1945

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 relatively large deficit of 217.1 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed ASPAC at -108.4 mln US$ (see graph 4). Merchandise exports in Vanuatu were diversified amongst partners; imports were slightly more concentrated. The top 7 partners accounted for 80 percent or more of exports and the same number of partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Vanuatu increased substantially by 12.5 percent, reaching 321.8 mln US$, while its imports of services increased slightly by 0.7 percent and reached 145.9 mln US$ (see graph 2). There was a large trade in services surplus of 175.9 mln US$.

Related Subject(s): International Trade and Finance
Countries: Vanuatu
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