Net trade in goods in Vanuatu
Vanuatu: Net trade in goods was -276.14 million BoP, current US$ in 2022. ◆ Volatile
Latest (2022)
-276.14 million BoP, current US$
Change on year
down 14.4%
World rank
86th
of 200 countries
All-time high
-18.94 million BoP, current US$
in 1984
All-time low
-276.14 million BoP, current US$
in 2022
Years of data
41
1982–2022
Net trade in goods in Vanuatu, 1982–2022
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods in Vanuatu is -276.14 million BoP, current US$, measured in 2022. That is the lowest value across all 41 years on record.
Compared with earlier readings it is down 14.4% on the previous year and down 39.1% over ten years.
Over the whole period, net trade in goods in Vanuatu peaked at -18.94 million BoP, current US$ in 1984 and was at its lowest, -276.14 million BoP, current US$, in 2022.
That places Vanuatu 86th out of 200 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods in Vanuatu, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1982 | -32.60 million BoP, current US$ | — |
| 1983 | -27.90 million BoP, current US$ | -14.4% |
| 1984 | -18.94 million BoP, current US$ | -32.1% |
| 1985 | -33.62 million BoP, current US$ | +77.5% |
| 1986 | -37.99 million BoP, current US$ | +13.0% |
| 1987 | -43.36 million BoP, current US$ | +14.1% |
| 1988 | -42.50 million BoP, current US$ | -2.0% |
| 1989 | -44.18 million BoP, current US$ | +3.9% |
| 1990 | -65.61 million BoP, current US$ | +48.5% |
| 1991 | -59.15 million BoP, current US$ | -9.8% |
| 1992 | -48.99 million BoP, current US$ | -17.2% |
| 1993 | -47.28 million BoP, current US$ | -3.5% |
| 1994 | -49.58 million BoP, current US$ | +4.9% |
| 1995 | -51.16 million BoP, current US$ | +3.2% |
| 1996 | -50.91 million BoP, current US$ | -0.5% |
| 1997 | -43.67 million BoP, current US$ | -14.2% |
| 1998 | -42.44 million BoP, current US$ | -2.8% |
| 1999 | -58.80 million BoP, current US$ | +38.5% |
| 2000 | -49.74 million BoP, current US$ | -15.4% |
| 2001 | -58.07 million BoP, current US$ | +16.7% |
| 2002 | -58.24 million BoP, current US$ | +0.3% |
| 2003 | -64.97 million BoP, current US$ | +11.5% |
| 2004 | -74.85 million BoP, current US$ | +15.2% |
| 2005 | -93.03 million BoP, current US$ | +24.3% |
| 2006 | -109.86 million BoP, current US$ | +18.1% |
| 2007 | -142.93 million BoP, current US$ | +30.1% |
| 2008 | -275.89 million BoP, current US$ | +93.0% |
| 2009 | -131.93 million BoP, current US$ | -52.2% |
| 2010 | -195.03 million BoP, current US$ | +47.8% |
| 2011 | -192.72 million BoP, current US$ | -1.2% |
| 2012 | -198.53 million BoP, current US$ | +3.0% |
| 2013 | -228.94 million BoP, current US$ | +15.3% |
| 2014 | -205.97 million BoP, current US$ | -10.0% |
| 2015 | -269.14 million BoP, current US$ | +30.7% |
| 2016 | -270.40 million BoP, current US$ | +0.5% |
| 2017 | -256.06 million BoP, current US$ | -5.3% |
| 2018 | -239.68 million BoP, current US$ | -6.4% |
| 2019 | -224.04 million BoP, current US$ | -6.5% |
| 2020 | -207.51 million BoP, current US$ | -7.4% |
| 2021 | -241.48 million BoP, current US$ | +16.4% |
| 2022 | -276.14 million BoP, current US$ | +14.4% |
Vanuatu compared with similar countries
- Vanuatu's -276.14 million BoP, current US$ is above the median for lower middle income countries, which is -756.75 million BoP, current US$, 36% of the median. (47 countries reporting)
- Vanuatu's -276.14 million BoP, current US$ is below the median for East Asia & Pacific, which is -98.47 million BoP, current US$, 2.8× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -35.14 million BoP, current US$ | -44.18 million BoP, current US$ | -18.94 million BoP, current US$ | 8 |
| 1990s | -51.76 million BoP, current US$ | -65.61 million BoP, current US$ | -42.44 million BoP, current US$ | 10 |
| 2000s | -105.95 million BoP, current US$ | -275.89 million BoP, current US$ | -49.74 million BoP, current US$ | 10 |
| 2010s | -228.05 million BoP, current US$ | -270.40 million BoP, current US$ | -192.72 million BoP, current US$ | 10 |
| 2020s | -241.71 million BoP, current US$ | -276.14 million BoP, current US$ | -207.51 million BoP, current US$ | 3 |
Countries ranked near Vanuatu
- 83 Kiribati -253.03 million BoP, current US$ compare
- 84 Slovakia -261.32 million BoP, current US$ compare
- 85 Comoros -266.61 million BoP, current US$ compare
- 87 Saint Kitts and Nevis -401.63 million BoP, current US$ compare
- 88 Saint Vincent and the Grenadines -405.79 million BoP, current US$ compare
- 89 Samoa -415.84 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$), annual growth rate -4.52 % change on previous year (2024)
Frequently asked questions
- What is net trade in goods in Vanuatu?
- Net trade in goods in Vanuatu was -276.14 million BoP, current US$ in 2022, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Vanuatu?
- The highest recorded value was -18.94 million BoP, current US$ in 1984.
- What is the lowest net trade in goods recorded in Vanuatu?
- The lowest recorded value was -276.14 million BoP, current US$ in 2022.
- How does Vanuatu rank for net trade in goods?
- Vanuatu ranks 86th out of 200 countries with data for 2022.
- Is net trade in goods rising or falling in Vanuatu?
- Over the last ten years it is down 39.1%. 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 (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. 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.