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Vanuatu trade in 2024

In 2024, Vanuatu exported $322 million and imported $529 million, a trade deficit of $207 million. It was the world's 175th-largest exporter, with 0% of world exports. Its top export was frozen fish (38.2% of the total) and its main trading partner was Thailand (26.6% of its trade).

Summary

Exports
$322million
Imports
$529million
Trade balance
-$207million
Routes to the main partners. Width: trade value; color: estimated transport mode.SeaAirLand
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Products

What it exports

Frozen fish (38.2%) and dredgers and floating cranes (37.3%) together make up 75.5% of its exports.

  1. Frozen fish$123 million · 38.2%
    Main partner: Thailand
  2. Dredgers and floating cranes$120 million · 37.3%
    Main partner: Thailand
  3. Medicinal and aromatic plants$29 million · 9.1%
    Main partner: United States
  4. Mollusks (squid, mussels, oysters)$13 million · 4.1%
    Main partner: China
  5. Cocoa beans$9 million · 2.9%
    Main partner: Malaysia
  6. Fish fillets$9 million · 2.7%
    Main partner: Japan
  7. Copra$6 million · 1.7%
    Main partner: Philippines
  8. Warships and other vessels$4 million · 1.2%
    Main partner: Saudi Arabia
  9. Logs$1 million · 0.45%
    Main partner: China
  10. Seaweed, sugar beet and sugar cane$969 thousand · 0.3%
    Main partner: United States

What it imports

Refined petroleum (21.6%) and fishing vessels (11.1%) together make up 32.7% of its imports.

  1. Refined petroleum$114 million · 21.6%
    Main partner: Malaysia
  2. Fishing vessels$59 million · 11.1%
    Main partner: China
  3. Trucks$16 million · 2.9%
    Main partner: Thailand
  4. Poultry meat$14 million · 2.6%
    Main partner: Australia
  5. Cars$12 million · 2.2%
    Main partner: Thailand
  6. Rice$10 million · 1.9%
    Main partner: Taiwan
  7. Steel structures$9 million · 1.7%
    Main partner: China
  8. Cameras and broadcast equipment$9 million · 1.7%
    Main partner: New Zealand
  9. Natural gas and LPG$9 million · 1.6%
    Main partner: Australia
  10. Bread, biscuits and pastries$8 million · 1.5%
    Main partner: Fiji
By Harmonized System chapter (90)
ChapterExportsImports
03 · Fish and seafood$145 million$1 million
89 · Ships and boats$125 million$66 million
12 · Oilseeds and grains$36 million$226 thousand
18 · Cocoa and chocolate$9 million$1 million
44 · Wood$2 million$8 million
16 · Prepared meat and fish$534 thousand$13 million
10 · Cereals$463 thousand$10 million
85 · Electrical and electronic equipment$441 thousand$28 million
74 · Copper$410 thousand$1 million
97 · Art and antiques$365 thousand$945
86 · Railway equipment$309 thousand$110 thousand
15 · Fats and oils$269 thousand$4 million
62 · Woven clothing$213 thousand$3 million
61 · Knitted clothing$203 thousand$3 million
09 · Coffee, tea and spices$175 thousand$398 thousand
76 · Aluminum$152 thousand$4 million
13 · Gums and plant extracts$123 thousand$11 thousand
49 · Books and printed matter$105 thousand$1 million
84 · Mechanical machinery$103 thousand$43 million
38 · Miscellaneous chemicals$97 thousand$993 thousand
88 · Aircraft and spacecraft$83 thousand$1 million
42 · Leather goods and bags$81 thousand$2 million
27 · Oil, gas and coal$72 thousand$123 million
64 · Footwear$58 thousand$4 million
33 · Perfumes and cosmetics$57 thousand$3 million
14 · Other plant products$46 thousand$0
30 · Pharmaceuticals$41 thousand$5 million
73 · Iron and steel products$41 thousand$17 million
46 · Wicker and basketware$32 thousand$100 thousand
72 · Iron and steel$29 thousand$9 million
69 · Ceramics$27 thousand$3 million
82 · Tools and cutlery$23 thousand$3 million
90 · Precision and medical instruments$21 thousand$3 million
65 · Hats$16 thousand$110 thousand
94 · Furniture and lighting$14 thousand$12 million
87 · Vehicles$13 thousand$38 million
71 · Gems and precious metals$12 thousand$357 thousand
23 · Animal feed and food waste$12 thousand$1 million
29 · Organic chemicals$10 thousand$437 thousand
83 · Miscellaneous metal goods$9 thousand$1 million
22 · Beverages and spirits$9 thousand$8 million
32 · Dyes, paints and tanning agents$7 thousand$4 million
21 · Food preparations$7 thousand$5 million
48 · Paper and paperboard$6 thousand$6 million
39 · Plastics$5 thousand$13 million
95 · Toys and sports gear$4 thousand$2 million
78 · Lead$3 thousand$2 thousand
34 · Soap and cleaning products$3 thousand$3 million
01 · Live animals$2 thousand$52 thousand
63 · Home textiles and used clothing$2 thousand$2 million
40 · Rubber$2 thousand$3 million
96 · Other manufactured goods$2 thousand$1 million
25 · Salt, stone and cement$1 thousand$2 million
68 · Stone, plaster and cement articles$1 thousand$2 million
20 · Preserved fruit and vegetables$1 thousand$3 million
58 · Special fabrics and lace$304$126 thousand
19 · Baked goods and cereal products$260$12 million
67 · Feathers and artificial flowers$225$146 thousand
91 · Watches and clocks$150$785 thousand
57 · Carpets and rugs$73$102 thousand
36 · Explosives and matches$32$65 thousand
35 · Glues, starches and enzymes$20$516 thousand
24 · Tobacco$12$3 million
41 · Hides and leather$6$334
43 · Fur and fur goods$5$8 thousand
54 · Synthetic filaments$2$843 thousand
02 · Meat and offal$0$15 million
04 · Dairy, eggs and honey$0$7 million
11 · Milling products and malt$0$6 million
17 · Sugar and sweets$0$5 million
56 · Felt, nonwovens and rope$0$2 million
07 · Vegetables$0$2 million
08 · Fruit and nuts$0$1 million
70 · Glass$0$1 million
55 · Synthetic staple fibers$0$703 thousand
05 · Other animal products$0$551 thousand
52 · Cotton$0$436 thousand
66 · Umbrellas and canes$0$387 thousand
28 · Inorganic chemicals$0$345 thousand
60 · Knitted fabric$0$168 thousand
92 · Musical instruments$0$114 thousand
59 · Coated and technical textiles$0$92 thousand
93 · Weapons and ammunition$0$90 thousand
31 · Fertilizers$0$52 thousand
80 · Tin$0$28 thousand
37 · Photographic goods$0$9 thousand
79 · Zinc$0$7 thousand
53 · Other plant fibers$0$7 thousand
45 · Cork$0$1 thousand
47 · Wood pulp$0$116

