2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 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 
$84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC
$3,515CURRENT US$
Rnk 138 / 196
2013-2023
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 108 / 195

About

Singapore-Vanuatu Trade: In 2023, Singapore exported $25.2M to Vanuatu. The main products that Singapore exported to Vanuatu were Refined Petroleum ($18.1M), Raw Sugar ($1.38M), and Broadcasting Equipment ($1.06M). Over the past 5 years the exports of Singapore to Vanuatu have increased at an annualized rate of 2.23%, from $22.6M in 2018 to $25.2M in 2023.

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

Vanuatu-Singapore Trade: In 2023, Vanuatu exported $34.1k to Singapore. The main products that Vanuatu exported to Singapore were Fish Fillets ($15.8k), Other Nickel Products ($13.4k), and Vanilla ($2.54k). Over the past 5 years the exports of Vanuatu to Singapore have decreased at an annualized rate of 35.3%,  from $465k in 2018 to $34.1k in 2023.

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

Comparison In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62),  and 24 in total exports ($333B). 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, Singapore exported $25.2M to Vanuatu. The main products exported from Singapore to Vanuatu were Refined Petroleum ($18.1M), Raw Sugar ($1.38M), and Broadcasting Equipment ($1.06M). During the last 5 years the exports of Singapore to Vanuatu have increased at an annualized rate of 2.23%, from $22.6M in 2018 to $25.2M in 2023.

In 2018, Vanuatu exported $34.1k to Singapore. The main products exported from Vanuatu to Singapore were Fish Fillets ($15.8k), Other Nickel Products ($13.4k), and Vanilla ($2.54k). During the last 5 years the exports of Vanuatu to Singapore have decreased at an annualized rate of 35.3%, from $465k in 2023 to $34.1k in 2018.

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

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

Latest Data

Trade between Singapore (Flag) and Vanuatu (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
Vanuatu
Top Destination
Thailand$96M

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

In 2023, countries that imported more from Singapore than Vanuatu included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

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

Comparative Advantage Singapore - Vanuatu

Flow
Scale

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

During 2023, Singapore had a large net trade with Vanuatu in the exports of Mineral Products ($18.1M), Foodstuffs ($3.42M), and Machines ($2.18M).

During 2018, Vanuatu had a large net trade with Singapore in the exports of Animal Products ($16.1k), Metals ($13.5k), and Vegetable Products ($2.57k).

Economic Complexity

Competitive Landscape

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

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

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