2023
Flag  
GDP
$1.13BCURRENT US$
Rnk 184 / 195
2013-2023
Flag
GDP GROWTH
48.5%CURRENT US$
Rnk 77 / 195
2023
Flag
 GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC 
$3,515CURRENT US$
Rnk 138 / 195
2013-2023
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 108 / 195
2023
Flag
GDP PC
$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

Vanuatu-India Trade: In 2023, Vanuatu exported $61.2k to India. The main products that Vanuatu exported to India were Drilling Machines ($47.6k) and Metal Lathes ($13.6k). Over the past 7 years the exports of Vanuatu to India have decreased at an annualized rate of 18.1%, from $248k in 2016 to $61.2k in 2023.

In 2023, Vanuatu did not export any services to India.

India-Vanuatu Trade: In 2023, India exported $3.77M to Vanuatu. The main products that India exported to Vanuatu were Packaged Medicaments ($1.17M), Cars ($1.1M), and Other Processed Fruits and Nuts ($241k). Over the past 7 years the exports of India to Vanuatu have increased at an annualized rate of 12%,  from $2.14M in 2016 to $3.77M in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Vanuatu exported $61.2k to India. The main products exported from Vanuatu to India were Drilling Machines ($47.6k) and Metal Lathes ($13.6k). During the last 7 years the exports of Vanuatu to India have decreased at an annualized rate of 18.1%, from $248k in 2016 to $61.2k in 2023.

In 2018, India exported $3.77M to Vanuatu. The main products exported from India to Vanuatu were Packaged Medicaments ($1.17M), Cars ($1.1M), and Other Processed Fruits and Nuts ($241k). During the last 5 years the exports of India to Vanuatu have increased at an annualized rate of 12%, from $2.14M in 2023 to $3.77M in 2018.

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

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

Latest Data

Trade between Vanuatu (Flag) and India (Flag)

India Exports

Market Competitiveness

Color
Vanuatu
Top Destination
Thailand$96M
India
Top Destination
United States$85.5B

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

In 2023, no countries were registered that imported more from Vanuatu than from India.

In 2023, countries that imported more from India than Vanuatu included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Comparative Advantage Vanuatu - India

Flow
Scale

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

During 2023, Vanuatu had a large net trade with India in the exports of Machines ($61.2k).

During 2018, India had a large net trade with Vanuatu in the exports of Chemical Products ($1.45M), Transportation ($1.16M), and Foodstuffs ($318k).

Economic Complexity

Competitive Landscape

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

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

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