2023
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GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
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GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 195
2023
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 GDP
$1.13BCURRENT US$
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2013-2023
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GDP GROWTH
48.5%CURRENT US$
Rnk 77 / 195
2023
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GDP PC 
$48,281CURRENT US$
Rnk 28 / 195
2013-2023
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GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195
2023
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GDP PC
$3,515CURRENT US$
Rnk 138 / 196
2013-2023
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GDP PC GROWTH
18%CURRENT US$
Rnk 108 / 195

About

New Zealand-Vanuatu Trade: In 2023, New Zealand exported $37.9M to Vanuatu. The main products that New Zealand exported to Vanuatu were Sawn Wood ($4.41M), Broadcasting Equipment ($3.75M), and Coated Flat-Rolled Iron ($2.16M). Over the past 5 years the exports of New Zealand to Vanuatu have increased at an annualized rate of 2.69%, from $33.2M in 2018 to $37.9M in 2023.

In 2023, New Zealand did not export any services to Vanuatu.

Vanuatu-New Zealand Trade: In 2023, Vanuatu exported $797k to New Zealand. The main products that Vanuatu exported to New Zealand were Perfume Plants ($561k), Citrus ($59.9k), and Cocoa Beans ($52.5k). Over the past 5 years the exports of Vanuatu to New Zealand have increased at an annualized rate of 4.05%,  from $653k in 2018 to $797k in 2023.

In 2023, Vanuatu did not export any services to New Zealand.

Comparison In 2023,  New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48),  and 61 in total exports ($44.5B). 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, New Zealand exported $37.9M to Vanuatu. The main products exported from New Zealand to Vanuatu were Sawn Wood ($4.41M), Broadcasting Equipment ($3.75M), and Coated Flat-Rolled Iron ($2.16M). During the last 5 years the exports of New Zealand to Vanuatu have increased at an annualized rate of 2.69%, from $33.2M in 2018 to $37.9M in 2023.

In 2018, Vanuatu exported $797k to New Zealand. The main products exported from Vanuatu to New Zealand were Perfume Plants ($561k), Citrus ($59.9k), and Cocoa Beans ($52.5k). During the last 5 years the exports of Vanuatu to New Zealand have increased at an annualized rate of 4.05%, from $653k in 2023 to $797k in 2018.

Exports from New Zealand (Flag) to Vanuatu (Flag) (2023)

Exports from Vanuatu (Flag) to New Zealand (Flag) (2023)

Latest Data

Trade between New Zealand (Flag) and Vanuatu (Flag)

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$12.3B
Vanuatu
Top Destination
Thailand$96M

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

In 2023, countries that imported more from New Zealand than Vanuatu included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

In 2023, no countries were registered that imported more from Vanuatu than from New Zealand.

Difference in imports from Vanuatu (Flag) and New Zealand (Flag) (2023)

Comparative Advantage New Zealand - Vanuatu

Flow
Scale

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

During 2023, New Zealand had a large net trade with Vanuatu in the exports of Machines ($8.68M), Animal Products ($5.29M), and Wood Products ($4.83M).

During 2018, Vanuatu had a large net trade with New Zealand in the exports of Vegetable Products ($691k), Foodstuffs ($52.5k), and Chemical Products ($34.5k).

Economic Complexity

Competitive Landscape

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

Product Space of New Zealand (Flag) and Vanuatu (Flag) (2023)

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