Vanuatu
Compare Vanuatu →VU · VUT · BACI 548 · latest data 2024
Exports
= $322 M81.3% over 5 yrs (up)
Imports
= $529 M57.9% over 5 yrs (up)
Trade balancedeficit
= −$207 M
Total trade
= $850 M66.0% over 5 yrs (up)
- World position
- #174 of 225 exporters · bottom half · #193 of 225 importers · bottom half · 2024
- World export share since 1995
- ±0.0 pp
Trade timeline
Vanuatu's exports grew from $29M in 1995 to $322M in 2024; the 2024 balance was −$207M.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $29 M | $114 M | −$85 M | $143 M |
| 1996 | $42 M | $132 M | −$90 M | $175 M |
| 1997 | $64 M | $140 M | −$76 M | $204 M |
| 1998 | $66 M | $107 M | −$40 M | $173 M |
| 1999 | $66 M | $159 M | −$92 M | $225 M |
| 2000 | $105 M | $78 M | $27 M | $182 M |
| 2001 | $66 M | $121 M | −$55 M | $188 M |
| 2002 | $62 M | $95 M | −$32 M | $157 M |
| 2003 | $77 M | $157 M | −$80 M | $235 M |
| 2004 | $227 M | $161 M | $67 M | $388 M |
| 2005 | $234 M | $178 M | $56 M | $413 M |
| 2006 | $288 M | $229 M | $59 M | $517 M |
| 2007 | $304 M | $274 M | $30 M | $579 M |
| 2008 | $552 M | $333 M | $219 M | $885 M |
| 2009 | $214 M | $445 M | −$231 M | $659 M |
| 2010 | $525 M | $960 M | −$435 M | $1,485 M |
| 2011 | $763 M | $456 M | $307 M | $1,219 M |
| 2012 | $456 M | $511 M | −$56 M | $967 M |
| 2013 | $289 M | $879 M | −$590 M | $1,168 M |
| 2014 | $655 M | $648 M | $7 M | $1,302 M |
| 2015 | $924 M | $397 M | $527 M | $1,320 M |
| 2016 | $653 M | $337 M | $316 M | $991 M |
| 2017 | $264 M | $320 M | −$56 M | $583 M |
| 2018 | $184 M | $284 M | −$99 M | $468 M |
| 2019 | $177 M | $335 M | −$157 M | $512 M |
| 2020 | $229 M | $282 M | −$52 M | $511 M |
| 2021 | $309 M | $371 M | −$61 M | $680 M |
| 2022 | $227 M | $395 M | −$168 M | $622 M |
| 2023 | $198 M | $472 M | −$274 M | $669 M |
| 2024 | $322 M | $529 M | −$207 M | $850 M |
Trading partners
Thailand was Vanuatu's top trading partner in 2024, at 26.6% of total trade; the top five partners covered 74.5%.
- Top partner share
- 26.6%
- Top-5 share
- 74.5%
- Partners
- 81
- Partner HHI (0–1)
- 0.154
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | Thailand | $209 M | $16 M | $226 M | $193 M |
| #2 | China | $19 M | $182 M | $201 M | −$163 M |
| #3 | Malaysia | $7 M | $76 M | $83 M | −$69 M |
| #4 | Australia | $3 M | $72 M | $75 M | −$69 M |
| #5 | Japan | $34 M | $14 M | $49 M | $20 M |
| #6 | Fiji | $7 M | $33 M | $41 M | −$26 M |
| #7 | New Zealand | $1 M | $36 M | $36 M | −$35 M |
| #8 | Singapore | $0 M | $30 M | $30 M | −$30 M |
| #9 | United States | $14 M | $5 M | $19 M | $9 M |
| #10 | South Korea | $6 M | $11 M | $17 M | −$5 M |
| #11 | Indonesia | $2 M | $13 M | $14 M | −$11 M |
| #12 | Philippines | $10 M | $1 M | $11 M | $9 M |
| #13 | Other Asia, nes | $1 M | $10 M | $10 M | −$9 M |
| #14 | France | $0 M | $7 M | $7 M | −$7 M |
| #15 | India | $1 M | $4 M | $4 M | −$3 M |
Products & sectors
Product composition of Vanuatu's trade in 2024.
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The product table loads with the product data for 2024.
Concentration & risk
Vanuatu's export partners concentrated over 1995–2024 — HHI 0.170 → 0.442, a concentrated export base across 70 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.170 | 0.303 | 24 | 35 |
| 1996 | 0.150 | 0.308 | 34 | 45 |
| 1997 | 0.155 | 0.388 | 34 | 41 |
| 1998 | 0.126 | 0.192 | 40 | 41 |
| 1999 | 0.135 | 0.316 | 35 | 38 |
| 2000 | 0.138 | 0.170 | 46 | 47 |
| 2001 | 0.228 | 0.169 | 48 | 55 |
| 2002 | 0.147 | 0.157 | 46 | 51 |
| 2003 | 0.169 | 0.260 | 49 | 48 |
| 2004 | 0.263 | 0.157 | 53 | 54 |
| 2005 | 0.290 | 0.114 | 58 | 54 |
| 2006 | 0.353 | 0.155 | 73 | 93 |
| 2007 | 0.365 | 0.109 | 76 | 94 |
| 2008 | 0.689 | 0.111 | 66 | 56 |
| 2009 | 0.299 | 0.104 | 77 | 103 |
| 2010 | 0.313 | 0.341 | 78 | 100 |
| 2011 | 0.240 | 0.115 | 82 | 100 |
| 2012 | 0.226 | 0.133 | 77 | 63 |
| 2013 | 0.449 | 0.240 | 73 | 67 |
| 2014 | 0.288 | 0.166 | 71 | 67 |
| 2015 | 0.478 | 0.112 | 72 | 70 |
| 2016 | 0.363 | 0.105 | 74 | 70 |
| 2017 | 0.161 | 0.107 | 74 | 68 |
| 2018 | 0.174 | 0.124 | 70 | 62 |
| 2019 | 0.164 | 0.116 | 73 | 63 |
| 2020 | 0.204 | 0.133 | 70 | 60 |
| 2021 | 0.272 | 0.115 | 83 | 65 |
| 2022 | 0.274 | 0.120 | 70 | 54 |
| 2023 | 0.289 | 0.130 | 63 | 55 |
| 2024 | 0.442 | 0.173 | 70 | 56 |
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