Vanuatu (VUT) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Vanuatu-Greece Trade: In 2022, Vanuatu exported $297 to Greece. The main products that Vanuatu exported to Greece were Motor vehicles; parts and accessories (8701 to 8705) ($165) and Liquid Pumps ($132). Over the past 8 years the exports of Vanuatu to Greece have decreased at an annualized rate of 32.7%, from $7.04k in 2014 to $297 in 2022.

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

Greece-Vanuatu Trade: In 2022, Greece exported $2.69M to Vanuatu. The main products that Greece exported to Vanuatu were Refined Petroleum ($2.24M), Engine Parts ($296k), and Centrifuges ($105k). Over the past 8 years the exports of Greece to Vanuatu have increased at an annualized rate of 49.9%, from $355k in 2014 to $2.69M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Vanuatu exported $297 to Greece. The main products exported from Vanuatu to Greece were Motor vehicles; parts and accessories (8701 to 8705) ($165) and Liquid Pumps ($132). During the last 8 years the exports of Vanuatu to Greece have decreased at an annualized rate of 32.7%, from $7.04k in 2014 to $297 in 2022.

In 2017, Greece exported $2.69M to Vanuatu. The main products exported from Greece to Vanuatu were Refined Petroleum ($2.24M), Engine Parts ($296k), and Centrifuges ($105k). During the last 5 years the exports of Greece to Vanuatu have increased at an annualized rate of 39.6%, from $90k in 2015 to $2.69M in 2017.

Exports from Vanuatu () to Greece () (2022)

Exports from Greece () to Vanuatu () (2022)

Latest Data

Trade between Vanuatu () and Greece ()

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vanuatu
Top DestinationThailand$86.1M

Greece
Top DestinationItaly$5.82B

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

In 2022, countries that imported more from Vanuatu than Greece included Thailand ($86.1M) and Fiji ($6.36M).

In 2022, countries that imported more from Greece than Vanuatu included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

Difference in imports from Greece () and Vanuatu () (2022)

Comparative Advantage Vanuatu - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vanuatu had a large net trade with Greece in the exports of Transportation ($165) and Machines ($132).

During 2017, Greece had a large net trade with Vanuatu in the exports of Mineral Products ($2.24M), Machines ($416k), and Instruments ($16.9k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Vanuatu () to Greece () (2022)

Exports from Greece () to Vanuatu () (2022)

Latest Data

Trade between Vanuatu () and Greece ()

Greece Exports

Market Competitiveness

Difference in imports from Greece () and Vanuatu () (2022)

Comparative Advantage Vanuatu - Greece

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Vanuatu () and Greece () (2022)

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