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Vanuatu: Merchandise exports to high-income economies (% of total merchandise exports)

In , Vanuatu's Merchandise exports to high-income economies (% of total merchandise exports) was 50.98.

That's up 7.1% from 2022, the highest value since .

The global average for this indicator in 2023 was 60.91 . Vanuatu ranks #136 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #22 of 36.

Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023

Trend (2004–2023)

Vanuatu Merchandise exports to high-income economies (% of total merchandise exports) 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
68.07
Trough
35.52
1-year change
+7.1%
5-year change
-13.9%
-2.9% / yr
10-year change
-23.8%
-2.7% / yr

Historical Data — Last 10 Years

Year Merchandise exports to high-income economies (% of total merchandise exports)
50.9804
47.6219
38.0084
46.1360
51.5792
59.2126
35.5249
68.0656
56.1947
59.4222

About Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Indicator code: TX.VAL.MRCH.HI.ZSCategory: Trade & Finance

Frequently asked questions

What was Vanuatu's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
In 2023, Vanuatu's Merchandise exports to high-income economies (% of total merchandise exports) was 50.98, according to World Bank Open Data.
Is Vanuatu's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
Vanuatu's Merchandise exports to high-income economies (% of total merchandise exports) rose 7.1% from 2022 to 2023.
How does Vanuatu rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
In 2023, Vanuatu ranked #136 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
How does Vanuatu's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Vanuatu is below the world average. Within East Asia & Pacific, it ranks #22 of 36.
What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
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Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.