Tuvalu (TUV) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Tuvalu-Russia Trade: In 2021, Tuvalu exported $6.25k to Russia. The main products that Tuvalu exported to Russia were N/A. Over the past 7 years the exports of Tuvalu to Russia have increased at an annualized rate of 84.5%, from $86 in 2014 to $6.25k in 2021.

In 2021, Tuvalu did not export any services to Russia.

Russia-Tuvalu In N/A, Russia did not export any products to Tuvalu.

In 2020, Russia exported services to Tuvalu worth $19k, with Communications services ($13k) and Construction services ($6k) being the largest in terms of value.

Comparison In 2023, Tuvalu ranked 204 in total exports ($52.3M), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Tuvalu exported $6.25k to Russia. There were not main exports from Tuvalu to Russia in 2021. During the last 7 years the exports of Tuvalu to Russia have increased at an annualized rate of 84.5%, from $86 in 2014 to $6.25k in 2021.

Russia does not register exports to Tuvalu.

Exports from Tuvalu () to Russia () (2021)

Exports from Russia () to Tuvalu () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tuvalu
Top DestinationThailand$45.9M

Russia
Top DestinationChina$129B

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

In 2023, countries that imported more from Tuvalu than Russia included Fiji ($74.7k).

In 2023, countries that imported more from Russia than Tuvalu included China ($129B), India ($66.1B), and Turkey ($31B).

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

Comparative Advantage Tuvalu - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Tuvalu had a large net trade with Russia in the exports of .

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Tuvalu worth $19k, with Communications services ($13k) and Construction services ($6k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Tuvalu () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Tuvalu () to Russia () (2021)

Exports from Russia () to Tuvalu () (2021)

Market Competitiveness

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

Comparative Advantage Tuvalu - Russia

Bilateral Service Trade

Services Exports from Russia () to Tuvalu () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Tuvalu () and Russia () (2021)

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