A in Italy's year-by-year exports to Tuvalu was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports from Tuvalu was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Italy exported $1.26k to Tuvalu. There were not main exports from Italy to Tuvalu in 2023. During the last 5 years the exports of Italy to Tuvalu have decreased at an annualized rate of 50.7%, from $43.1k in 2018 to $1.26k in 2023.

In 2018, Tuvalu exported $176k to Italy. The main products exported from Tuvalu to Italy were Other Plastic Sheetings ($106k), Telephones ($67.7k), and Fairground Amusements ($2.84k). During the last 5 years the exports of Tuvalu to Italy have increased at an annualized rate of 46.9%, from $25.8k in 2023 to $176k in 2018.

Exports from Italy () to Tuvalu () (2023)

Exports from Tuvalu () to Italy () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Italy
Top DestinationGermany$71.4B

Tuvalu
Top DestinationThailand$45.9M

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

In 2023, countries that imported more from Italy than Tuvalu included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, no countries were registered that imported more from Tuvalu than from Italy.

Difference in imports from Tuvalu () and Italy () (2023)

Comparative Advantage Italy - Tuvalu

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Italy and Tuvalu by product, considering products traded by both, Italy and Tuvalu.

During 2023, Italy had a large net trade with Tuvalu in the exports of Miscellaneous ($1.26k).

During 2018, Tuvalu had a large net trade with Italy in the exports of Plastics and Rubbers ($106k), Machines ($67.7k), and Miscellaneous ($2.84k).

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to Tuvalu () (2023)

Exports from Tuvalu () to Italy () (2023)

Market Competitiveness

Difference in imports from Tuvalu () and Italy () (2023)

Comparative Advantage Italy - Tuvalu

Economic Complexity

Competitive Landscape

Product Space of Italy () and Tuvalu () (2023)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to Tuvalu () (2023)

Exports from Tuvalu () to Italy () (2023)

Market Competitiveness

Difference in imports from Tuvalu () and Italy () (2023)

Comparative Advantage Italy - Tuvalu

Economic Complexity

Competitive Landscape

Product Space of Italy () and Tuvalu () (2023)

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