Vanuatu

In 2011, the value of merchandise exports of Vanuatu increased substantially by 37.6 percent to reach 63.5 mln US$, while its merchandise imports increased slightly by 1.7 percent to reach 280.6 mln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 217.1 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Asia-Pacific at -108.4 mln US$ (see graph 4). Merchandise exports in Vanuatu were diversified amongst partners; imports were moderately concentrated. The top 7 partners accounted for 80 percent or more of exports and 7 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Vanuatu increased substantially by 10.3 percent, reaching 331.5 mln US$, while its imports of services decreased slightly by 0.3 percent and reached 145.5 mln US$ (see graph 2). There was a large trade in services surplus of 185.9 mln US$.

Related Subject(s): International Trade and Finance

Countries: Vanuatu