2023
Flag  
GDP
$1.13BCURRENT US$
Rnk 184 / 195
2013-2023
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GDP GROWTH
48.5%CURRENT US$
Rnk 77 / 195
2023
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 GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
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GDP PC 
$3,515CURRENT US$
Rnk 138 / 195
2013-2023
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GDP PC GROWTH
18%CURRENT US$
Rnk 108 / 195
2023
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GDP PC
$52,926CURRENT US$
Rnk 23 / 196
2013-2023
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GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195

About

Vanuatu-Finland Trade: In 2020, Vanuatu exported $569 to Finland. The main products that Vanuatu exported to Finland were N/A. Over the past 8 years the exports of Vanuatu to Finland have increased at an annualized rate of 23.7%, from $104 in 2012 to $569 in 2020.

In 2020, Vanuatu did not export any services to Finland.

Finland-Vanuatu Trade: In 2020, Finland exported $49.4k to Vanuatu. The main products that Finland exported to Vanuatu were Machinery Having Individual Functions ($49.4k). Over the past 8 years the exports of Finland to Vanuatu have increased at an annualized rate of 96.1%,  from $1.7k in 2012 to $49.4k in 2020.

In 2020, Finland did not export any services to Vanuatu.

Comparison In 2023,  Vanuatu ranked 187 in total exports ($198M), and does not have data regarding Economic Complexity Index. That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Vanuatu exported $569 to Finland. There were not main exports from Vanuatu to Finland in 2020. During the last 8 years the exports of Vanuatu to Finland have increased at an annualized rate of 23.7%, from $104 in 2012 to $569 in 2020.

In 2018, Finland exported $49.4k to Vanuatu. The main products exported from Finland to Vanuatu were Machinery Having Individual Functions ($49.4k). During the last 5 years the exports of Finland to Vanuatu have increased at an annualized rate of 96.1%, from $1.7k in 2023 to $49.4k in 2018.

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

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

Latest Data

Trade between Vanuatu (Flag) and Finland (Flag)

Finland Exports

Market Competitiveness

Color
Vanuatu
Top Destination
Thailand$96M
Finland
Top Destination
United States$9.68B

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

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

In 2023, countries that imported more from Finland than Vanuatu included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

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

Comparative Advantage Vanuatu - Finland

Flow
Scale

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

During 2020, Vanuatu had a large net trade with Finland in the exports of .

During 2018, Finland had a large net trade with Vanuatu in the exports of Machines ($49.4k).

Economic Complexity

Competitive Landscape

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

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

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