Net trade in goods and services in Vanuatu
Vanuatu: Net trade in goods and services was -427.26 million BoP, current US$ in 2022. ◆ Volatile
Latest (2022)
-427.26 million BoP, current US$
Change on year
up 2.5%
World rank
111th
of 200 countries
All-time high
14.55 million BoP, current US$
in 1998
All-time low
-438.31 million BoP, current US$
in 2021
Years of data
41
1982–2022
Net trade in goods and services in Vanuatu, 1982–2022
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Vanuatu recorded -427.26 million BoP, current US$ for net trade in goods and services in 2022.
Compared with earlier readings it is up 2.5% on the previous year and down 901.0% over ten years.
Over the whole period, net trade in goods and services in Vanuatu peaked at 14.55 million BoP, current US$ in 1998 and was at its lowest, -438.31 million BoP, current US$, in 2021.
Vanuatu ranks 111th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Vanuatu, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1982 | -9.96 million BoP, current US$ | — |
| 1983 | -6.60 million BoP, current US$ | -33.7% |
| 1984 | 3.42 million BoP, current US$ | -151.8% |
| 1985 | -15.83 million BoP, current US$ | -563.0% |
| 1986 | -23.21 million BoP, current US$ | +46.7% |
| 1987 | -22.80 million BoP, current US$ | -1.8% |
| 1988 | -20.32 million BoP, current US$ | -10.9% |
| 1989 | -23.01 million BoP, current US$ | +13.2% |
| 1990 | -29.30 million BoP, current US$ | +27.3% |
| 1991 | -20.01 million BoP, current US$ | -31.7% |
| 1992 | -5.85 million BoP, current US$ | -70.8% |
| 1993 | -8.36 million BoP, current US$ | +42.9% |
| 1994 | -4.88 million BoP, current US$ | -41.7% |
| 1995 | -4.78 million BoP, current US$ | -1.9% |
| 1996 | 5.34 million BoP, current US$ | -211.6% |
| 1997 | 8.16 million BoP, current US$ | +53.0% |
| 1998 | 14.55 million BoP, current US$ | +78.2% |
| 1999 | -16.09 million BoP, current US$ | -210.6% |
| 2000 | 9.91 million BoP, current US$ | -161.6% |
| 2001 | -11.80 million BoP, current US$ | -219.1% |
| 2002 | -16.19 million BoP, current US$ | +37.2% |
| 2003 | -14.95 million BoP, current US$ | -7.7% |
| 2004 | -18.15 million BoP, current US$ | +21.4% |
| 2005 | -27.95 million BoP, current US$ | +53.9% |
| 2006 | -35.29 million BoP, current US$ | +26.3% |
| 2007 | -32.67 million BoP, current US$ | -7.4% |
| 2008 | -176.88 million BoP, current US$ | +441.4% |
| 2009 | 7.58 million BoP, current US$ | -104.3% |
| 2010 | -42.95 million BoP, current US$ | -666.5% |
| 2011 | -54.48 million BoP, current US$ | +26.8% |
| 2012 | -42.68 million BoP, current US$ | -21.7% |
| 2013 | -25.59 million BoP, current US$ | -40.1% |
| 2014 | -37.92 million BoP, current US$ | +48.2% |
| 2015 | -188.08 million BoP, current US$ | +395.9% |
| 2016 | -138.61 million BoP, current US$ | -26.3% |
| 2017 | -137.69 million BoP, current US$ | -0.7% |
| 2018 | -132.85 million BoP, current US$ | -3.5% |
| 2019 | -165.67 million BoP, current US$ | +24.7% |
| 2020 | -305.43 million BoP, current US$ | +84.4% |
| 2021 | -438.31 million BoP, current US$ | +43.5% |
| 2022 | -427.26 million BoP, current US$ | -2.5% |
Vanuatu compared with similar countries
- Vanuatu's -427.26 million BoP, current US$ is above the median for lower middle income countries, which is -1.21 billion BoP, current US$, 35% of the median. (47 countries reporting)
- Vanuatu's -427.26 million BoP, current US$ is below the median for East Asia & Pacific, which is -105.08 million BoP, current US$, 4.1× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services in Vanuatu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | -666.5% | 7.58 million BoP, current US$ | -42.95 million BoP, current US$ |
| 1985 | -563.0% | 3.42 million BoP, current US$ | -15.83 million BoP, current US$ |
| 2008 | -441.4% | -32.67 million BoP, current US$ | -176.88 million BoP, current US$ |
| 2015 | -395.9% | -37.92 million BoP, current US$ | -188.08 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -14.79 million BoP, current US$ | -23.21 million BoP, current US$ | 3.42 million BoP, current US$ | 8 |
| 1990s | -6.12 million BoP, current US$ | -29.30 million BoP, current US$ | 14.55 million BoP, current US$ | 10 |
| 2000s | -31.64 million BoP, current US$ | -176.88 million BoP, current US$ | 9.91 million BoP, current US$ | 10 |
| 2010s | -96.65 million BoP, current US$ | -188.08 million BoP, current US$ | -25.59 million BoP, current US$ | 10 |
| 2020s | -390.33 million BoP, current US$ | -438.31 million BoP, current US$ | -305.43 million BoP, current US$ | 3 |
Countries ranked near Vanuatu
- 108 Comoros -355.58 million BoP, current US$ compare
- 109 Eritrea -402.03 million BoP, current US$ compare
- 110 Liberia -412.26 million BoP, current US$ compare
- 112 Burkina Faso -547.37 million BoP, current US$ compare
- 113 Bhutan -564.35 million BoP, current US$ compare
- 114 Fiji -604.27 million BoP, current US$ compare
More economy & growth data for Vanuatu
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.2699 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.49 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.79 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0021 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 8.5 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 28.86 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 211.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0222 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 88.05 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -4.52 % change on previous year (2024)
Frequently asked questions
- What is net trade in goods and services in Vanuatu?
- Net trade in goods and services in Vanuatu was -427.26 million BoP, current US$ in 2022, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Vanuatu?
- The highest recorded value was 14.55 million BoP, current US$ in 1998.
- What is the lowest net trade in goods and services recorded in Vanuatu?
- The lowest recorded value was -438.31 million BoP, current US$ in 2021.
- How does Vanuatu rank for net trade in goods and services?
- Vanuatu ranks 111th out of 200 countries with data for 2022.
- Is net trade in goods and services rising or falling in Vanuatu?
- Over the last ten years it is down 901.0%. The long-run trend across the full record is volatile.
- Where does this Vanuatu data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.