Contact Contacts
Trade openness — all countries

Trade openness — Vanuatu

Trade openness in Vanuatu in 2024 — 73.38%. Ranked 101 in the world out of 172. Since 1980, the indicator has risen by 3.25 pp.

2024 73.38% −4.68 pp vs 2023
World rank 101of 172
Period maximum 113.67%1983
Period minimum 60.14%2021

Trend over time

1980–2024 · % of GDP

Trade openness — Vanuatu, 1980–2024608010012019801985199019952000200520102015202020241980: 70.13%1981: 68.66%1982: 75.48%1983: 113.67%1984: 112.51%1985: 110.53%1986: 93.43%1987: 93.84%1988: 89.71%1989: 94.09%1990: 112.58%1991: 94.22%1992: 94.64%1993: 94.97%1994: 92.87%1995: 91.96%1996: 92.94%1997: 96.2%1998: 94.74%1999: 91.23%2000: 87.16%2001: 87.77%2002: 91.7%2003: 91.57%2004: 98.71%2005: 100.17%2006: 89.54%2007: 90.17%2008: 105.77%2009: 108.49%2010: 103.82%2011: 97%2012: 104.45%2013: 93.46%2014: 91.39%2015: 92.54%2016: 93.29%2017: 90.07%2018: 89.68%2019: 85.29%2020: 65.48%2021: 60.14%2022: 70.47%2023: 78.06%2024: 73.38%
Change over the period: +3.25 pp Annual average: 0.07 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Vanuatu

Vanuatu 73.38%
World 56.72%
East Asia & Pacific 58.36%
Melanesia computed 76.25%
Lower-middle-income countries computed 57.49%
Trade openness — Vanuatu, by year Vanuatu All countries CSV XLSX
Year % Change, pp
2024 73.38 −4.68 pp
2023 78.06 +7.59 pp
2022 70.47 +10.33 pp
2021 60.14 −5.34 pp
2020 65.48 −19.81 pp
2019 85.29 −4.39 pp
2018 89.68 −0.39 pp
2017 90.07 −3.23 pp
2016 93.29 +0.75 pp
2015 92.54 +1.15 pp
2014 91.39 −2.07 pp
2013 93.46 −10.99 pp
2012 104.45 +7.45 pp
2011 97 −6.82 pp
2010 103.82 −4.67 pp
2009 108.49 +2.71 pp
2008 105.77 +15.6 pp
2007 90.17 +0.63 pp
2006 89.54 −10.63 pp
2005 100.17 +1.47 pp
2004 98.71 +7.14 pp
2003 91.57 −0.13 pp
2002 91.7 +3.93 pp
2001 87.77 +0.62 pp
2000 87.16 −4.08 pp
1999 91.23 −3.51 pp
1998 94.74 −1.46 pp
1997 96.2 +3.26 pp
1996 92.94 +0.98 pp
1995 91.96 −0.91 pp
1994 92.87 −2.1 pp
1993 94.97 +0.33 pp
1992 94.64 +0.42 pp
1991 94.22 −18.35 pp
1990 112.58 +18.48 pp
1989 94.09 +4.38 pp
1988 89.71 −4.13 pp
1987 93.84 +0.41 pp
1986 93.43 −17.1 pp
1985 110.53 −1.98 pp
1984 112.51 −1.17 pp
1983 113.67 +38.19 pp
1982 75.48 +6.82 pp
1981 68.66 −1.47 pp
1980 70.13 —

Melanesia, 2024

The same indicator for neighboring countries — with links to their pages

FJ Fiji 118.96 SB Solomon Islands 111.35 VU Vanuatu 73.38 NC New Caledonia 40.37
Full table for all countries

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Vanuatu

Trade Merchandise trade (% of GDP)

Merchandise exports plus imports as a percent of GDP — without services.

Vanuatu by year Trade Exports (% of GDP)

How far the economy is oriented toward external markets.

Vanuatu by year Trade Imports (% of GDP)

How far the economy depends on supplies from abroad.

Vanuatu by year Trade Trade balance

The difference between exports and imports of goods and services. A minus means imports are larger.

Vanuatu by year
All indicators for Vanuatu