New Zealand-Vanuatu Bilateral Trade Analysis 2023
Complete trade statistics: $38.66M total volume •New Zealand surplus: $37.07M
New Zealand → Vanuatu
$37.86M
Exports (2023)
Vanuatu → New Zealand
$796,842
Imports (2023)
Trade Balance
$37.07M
Surplus for New Zealand
Total Trade
$38.66M
Combined Volume
Trade Flow Visualization
Direct trade relationship between New Zealand and Vanuatu. Green line shows exports from New Zealand, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the New Zealand-Vanuatu commercial relationship and competitive positioning in global markets.
New Zealand → Vanuatu Exports
Export Market Intelligence
🎯 Strategic Export Focus
New Zealand's export portfolio to Vanuatu demonstrates strategic specialization, with wood: coniferous species, of pine (pinus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm representing a key competitive advantage in this bilateral market.
Vanuatu → New Zealand Imports
Import Dependency Profile
📦 Import Strategy Analysis
New Zealand's import pattern from Vanuatu reveals significant dependencyin plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
New Zealand demonstrates competitive strength in exportingwood: coniferous species, of pine (pinus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm to Vanuatu, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $38.66M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: New Zealand-Vanuatu Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $38.66 millionrepresenting a significant bilateral economic relationship
- Trade Balance: New Zealand maintains a surplus of $37.07 million
- Export Focus: New Zealand's primary exports include wood: coniferous species, of pine (pinus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm, telephones for cellular networks or for other wireless networks, iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically)
- Import Dependencies: Key imports from Vanuatu include plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered, fruit, edible: lemons (citrus limon, citrus limonum), limes (citrus aurantifolia , citrus latifolia), fresh or dried, cocoa beans: whole or broken, raw or roasted
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $38.66M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with New Zealand leveraging its comparative advantages in wood: coniferous species, of pine (pinus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
New Zealand's specialization in wood: coniferous species, of pine (pinus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mmcomplements Vanuatu's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $38.66M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $38.66M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $38.66 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in wood: coniferous species, of pine (pinus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm and plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
New Zealand's trade surplus of $37.07 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between New Zealand and Vanuatu represents a total trade volume of $38.66 million in 2023. This partnership demonstrates a favorable trade balance for New Zealand, with exports exceeding importsby $37.07 million.
Export Strengths
New Zealand's exports to Vanuatu total $37.86 million, with competitive advantages in wood: coniferous species, of pine (pinus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm, representing $3.96M or10.5% of bilateral exports.
Import Dependencies
Imports from Vanuatu amount to $796.84 thousand, highlighting economic interdependence in plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered, with Plants and parts (including seeds and fruits) n.e.c. in heading no. 1211, of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered comprising70.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates New Zealand's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between New Zealand and Vanuatu in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023