Tuvalu

Tuvalu

Global Trade Profile β€’ Rank #202 Exporter

$52.32M

Total Exports (2023)

$98.98M

Total Imports (2023)

$46.66M

Trade Deficit

#202

Export Ranking

Trade Flow Visualization

Interactive map showing Tuvalu's top trading partners. Green lines represent exports, red lines represent imports.

#202

Export Rank

$52.32M

Total Exports

$98.98M

Total Imports

-$46.66M

Trade Balance

34

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Fish: frozen, skipjack or stripe-bellied bonito, e...
67.6%$35.37M
#2Fish: frozen, yellowfin tunas (Thunnus albacares),...
23.6%$12.35M
#3Fish: frozen, bigeye tunas (Thunnus obesus), exclu...
3.2%$1.69M
#4Fish fillets: frozen, tunas (of the genus Thunnus)...
1.5%$800,859
#5Communication apparatus (excluding telephone sets ...
1.2%$632,124
#6Reception apparatus for television, whether or not...
0.5%$255,257
#7Carbonates: potassium carbonate
0.3%$139,213
#8Plastics: plates, sheets, film, foil and strip, of...
0.2%$105,743
#9Coin (other than gold coin), not being legal tende...
0.2%$91,931
#10Nitrile-function compounds: n.e.c. heading no. 292...
0.2%$86,269

πŸ“₯ Top Import Sources

Top Import Products

#1Petroleum oils and oils from bituminous minerals, ...
19.7%$19.46M
#2Vessels: n.e.c. in heading no. 8901, for the trans...
16.7%$16.56M
#3Cruise ships, excursion boats and similar vessels,...
8.2%$8.09M
#4Tugs and pusher craft
4.7%$4.60M
#5Iron or steel: structures and parts thereof, n.e.c...
3.1%$3.06M
#6Tools, hand: other hand tools (including glaziers ...
2.5%$2.45M
#7Fish: frozen, skipjack or stripe-bellied bonito, e...
1.7%$1.67M
#8Sugars: cane sugar, raw, in solid form, as specifi...
1.6%$1.59M
#9Iron or steel: structures and parts thereof, props...
1.4%$1.38M
#10Iron or steel: articles n.e.c. in heading 7326
1.2%$1.20M

πŸ“ˆ Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

πŸ“ˆ

Trend Direction

Tuvalu Trade Analysis 2023

πŸ“Š Overview

#202
Global Export Rank
151.30M
Total Trade Volume
0.00%
Share of Global Trade

Tuvalu stands as the world's #202 largest exporter and #212 largest importer, demonstrating emerging market dynamics.

The trade profile reveals a deficit of 46.66 million, reflecting import dependencies for growth.

⚠️
Trade deficit of 47.1% of imports requires careful management of external financing.
52.32M
Total Exports
98.98M
Total Imports
0.53
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $12.61M, generating continuous economic activity across logistics, finance, and trade services.

🚒 Export Markets

Thailand
Japan
Philippines
Ireland
USA
Others

Export Market Concentration

87.7%
$45.90M
5.6%$2.95M
2.6%$1.37M
1.1%$587,633
0.9%$472,479
0.6%$331,418
0.3%$176,284
13 others
0.9%$493,347

Export concentration shows Thailand as the dominant market at 87.7%. The top three markets control 96.0% of exports.

⚠️

Market Concentration Risk

Heavy reliance on Thailand (87.7% of exports) creates vulnerability to bilateral tensions or economic downturns in that market.
98.0%
Top 5 Markets
99.5%
Top 10 Markets
20
Total Partners

Regional patterns reveal globally balanced access. Secondary markets (Australia, Italy, Slovenia) provide $776,753 in additional trade.

πŸ“¦ Import Sources

Import Source Concentration

42.3%
$41.90M
23.7%
$23.42M
11.1%$10.95M
10.8%$10.71M
3.9%$3.82M
2.8%$2.75M
1.7%$1.69M
13 others
3.3%$3.26M

Tuvalu relies heavily on China for imports (42.3%),creating supply chain concentration risk.

Manufacturing inputs come primarily from China, Indonesia, Malaysia, Thailand, reflecting deep integration into Asian production networks. China's dominant position at 41.90 million encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The USA provides 303.55 thousand (0.3%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 97.6% of total imports, with the remaining 2% distributed among 10 other suppliers.

