Vanuatu-Spain Bilateral Trade Analysis 2023
Complete trade statistics: $1.32M total volume •Vanuatu surplus: $1.32M
Vanuatu → Spain
$1.32M
Exports (2023)
Spain → Vanuatu
$0
Imports (2023)
Trade Balance
$1.32M
Surplus for Vanuatu
Total Trade
$1.32M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Vanuatu and Spain. Green line shows exports from Vanuatu, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Vanuatu-Spain commercial relationship and competitive positioning in global markets.
Vanuatu → Spain Exports
Export Market Intelligence
🎯 Strategic Export Focus
Vanuatu's export portfolio to Spain demonstrates strategic specialization, 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 representing a key competitive advantage in this bilateral market.
Spain → Vanuatu Imports
Import Dependency Profile
📦 Import Strategy Analysis
Vanuatu's import pattern from Spain reveals significant dependencyin perfumes and toilet waters, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Vanuatu demonstrates competitive strength in exportingplants 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 to Spain, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $1.32M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Vanuatu-Spain Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $1.32 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Vanuatu maintains a surplus of $1.32 million
- Export Focus: Vanuatu's primary exports 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, footwear: n.e.c. in heading no. 6403, covering the ankle, outer soles of rubber, plastics or composition leather, uppers of leather, sports footwear: tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials
- Import Dependencies: Key imports from Spain include perfumes and toilet waters, pumps: fitted or designed to be fitted with a measuring device, for dispensing fuel or lubricants, of the type used in filling-stations or in garages, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
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 $1.32M 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 Vanuatu leveraging its comparative advantages 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.
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
Vanuatu's specialization 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 powderedcomplements Spain's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in perfumes and toilet waters.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $1.32M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $1.32M 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 $1.32 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows 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 and perfumes and toilet waters demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Vanuatu's trade surplus of $1.32 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 Vanuatu and Spain represents a total trade volume of $1.32 million in 2023. This partnership demonstrates a favorable trade balance for Vanuatu, with exports exceeding importsby $1.32 million.
Export Strengths
Vanuatu's exports to Spain total $1.32 million, with competitive advantages 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, representing $1.32M or99.9% of bilateral exports.
Import Dependencies
Imports from Spain amount to $0.00, highlighting economic interdependence in perfumes and toilet waters, with Perfumes and toilet waters comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Vanuatu'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 Vanuatu and Spain in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023