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Sep 5, 2023 · Data source: U.S. Energy Information Administration, Form EIA-63B, Annual and Monthly Photovoltaic Module Shipments Report Note: Includes both U.S. shipments and exports.
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6 Frequently Asked Questions about “Vanuatu import and export of photovoltaic modules”
How much did Vanuatu export in 2022?
According to figures from the WTO, Vanuatu exported USD 61 million worth of goods in 2022 and imported USD 484 million (+12.9% and +42.7% year-on-year, respectively). The overall trade deficit was estimated at 38.9% of GDP in 2022 by the World Bank, up from 42.1% one year earlier.
What is Vanuatu services export & import?
Vanuatu services export is in BoP, current US$ and services import is in Bop, current US$.Vanuatu exports of goods and services as percentage of GDP is 15.24% and imports of goods and services as percentage of GDP is 54.43%. Vanuatu Trade Statistics including exports and imports by partner and products, tariffs and relevant development indicators.
How important is trade in Vanuatu?
Trade is essential to Vanuatu's economy and represents around 69% of the country's GDP according to the World Bank's collection of development indicators. The country is a member of WTO since 2012.
Why does Vanuatu have a trade deficit?
The archipelago imports more than it exports, which creates a structural trade deficit, a trend that has worsened since the economic slowdown and the damage caused by recent cyclones which Vanuatu still has to fully recover from.
What is the GDP of Vanuatu?
GDP of Vanuatu is 983,582,864.56 in current US$. Vanuatu services export is in BoP, current US$ and services import is in Bop, current US$.Vanuatu exports of goods and services as percentage of GDP is 15.24% and imports of goods and services as percentage of GDP is 54.43%.
Which countries export fish to Vanuatu?
The most recent exports are led by Non-fillet Frozen Fish ($120M), Perfume Plants ($22.1M), Passenger and Cargo Ships ($18.9M), Fish Fillets ($9.04M), and Special Purpose Ships ($7.49M). The most common destination for the exports of Vanuatu are Thailand ($96M), Japan ($37.1M), Cote d'Ivoire ($18.8M), China ($13.9M), and United States ($6.49M).