Regional sourcing patterns reveal strong ASEAN integration with 4 Southeast Asian nations providing 930.41 thousand (0.9%) of imports. European suppliers including Belgium (516,873) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with Thailand, Indiaemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

πŸ“¦ Product Composition

πŸš€ Export Products

Top Export Products

frozen, skipjack or stripe-bellied bonito, excludi...
67.6%
$35.37M
frozen, yellowfin tunas (Thunnus albacares), exclu...
23.6%
$12.35M
frozen, bigeye tunas (Thunnus obesus), excluding f...
3.2%$1.69M
frozen, tunas (of the genus Thunnus), skipjack or ...
1.5%$800,859
machines for the reception, conversion and transmi...
1.2%$632,124
3 others
1.0%$500,213

Tuvalu's export economy centers on diversified industrial production, with the leading export being frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99at $35.37 million, accounting for 67.6% of total exports.

Electronics, semiconductors, and machinery contribute 1.13 million or 2.2% of exports.

The automotive sector's dominance is evident in the export portfolio, with . This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 2 categories specifically related to alternative propulsion systems, totaling $85,416.

Beyond automotive, Tuvalu maintains strong positions in industrial machinery (1 categories totaling 57,529), electronic components (1.07M), and Fish.

The top 20 export products collectively account for 99.3% of total exports, revealing moderate concentration with room for further diversification.

πŸ›’ Import Products

Top Import Products

preparations n.e.c. containing by weight 70% or mo...
19.7%
$19.46M
n.e.c. in heading no. 8901, for the transport of g...
16.7%
$16.56M
Cruise ships, excursion boats and similar vessels,...
8.2%$8.09M
Tugs and pusher craft
4.7%$4.60M
structures and parts thereof, n.e.c. in heading 73...
3.1%$3.06M
3 others
5.8%$5.72M

Energy dominates Tuvalu's import profile, with fossil fuels accounting for 19.46 million or 19.7% of total imports. Crude oil leads at 19.46 million (19.7%), followed by natural gas and coal. This energy import dependency shapes economic policy, inflation dynamics, and strategic relationships with supplier nations.

πŸ”‘

Key Finding: Energy Dependency

Energy imports of $19.46M account for 19.7% of all imports, making Tuvalu vulnerable to global energy price fluctuations and supply disruptions.

Beyond energy, critical imports include n.e.c. in heading no. 8901, for the tran... (16.56M, 16.7%), Cruise ships, excursion boats and simila... (8.09M, 8.2%), Tugs and pusher craft (4.60M, 4.7%), structures and parts thereof, n.e.c. in ... (3.06M, 3.1%), other hand tools (including glaziers dia... (2.45M, 2.5%).Electronic components and devices total 1.43 million (1.4% of imports), supporting domestic manufacturing and assembly operations. Pharmaceutical products represent 858.46 thousand (0.9%), reflecting healthcare sector demands.

The import product mix reveals structural characteristics of Tuvalu's economy: integration into global electronics supply chains, food security dependencies, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (6 : 14among top 20 products) indicates balanced import composition. Import substitution potential exists in technology sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 9 primary products to 7 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests strong potential for diversification into adjacent sophisticated products.

βš–οΈ Trade Balance Dynamics

-46.66 million
Trade Deficit β€’ 30.84% of total trade
PartnerExportsImportsBalance
Thailand$45.90M$126,175+$45.77M
China$0$41.90M$-41.90M
Fiji$74,656$23.42M$-23.34M
Japan$2.95M$10.95M$-7.99M
Australia$331,418$10.71M$-10.37M

Export-to-import ratio of 0.529 means exports cover 52.9% of import costs.

πŸ”— Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
Thailand$45.90M$126,175+$45.77M
China$0$41.90M$-41.90M
Fiji$74,656$23.42M$-23.34M
Japan$2.95M$10.95M$-7.99M
Australia$331,418$10.71M$-10.37M
New Zealand$0$3.82M$-3.82M
Spain$5,546$2.75M$-2.74M
Other Asia, nes$0$1.69M$-1.69M
Total$49.26M$95.35M$-46.09M

The Tuvalu-Thailand relationship leads at 46.03 million in bilateral trade.View detailed analysis β†’

Additional major partnerships include Fiji (23.49M total trade), Japan (13.90M total trade), Australia (11.04M total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationshipsβ€”146.76M across top 10 partnersβ€”provides resilience against bilateral tensions and regional disruptions.

πŸ† Competitive Position

Global rankings position Tuvalu as the #202 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.001%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of primary commodities, indicates potential for value chain upgrading. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Tuvalu's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly infrozen, skipjack or strip, frozen, yellowfin tunas (, frozen, bigeye tunas (Thu. The revealed comparative advantage is strongest in product categories representing94.4% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 46.66M, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in essential commodities.

Vulnerabilities include excessive reliance on single export markets. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with Austria, Norway, Sweden, developing new product capabilities in higher technology sectors, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Tuvalu's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Tuvalu's position as the world's #202 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026