2022
Flag  
GDP
$984MCURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 95 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC 
$3,010CURRENT US$
Rnk 134 / 186
2012-2022
Flag
GDP PC GROWTH
3.58%CURRENT US$
Rnk 133 / 186
2022
Flag
GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186

About

Vanuatu-Belgium Trade: In 2022, Vanuatu exported $34.7k to Belgium. The main products that Vanuatu exported to Belgium were Cocoa Beans ($34.7k). Over the past 5 years the exports of Vanuatu to Belgium have increased at an annualized rate of 131%, from $528 in 2017 to $34.7k in 2022.

In 2022, Vanuatu did not export any services to Belgium.

Belgium-Vanuatu Trade: In 2022, Belgium exported $145k to Vanuatu. The main products that Belgium exported to Vanuatu were Vaccines, blood, antisera, toxins and cultures ($100k), Hard Liquor ($21.3k), and Transmissions ($13.4k). Over the past 5 years the exports of Belgium to Vanuatu have decreased at an annualized rate of 7.15%,  from $381k in 2017 to $145k in 2022.

In 2022, Belgium did not export any services to Vanuatu.

Comparison In 2022,  Vanuatu ranked 186 in total exports ($205M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vanuatu exported $34.7k to Belgium. The main products exported from Vanuatu to Belgium were Cocoa Beans ($34.7k). During the last 5 years the exports of Vanuatu to Belgium have increased at an annualized rate of 131%, from $528 in 2017 to $34.7k in 2022.

In 2017, Belgium exported $145k to Vanuatu. The main products exported from Belgium to Vanuatu were Vaccines, blood, antisera, toxins and cultures ($100k), Hard Liquor ($21.3k), and Transmissions ($13.4k). During the last 5 years the exports of Belgium to Vanuatu have decreased at an annualized rate of 7.15%, from $381k in 2022 to $145k in 2017.

Exports from Vanuatu (Flag) to Belgium (Flag) (2022)

Exports from Belgium (Flag) to Vanuatu (Flag) (2022)

Latest Data

Trade between Vanuatu (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

Color
Vanuatu
Top Destination
Thailand$86.1M
Belgium
Top Destination
Germany$91.9B

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

In 2022, countries that imported more from Vanuatu than Belgium included Fiji ($6.36M).

In 2022, countries that imported more from Belgium than Vanuatu included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

Difference in imports from Belgium (Flag) and Vanuatu (Flag) (2022)

Comparative Advantage Vanuatu - Belgium

Flow
Scale

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

During 2022, Vanuatu had a large net trade with Belgium in the exports of Foodstuffs ($34.7k).

During 2017, Belgium had a large net trade with Vanuatu in the exports of Chemical Products ($100k), Foodstuffs ($26.8k), and Machines ($18.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Vanuatu (Flag) and Belgium (Flag) (2022)

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