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Tuvalu trade in 2024

In 2024, Tuvalu exported $80 million and imported $76 million, a trade surplus of $5 million. It was the world's 194th-largest exporter, with 0% of world exports. Its top export was frozen fish (73.8% of the total) and its main trading partner was Thailand (47.5% of its trade).

Summary

Exports
$80million
Imports
$76million
Trade balance
+$5million
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Frozen fish (73.8%) and tugboats (24.1%) together make up 97.9% of its exports.

  1. Frozen fish$59 million · 73.8%
    Main partner: Thailand
  2. Tugboats$19 million · 24.1%
    Main partner: Thailand
  3. Other iron or steel articles$264 thousand · 0.33%
    Main partner: France
  4. Microchips$260 thousand · 0.32%
    Main partner: Czechia
  5. Fish fillets$257 thousand · 0.32%
    Main partner: Chile
  6. Animal by-products$115 thousand · 0.14%
    Main partner: Ecuador
  7. Parts for broadcast equipment$107 thousand · 0.13%
    Main partner: Portugal
  8. Parts for switchgear$84 thousand · 0.11%
    Main partner: France
  9. Coins$77 thousand · 0.1%
    Main partner: Czechia
  10. Furniture$55 thousand · 0.07%
    Main partner: United States

What it imports

Refined petroleum (20.1%) and steel structures (16.6%) together make up 36.7% of its imports.

  1. Refined petroleum$15 million · 20.1%
    Main partner: China
  2. Steel structures$13 million · 16.6%
    Main partner: China
  3. Bulldozers and excavators$2 million · 3%
    Main partner: Australia
  4. Rope, twine and fishing nets$2 million · 2.9%
    Main partner: South Korea
  5. Gold$2 million · 2.8%
    Main partner: Switzerland
  6. Other iron or steel articles$2 million · 2.7%
    Main partner: Fiji
  7. Trailers$2 million · 2.6%
    Main partner: New Zealand
  8. Engine parts$2 million · 2%
    Main partner: South Korea
  9. Centrifuges and filters$1 million · 1.9%
    Main partner: China
  10. Other food preparations$1 million · 1.8%
    Main partner: Fiji
By Harmonized System chapter (86)
ChapterExportsImports
03 · Fish and seafood$59 million$105 thousand
89 · Ships and boats$19 million$682 thousand
85 · Electrical and electronic equipment$504 thousand$3 million
73 · Iron and steel products$359 thousand$17 million
84 · Mechanical machinery$137 thousand$9 million
05 · Other animal products$115 thousand$0
71 · Gems and precious metals$77 thousand$2 million
94 · Furniture and lighting$73 thousand$984 thousand
87 · Vehicles$56 thousand$4 million
90 · Precision and medical instruments$46 thousand$816 thousand
56 · Felt, nonwovens and rope$24 thousand$3 million
97 · Art and antiques$13 thousand$0
38 · Miscellaneous chemicals$10 thousand$206 thousand
95 · Toys and sports gear$5 thousand$222 thousand
64 · Footwear$5 thousand$59 thousand
63 · Home textiles and used clothing$5 thousand$386 thousand
82 · Tools and cutlery$5 thousand$659 thousand
61 · Knitted clothing$3 thousand$69 thousand
42 · Leather goods and bags$3 thousand$62 thousand
07 · Vegetables$3 thousand$241 thousand
40 · Rubber$2 thousand$193 thousand
76 · Aluminum$2 thousand$279 thousand
93 · Weapons and ammunition$2 thousand$0
44 · Wood$2 thousand$1 million
08 · Fruit and nuts$1 thousand$126 thousand
15 · Fats and oils$1 thousand$102 thousand
27 · Oil, gas and coal$1 thousand$16 million
91 · Watches and clocks$850$2 thousand
57 · Carpets and rugs$665$2 thousand
39 · Plastics$655$1 million
48 · Paper and paperboard$651$417 thousand
65 · Hats$609$5 thousand
62 · Woven clothing$542$91 thousand
69 · Ceramics$328$128 thousand
49 · Books and printed matter$292$188 thousand
33 · Perfumes and cosmetics$186$382 thousand
32 · Dyes, paints and tanning agents$147$688 thousand
59 · Coated and technical textiles$132$25 thousand
21 · Food preparations$115$2 million
35 · Glues, starches and enzymes$49$11 thousand
68 · Stone, plaster and cement articles$22$956 thousand
06 · Live plants and flowers$17$0
23 · Animal feed and food waste$6$202 thousand
25 · Salt, stone and cement$0$1 million
02 · Meat and offal$0$1 million
10 · Cereals$0$828 thousand
83 · Miscellaneous metal goods$0$818 thousand
72 · Iron and steel$0$763 thousand
22 · Beverages and spirits$0$673 thousand
17 · Sugar and sweets$0$664 thousand
19 · Baked goods and cereal products$0$614 thousand
04 · Dairy, eggs and honey$0$490 thousand
34 · Soap and cleaning products$0$356 thousand
16 · Prepared meat and fish$0$329 thousand
30 · Pharmaceuticals$0$294 thousand
86 · Railway equipment$0$266 thousand
11 · Milling products and malt$0$231 thousand
20 · Preserved fruit and vegetables$0$223 thousand
52 · Cotton$0$85 thousand
96 · Other manufactured goods$0$83 thousand
74 · Copper$0$64 thousand
24 · Tobacco$0$59 thousand
09 · Coffee, tea and spices$0$50 thousand
18 · Cocoa and chocolate$0$38 thousand
37 · Photographic goods$0$30 thousand
70 · Glass$0$25 thousand
28 · Inorganic chemicals$0$17 thousand
31 · Fertilizers$0$12 thousand
12 · Oilseeds and grains$0$11 thousand
67 · Feathers and artificial flowers$0$7 thousand
54 · Synthetic filaments$0$7 thousand
58 · Special fabrics and lace$0$7 thousand
79 · Zinc$0$6 thousand
29 · Organic chemicals$0$4 thousand
01 · Live animals$0$3 thousand
88 · Aircraft and spacecraft$0$3 thousand
46 · Wicker and basketware$0$3 thousand
78 · Lead$0$2 thousand
26 · Ores and slag$0$1 thousand
55 · Synthetic staple fibers$0$1 thousand
14 · Other plant products$0$748
36 · Explosives and matches$0$454
60 · Knitted fabric$0$300
80 · Tin$0$184
75 · Nickel$0$127
66 · Umbrellas and canes$0$76

