[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · TUV · 2024
Tuvalu trade profile
In 2024, Tuvalu recorded $73.8M in merchandise exports and $109.3M in imports, producing a $35.5M trade deficit. Exports changed +43.0% from the previous year, while imports changed -23.0%.[1]
Exports
$73.8M
+43.0%
Imports
$109.3M
-23.0%
Trade balance
-$35.5M
deficit
Active partners
270
13 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$54.3M
HS 03 · HS chapter
21 active HS6 lines · 6 export partners
2$18.2M
HS 89 · HS chapter
9 active HS6 lines · 2 export partners
3$490.1K
HS 85 · Electrical machinery
140 active HS6 lines · 23 export partners
4$317.1K
HS 73 · HS chapter
72 active HS6 lines · 10 export partners
5$124.8K
HS 84 · Machinery
189 active HS6 lines · 15 export partners
6$105.9K
HS 05 · HS chapter
1 active HS6 lines · 1 export partners
7$76.8K
HS 87 · Vehicles
41 active HS6 lines · 9 export partners
8$70.9K
HS 71 · Precious metals and stones
8 active HS6 lines · 8 export partners
Leading export markets
Destinations rank bilateral export flows from Tuvalu; growth describes each corridor rather than the whole economy.
1$67.8M
Thailand
Annual change +61.1% · 3-year CAGR -14.1%
2$2.6M
Philippines
Annual change +134.4% · 3-year CAGR -9.2%
3$1.3M
South Korea
Annual change -63.2% · 3-year CAGR 12.0%
4$660.6K
Ecuador
Annual change +939.7% · 3-year CAGR 1273.7%
5$310.4K
France
Annual change +13021.9% · 3-year CAGR 203.2%
6$183.7K
Czechia
Annual change +186.3% · 3-year CAGR 43.5%
7$159.8K
Portugal
Annual change +179675.0% · 3-year CAGR 1072.1%
8$158.3K
United States
Annual change -68.5% · 3-year CAGR 19.0%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.