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GDP
$4.23TCURRENT US$
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-32.5%CURRENT US$
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 GDP
$60.3MCURRENT US$
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53.4%CURRENT US$
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$33,815CURRENT US$
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-31.2%CURRENT US$
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$5,335CURRENT US$
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47.2%CURRENT US$
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About

Japan-Tuvalu Trade: In 2022, Japan exported $26.1M to Tuvalu. The main products that Japan exported to Tuvalu were Passenger and Cargo Ships ($14.6M), Fishing Ships ($7.92M), and Tug Boats ($1.75M). Over the past 5 years the exports of Japan to Tuvalu have increased at an annualized rate of 7.75%, from $18M in 2017 to $26.1M in 2022.

In 2022, Japan did not export any services to Tuvalu.

Tuvalu-Japan Trade: In 2022, Tuvalu exported $557k to Japan. The main products that Tuvalu exported to Japan were Non-fillet Frozen Fish ($505k), Fish Fillets ($50.1k), and Coin ($2.08k). Over the past 5 years the exports of Tuvalu to Japan have decreased at an annualized rate of 22.4%,  from $1.98M in 2017 to $557k in 2022.

In 2022, Tuvalu did not export any services to Japan.

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). That same year, Tuvalu ranked 198 in total exports ($72.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $26.1M to Tuvalu. The main products exported from Japan to Tuvalu were Passenger and Cargo Ships ($14.6M), Fishing Ships ($7.92M), and Tug Boats ($1.75M). During the last 5 years the exports of Japan to Tuvalu have increased at an annualized rate of 7.75%, from $18M in 2017 to $26.1M in 2022.

In 2017, Tuvalu exported $557k to Japan. The main products exported from Tuvalu to Japan were Non-fillet Frozen Fish ($505k), Fish Fillets ($50.1k), and Coin ($2.08k). During the last 5 years the exports of Tuvalu to Japan have decreased at an annualized rate of 22.4%, from $1.98M in 2022 to $557k in 2017.

Exports from Japan (Flag) to Tuvalu (Flag) (2022)

Exports from Tuvalu (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Tuvalu
Top Destination
Thailand$50M

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

In 2022, countries that imported more from Japan than Tuvalu included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, no countries were registered that imported more from Tuvalu than from Japan.

Difference in imports from Tuvalu (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - Tuvalu

Flow
Scale

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

During 2022, Japan had a large net trade with Tuvalu in the exports of Transportation ($25.8M), Machines ($232k), and Instruments ($46.1k).

During 2017, Tuvalu had a large net trade with Japan in the exports of Animal Products ($555k) and Precious Metals ($2.08k).

Economic Complexity

Competitive Landscape

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

Product Space of Japan (Flag) and Tuvalu (Flag) (2022)

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