Vanuatu (VUT) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Vanuatu-Italy Trade: In 2022, Vanuatu exported $41.5k to Italy. The main products that Vanuatu exported to Italy were Cocoa Beans ($41.5k). Over the past 6 years the exports of Vanuatu to Italy have increased at an annualized rate of 74.9%, from $1.45k in 2016 to $41.5k in 2022.

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

Italy-Vanuatu Trade: In 2022, Italy exported $913k to Vanuatu. The main products that Italy exported to Vanuatu were Other Furniture ($189k), Washing and Bottling Machines ($125k), and Plastic Lids ($92.7k). Over the past 6 years the exports of Italy to Vanuatu have decreased at an annualized rate of 12.8%, from $1.81M in 2016 to $913k in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Vanuatu exported $41.5k to Italy. The main products exported from Vanuatu to Italy were Cocoa Beans ($41.5k). During the last 6 years the exports of Vanuatu to Italy have increased at an annualized rate of 74.9%, from $1.45k in 2016 to $41.5k in 2022.

In 2017, Italy exported $913k to Vanuatu. The main products exported from Italy to Vanuatu were Other Furniture ($189k), Washing and Bottling Machines ($125k), and Plastic Lids ($92.7k). During the last 5 years the exports of Italy to Vanuatu have decreased at an annualized rate of 12.8%, from $1.81M in 2022 to $913k in 2017.

Exports from Vanuatu () to Italy () (2022)

Exports from Italy () to Vanuatu () (2022)

Latest Data

Trade between Vanuatu () and Italy ()

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vanuatu
Top DestinationThailand$86.1M

Italy
Top DestinationGermany$78.5B

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

In 2022, no countries were registered that imported more from Vanuatu than from Italy.

In 2022, countries that imported more from Italy than Vanuatu included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Vanuatu - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vanuatu had a large net trade with Italy in the exports of Foodstuffs ($41.5k).

During 2017, Italy had a large net trade with Vanuatu in the exports of Machines ($301k), Miscellaneous ($242k), and Metals ($117k).

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 Italy. This means that a dot/product with the flag of Vanuatu indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Vanuatu.

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Historical Data

Bilateral Trade by Products

Exports from Vanuatu () to Italy () (2022)

Exports from Italy () to Vanuatu () (2022)

Latest Data

Trade between Vanuatu () and Italy ()

Italy Exports

Market Competitiveness

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

Comparative Advantage Vanuatu - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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