Trading partners

Its main destination is Thailand (65% of exports) and its main source is China (34.5% of imports).

Who it sells to

PartnerValue (USD millions)ShareMode
Thailand20965%Sea
Japan34.310.7%Sea
China19.36%Sea
United States14.24.4%Air
Philippines9.63%Sea
Fiji7.12.2%Sea
Malaysia7.12.2%Sea
South Korea5.91.8%Sea
Saudi Arabia4.11.3%Sea
Australia2.90.9%Sea

Who it buys from

PartnerValue (USD millions)ShareMode
China18234.5%Sea
Malaysia75.714.3%Sea
Australia72.113.6%Sea
New Zealand35.56.7%Sea
Fiji33.56.3%Sea
Singapore30.35.7%Sea
Thailand16.53.1%Sea
Japan14.32.7%Sea
Indonesia12.52.4%Sea
South Korea112.1%Sea

Overview 1995–2024

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

Exports and imports

Exports grew 11-fold since 1995

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

  • Exports 322
  • Imports 529
  • Balance -207

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$29 million$114 million-$85 million
1996$42 million$132 million-$90 million
1997$64 million$140 million-$76 million
1998$66 million$107 million-$40 million
1999$66 million$159 million-$92 million
2000$105 million$78 million$27 million
2001$66 million$121 million-$55 million
2002$62 million$95 million-$32 million
2003$77 million$157 million-$80 million
2004$227 million$161 million$67 million
2005$234 million$178 million$56 million
2006$287 million$225 million$62 million
2007$304 million$274 million$30 million
2008$552 million$333 million$219 million
2009$214 million$444 million-$230 million
2010$525 million$960 million-$435 million
2011$763 million$457 million$306 million
2012$456 million$511 million-$56 million
2013$289 million$879 million-$590 million
2014$655 million$648 million$7 million
2015$924 million$397 million$527 million
2016$654 million$338 million$316 million
2017$265 million$320 million-$56 million
2018$190 million$284 million-$94 million
2019$178 million$335 million-$157 million
2020$229 million$282 million-$52 million
2021$309 million$371 million-$61 million
2022$229 million$398 million-$169 million
2023$213 million$483 million-$269 million
2024$322 million$529 million-$207 million

World rank

Vanuatu rose from 186th to 175th among the world's exporters

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

  • 186th in 1995
  • 175th in 2024

Source: CEPII BACI

Show the numbers
YearRank
1995186th
1996182nd
1997176th
1998177th
1999178th
2000174th
2001186th
2002187th
2003186th
2004172nd
2005170th
2006171st
2007172nd
2008169th
2009177th
2010167th
2011165th
2012179th
2013182nd
2014170th
2015160th
2016166th
2017182nd
2018184th
2019187th
2020179th
2021177th
2022184th
2023187th
2024175th

What it sells

Its top export group is still fish and seafood: 45% in 2024

% of exports by Harmonized System chapter.

  • Other 1%
  • Electrical and electronic equipment 0%
  • Cereals 0%
  • Prepared meat and fish 0%
  • Wood 1%
  • Cocoa and chocolate 3%
  • Oilseeds and grains 11%
  • Ships and boats 39%
  • Fish and seafood 45%

Source: CEPII BACI

Show the numbers
Chapter19952024
Fish and seafood34.2%45%
Ships and boats0%39%
Oilseeds and grains19.4%11.1%
Cocoa and chocolate4.3%2.9%
Wood5.5%0.52%
Prepared meat and fish0%0.17%
Cereals0%0.14%
Electrical and electronic equipment0.12%0.14%
Other36.5%1%

Who it trades with

Japan went from 46% to 6% of Vanuatu's trade

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

  • Thailand 27%
  • China 24%
  • Malaysia 10%
  • Australia 9%
  • Japan 6%

Source: CEPII BACI

Show the numbers
Partner19952024
Thailand0.61%26.6%
China1.2%23.7%
Malaysia0.7%9.7%
Australia17.7%8.8%
Japan46%5.7%

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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