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2022
Flag → Flag
Exports $1.24MRnk 11 / 66
2022
Flag → Flag
Top Product $1.24MNon-fillet Frozen Fish
2022
Flag → Flag
Exports $6.32kRnk 44 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$984MCURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP GROWTH31.5%CURRENT US$
Rnk 95 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC $3,010CURRENT US$
Rnk 134 / 186
2012-2022
Flag
GDP PC GROWTH3.58%CURRENT US$
Rnk 133 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Vanuatu-Ecuador Trade: In 2022, Vanuatu exported $1.24M to Ecuador. The main products that Vanuatu exported to Ecuador were Non-fillet Frozen Fish ($1.24M), Electric Soldering Equipment ($113), and Other Electrical Machinery ($73). Over the past 7 years the exports of Vanuatu to Ecuador have increased at an annualized rate of 90.2%, from $13.8k in 2015 to $1.24M in 2022.

In 2022, Vanuatu did not export any services to Ecuador.

Ecuador-Vanuatu Trade: In 2022, Ecuador exported $6.32k to Vanuatu. The main products that Ecuador exported to Vanuatu were N/A. Over the past 7 years the exports of Ecuador to Vanuatu have increased at an annualized rate of 7.93%,  from $4.32k in 2015 to $6.32k in 2022.

In 2022, Ecuador did not export any services to Vanuatu.

Comparison In 2022,  Vanuatu ranked 186 in total exports ($205M), and does not have data regarding Economic Complexity Index. That same year, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vanuatu exported $1.24M to Ecuador. The main products exported from Vanuatu to Ecuador were Non-fillet Frozen Fish ($1.24M), Electric Soldering Equipment ($113), and Other Electrical Machinery ($73). During the last 7 years the exports of Vanuatu to Ecuador have increased at an annualized rate of 90.2%, from $13.8k in 2015 to $1.24M in 2022.

In 2003, Ecuador exported $6.32k to Vanuatu. There were not main exports from Ecuador to Vanuatu in 2003. During the last 5 years the exports of Ecuador to Vanuatu have increased at an annualized rate of 7.93%, from $4.32k in 2008 to $6.32k in 2003.

Exports from Vanuatu (Flag) to Ecuador (Flag) (2022)

Exports from Ecuador (Flag) to Vanuatu (Flag) (2022)

Market Competitiveness

Color
Vanuatu
Top DestinationThailand$86.1M
Ecuador
Top DestinationUnited States$9.86B

This map shows whether countries import more from Vanuatu or Ecuador. Each country is colored based on the difference in imports they receive from Vanuatu and Ecuador or the difference in the growth in imports.

In 2022, countries that imported more from Vanuatu than Ecuador included Fiji ($6.36M) and Thailand ($86.1M).

In 2022, countries that imported more from Ecuador than Vanuatu included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

Difference in imports from Ecuador (Flag) and Vanuatu (Flag) (2022)

Comparative Advantage Vanuatu - Ecuador

Flow
Scale

This chart compares trade between Vanuatu and Ecuador by product, considering products traded by both, Vanuatu and Ecuador.

During 2022, Vanuatu had a large net trade with Ecuador in the exports of Animal Products ($1.24M), Machines ($196), and Instruments ($64).

During 2003, Ecuador had a large net trade with Vanuatu in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Vanuatu and Ecuador. This means that a dot/product with the flag of Vanuatu indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Vanuatu.

Product Space of Vanuatu (Flag) and Ecuador (Flag) (2022)

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