Foreign Trade

The International Merchandise Trade (IMTS) statistics provides information on Tuvalu’s exports, re-exports and imports of goods between Tuvalu, and the rest of the world. The administrative data used to compile the release is supplied by the Tuvalu Customs department through the online ASYCUDA system.

The Tuvalu CSD compiles the IMTS reports on a quarterly basis with the aim of providing users with relevant trade data that can be applied to develop better planning and consult trade deals in order to develop progress on relevant trade policies.

Imports

In the first biannual of 2024, Total Imports peaked in February at approximately $7.95 million, while its lowest value was recorded in May with an estimate of $3.52 million. The main contributors to the import rise in February 2023 were;

• Mineral Products ($7.28 million)
• Machinery & mechanical & electrical appliances & parts thereof ($5.36 million)
• Prepared foodstuffs, beverages, spirits & tobacco ($4.14 million)

Exports

From January to June 2024, the highest export was recorded in January 2024 with approximately $20.4 thousand, while its lowest was recorded in April 2024 at $485 total exports. The main contributor to the rise in January 2024 was Base metals & articles thereof ($20.4 million)

Balance of Trade

Tuvalu’s lowest monthly Trade Balance was recorded in May 2024 as $3.52 million deficit whereas in February 2024, Tuvalu recorded its greatest deficit of $7.95 million. In June 2024, Tuvalu’s trade balance stood at a deficit of $4.23 million.

Trade Markets

Trade by Partner Country indicates a prominent trade link between Tuvalu and its Pacific neighboring countries – approximately 78% or $26.04 million of total imports were from Australia (22%), Fiji (53%) and New Zealand(3%), meanwhile 100% of total exports were exported to Fiji.

For more information, click the buttons below to download the IMTS Report and IMTS Release Tables.