2022
Flag  
GDP
$984MCURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 95 / 186
2022
Flag
 GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 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
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186

About

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
Value

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 49.9%, from $355k in 2022 to $2.69M in 2017.

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

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

Latest Data

Trade between Vanuatu (Flag) and Greece (Flag)

Greece Exports

Market Competitiveness

Color
Vanuatu
Top Destination
Thailand$86.1M
Greece
Top Destination
Italy$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 (Flag) and Vanuatu (Flag) (2022)

Comparative Advantage Vanuatu - Greece

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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