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Tuvalu: Merchandise imports (current US$)

In , Tuvalu's Merchandise imports (current US$) was 25.00 million.

That's down 26.5% from 2022, the highest value since .

The global average for this indicator in 2023 was $119.47 billion .

Source: World Bank Open Data (TM.VAL.MRCH.CD.WT) • Data as of 2023

Trend (2005–2023)

Tuvalu Merchandise imports (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
37.00M
Trough
13.00M
1-year change
-26.5%
5-year change
+0.0%
+0.0% / yr
10-year change
+19.0%
+1.8% / yr

Historical Data — Last 10 Years

Year Merchandise imports (current US$)
25.000M
34.000M
34.000M
34.000M
33.000M
25.000M
27.000M
23.000M
37.000M
22.000M

About Merchandise imports (current US$)

Merchandise imports includes goods whose economic ownership is changed from a non-resident to a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Indicator code: TM.VAL.MRCH.CD.WTCategory: Trade & Finance

Frequently asked questions

What was Tuvalu's Merchandise imports (current US$) in 2023?
In 2023, Tuvalu's Merchandise imports (current US$) was 25.00 million, according to World Bank Open Data.
Is Tuvalu's Merchandise imports (current US$) rising or falling?
Tuvalu's Merchandise imports (current US$) fell 26.5% from 2022 to 2023.
How does Tuvalu's Merchandise imports (current US$) compare to the world average?
The global average for Merchandise imports (current US$) in 2023 was $119.47 billion, so Tuvalu is below the world average.
What is Merchandise imports (current US$) and how is it measured?
Merchandise imports includes goods whose economic ownership is changed from a non-resident to a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
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Source: World Bank Open Data (TM.VAL.MRCH.CD.WT), CC BY 4.0.