2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP
$1.13BCURRENT US$
Rnk 184 / 195
2013-2023
Flag
GDP GROWTH
48.5%CURRENT US$
Rnk 77 / 195
2023
Flag
GDP PC 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC
$3,515CURRENT US$
Rnk 138 / 196
2013-2023
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 108 / 195

About

Norway-Vanuatu Trade: In 2023, Norway exported $57.9k to Vanuatu. The main products that Norway exported to Vanuatu were Other Iron Products ($57.9k). Over the past 6 years the exports of Norway to Vanuatu have increased at an annualized rate of 76.5%, from $1.91k in 2017 to $57.9k in 2023.

In 2023, Norway did not export any services to Vanuatu.

Vanuatu-Norway In N/A, Vanuatu did not export any products to Norway.

In 2023, Vanuatu did not export any services to Norway.

Comparison In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47),  and 33 in total exports ($187B). That same year, Vanuatu ranked 187 in total exports ($198M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $57.9k to Vanuatu. The main products exported from Norway to Vanuatu were Other Iron Products ($57.9k). During the last 6 years the exports of Norway to Vanuatu have increased at an annualized rate of 76.5%, from $1.91k in 2017 to $57.9k in 2023.

Vanuatu does not register exports to Norway.

Exports from Norway (Flag) to Vanuatu (Flag) (2023)

Exports from Vanuatu (Flag) to Norway (Flag) (2023)

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Vanuatu
Top Destination
Thailand$96M

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

In 2023, countries that imported more from Norway than Vanuatu included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Vanuatu than Norway included Fiji ($5.75M) and Samoa ($93.9k).

Difference in imports from Vanuatu (Flag) and Norway (Flag) (2023)

Comparative Advantage Norway - Vanuatu

Flow
Scale

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

During 2023, Norway had a large net trade with Vanuatu in the exports of Metals ($57.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Norway (Flag) and Vanuatu (Flag) (2023)

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