2022
Flag  
GDP
$984MCURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 95 / 186
2022
Flag
 GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 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
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186

About

Vanuatu-Turkey Trade: In 2022, Vanuatu exported $338k to Turkey. The main products that Vanuatu exported to Turkey were Scrap Iron ($338k). Over the past 5 years the exports of Vanuatu to Turkey have decreased at an annualized rate of 41%, from $4.71M in 2017 to $338k in 2022.

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

Turkey-Vanuatu Trade: In 2022, Turkey exported $4.7M to Vanuatu. The main products that Turkey exported to Vanuatu were Refined Petroleum ($3.42M), Centrifuges ($671k), and Engine Parts ($152k). Over the past 5 years the exports of Turkey to Vanuatu have increased at an annualized rate of 30.8%,  from $1.23M in 2017 to $4.7M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vanuatu exported $338k to Turkey. The main products exported from Vanuatu to Turkey were Scrap Iron ($338k). During the last 5 years the exports of Vanuatu to Turkey have decreased at an annualized rate of 41%, from $4.71M in 2017 to $338k in 2022.

In 2017, Turkey exported $4.7M to Vanuatu. The main products exported from Turkey to Vanuatu were Refined Petroleum ($3.42M), Centrifuges ($671k), and Engine Parts ($152k). During the last 5 years the exports of Turkey to Vanuatu have increased at an annualized rate of 30.8%, from $1.23M in 2022 to $4.7M in 2017.

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

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

Latest Data

Trade between Vanuatu (Flag) and Turkey (Flag)

Turkey Exports

Market Competitiveness

Color
Vanuatu
Top Destination
Thailand$86.1M
Turkey
Top Destination
Germany$21.9B

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

In 2022, countries that imported more from Vanuatu than Turkey included Fiji ($6.36M).

In 2022, countries that imported more from Turkey than Vanuatu included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

Difference in imports from Turkey (Flag) and Vanuatu (Flag) (2022)

Comparative Advantage Vanuatu - Turkey

Flow
Scale

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

During 2022, Vanuatu had a large net trade with Turkey in the exports of Metals ($338k).

During 2017, Turkey had a large net trade with Vanuatu in the exports of Mineral Products ($3.42M), Machines ($900k), and Chemical Products ($167k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with