Goods imports in Tuvalu
Tuvalu: Goods imports was 35.10 million BoP, current US$ in 2023. ▲ Rising
Goods imports in Tuvalu, 2001–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Tuvalu recorded 35.10 million BoP, current US$ for goods imports in 2023. That is the highest value across all 23 years on record.
The figure is up 36.2% on the previous year and up 124.0% over ten years.
Over the whole period, goods imports in Tuvalu peaked at 35.10 million BoP, current US$ in 2023 and was at its lowest, 5.63 million BoP, current US$, in 2003.
That places Tuvalu 200th out of 200 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Goods imports in Tuvalu, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2001 | 16.74 million BoP, current US$ | — |
| 2002 | 7.75 million BoP, current US$ | -53.7% |
| 2003 | 5.63 million BoP, current US$ | -27.4% |
| 2004 | 10.08 million BoP, current US$ | +79.0% |
| 2005 | 10.70 million BoP, current US$ | +6.1% |
| 2006 | 9.68 million BoP, current US$ | -9.5% |
| 2007 | 9.76 million BoP, current US$ | +0.8% |
| 2008 | 9.62 million BoP, current US$ | -1.5% |
| 2009 | 23.66 million BoP, current US$ | +146.0% |
| 2010 | 18.41 million BoP, current US$ | -22.2% |
| 2011 | 21.13 million BoP, current US$ | +14.8% |
| 2012 | 22.17 million BoP, current US$ | +4.9% |
| 2013 | 15.67 million BoP, current US$ | -29.3% |
| 2014 | 15.17 million BoP, current US$ | -3.2% |
| 2015 | 31.49 million BoP, current US$ | +107.5% |
| 2016 | 18.48 million BoP, current US$ | -41.3% |
| 2017 | 19.76 million BoP, current US$ | +6.9% |
| 2018 | 16.00 million BoP, current US$ | -19.0% |
| 2019 | 31.77 million BoP, current US$ | +98.5% |
| 2020 | 27.19 million BoP, current US$ | -14.4% |
| 2021 | 32.44 million BoP, current US$ | +19.3% |
| 2022 | 25.77 million BoP, current US$ | -20.5% |
| 2023 | 35.10 million BoP, current US$ | +36.2% |
Tuvalu compared with similar countries
- Tuvalu's 35.10 million BoP, current US$ is below the median for upper middle income countries, which is 16.47 billion BoP, current US$, 0% of the median. (57 countries reporting)
- Tuvalu's 35.10 million BoP, current US$ is below the median for East Asia & Pacific, which is 8.66 billion BoP, current US$, 0% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.51 million BoP, current US$ | 5.63 million BoP, current US$ | 23.66 million BoP, current US$ | 9 |
| 2010s | 21.01 million BoP, current US$ | 15.17 million BoP, current US$ | 31.77 million BoP, current US$ | 10 |
| 2020s | 30.13 million BoP, current US$ | 25.77 million BoP, current US$ | 35.10 million BoP, current US$ | 4 |
Countries ranked near Tuvalu
- 197 Sao Tome and Principe 153.48 million BoP, current US$ compare
- 198 Central African Republic 130.58 million BoP, current US$
- 199 Nauru 92.65 million BoP, current US$ compare
More economy & growth data for Tuvalu
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.93 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -915,228 BoP, current US$ (2021)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0149 BoP, current US$ per US$ of GDP (2021)
- Foreign direct investment, net outflows (BoP, current US$), per capita -89.78 BoP, current US$ per person (2021)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 258,080 BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 55.2 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0045 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.76 BoP, current US$ per person (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.5864 % change on previous year (2015)
Frequently asked questions
- What is goods imports in Tuvalu?
- Goods imports in Tuvalu was 35.10 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Tuvalu?
- The highest recorded value was 35.10 million BoP, current US$ in 2023.
- What is the lowest goods imports recorded in Tuvalu?
- The lowest recorded value was 5.63 million BoP, current US$ in 2003.
- How does Tuvalu rank for goods imports?
- Tuvalu ranks 200th out of 200 countries with data for 2023.
- Is goods imports rising or falling in Tuvalu?
- Over the last ten years it is up 124.0%. The long-run trend across the full record is rising.
- Where does this Tuvalu data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.