Trading partners

Its main destination is Thailand (91.5% of exports) and its main source is Fiji (35.7% of imports).

Who it sells to

PartnerValue (USD millions)ShareMode
Thailand73.491.5%Sea
Philippines3.24%Sea
South Korea1.41.8%Sea
Ecuador0.670.83%—
France0.330.42%—
Czechia0.190.24%—
Portugal0.170.21%—
Chile0.150.19%—
United States0.150.19%—
Fiji0.10.12%—

Who it buys from

PartnerValue (USD millions)ShareMode
Fiji2735.7%Sea
China19.726%Sea
Australia8.611.4%Sea
New Zealand7.49.9%Sea
South Korea5.16.7%Sea
Switzerland2.12.8%Air
Taiwan1.72.2%Sea
Singapore0.841.1%—
Thailand0.640.85%—
Japan0.550.72%—

Overview 1995–2024

In 2024, Tuvalu accounted for 0% of world exports, compared with 0% in 1995.

Exports and imports

Exports grew 73-fold since 1995

USD millions (current). Bars: trade balance (green surplus, red deficit).

  • Exports 80.2
  • Imports 75.6
  • Balance +4.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1 million$5 million-$3 million
1996$2 million$4 million-$2 million
1997$706 thousand$9 million-$8 million
1998$434 thousand$12 million-$11 million
1999$2 million$10 million-$8 million
2000$1 million$5 million-$4 million
2001$300 million$391 million-$90 million
2002$338 million$468 million-$130 million
2003$3 million$16 million-$13 million
2004$2 million$21 million-$19 million
2005$1 million$32 million-$31 million
2006$4 million$40 million-$36 million
2007$1 million$37 million-$35 million
2008$4 million$109 million-$105 million
2009$4 million$104 million-$100 million
2010$15 million$70 million-$55 million
2011$13 million$66 million-$53 million
2012$31 million$178 million-$147 million
2013$25 million$56 million-$31 million
2014$13 million$79 million-$66 million
2015$39 million$55 million-$17 million
2016$43 million$39 million$4 million
2017$10 million$64 million-$54 million
2018$30 million$64 million-$34 million
2019$21 million$67 million-$46 million
2020$16 million$73 million-$57 million
2021$129 million$126 million$2 million
2022$80 million$98 million-$19 million
2023$57 million$104 million-$47 million
2024$80 million$76 million$5 million

World rank

Tuvalu rose from 205th to 194th among the world's exporters

Rank among 222 countries by export value (1st at the top).

  • 205th in 1995
  • 194th in 2024

Source: CEPII BACI

Show the numbers
YearRank
1995205th
1996204th
1997207th
1998209th
1999206th
2000217th
2001158th
2002157th
2003216th
2004216th
2005217th
2006216th
2007218th
2008218th
2009216th
2010209th
2011212th
2012207th
2013207th
2014213th
2015201st
2016204th
2017217th
2018207th
2019215th
2020212th
2021195th
2022198th
2023202nd
2024194th

What it sells

Fish and seafood became its top export group: from 0.3% to 74%

% of exports by Harmonized System chapter.

  • Other 0%
  • Furniture and lighting 0%
  • Gems and precious metals 0%
  • Other animal products 0%
  • Mechanical machinery 0%
  • Iron and steel products 0%
  • Electrical and electronic equipment 1%
  • Ships and boats 24%
  • Fish and seafood 74%

Source: CEPII BACI

Show the numbers
Chapter19952024
Fish and seafood0.32%74.1%
Ships and boats0%24.1%
Electrical and electronic equipment21.7%0.63%
Iron and steel products7.6%0.45%
Mechanical machinery1.5%0.17%
Other animal products0%0.14%
Gems and precious metals0%0.1%
Furniture and lighting0.19%0.09%
Other68.7%0.24%

Who it trades with

Thailand went from 0% to 48% of Tuvalu's trade

% of total trade (exports + imports) with each partner.

  • Thailand 48%
  • Fiji 17%
  • China 13%
  • Australia 6%
  • New Zealand 5%

Source: CEPII BACI

Show the numbers
Partner19952024
Thailand0%47.5%
Fiji0%17.4%
China1.2%12.6%
Australia42.5%5.5%
New Zealand9.1%4.8%

Production hubs

Largest industrial emission sources (Climate TRACE, 2025)

No hubs above the globe threshold.

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Largest economic production hubs (gridded GDP, 2024)

No hubs above the globe threshold.

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Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.

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