Tuvalu: Goods imports (current US$, BoP)

Key figures

What the numbers say

In 2023, Tuvalu's goods imports (current US$, BoP) rose 36.2% on 2022 (from US$25.77 million to US$35.1 million).

Across the 21 yearly changes before that (2002 to 2022), the average change was +11.5% and a typical year strayed about 52.2% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 146% in 2009 and the biggest yearly fall was 53.7% in 2002. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is upward, about US$1.5 million a year. A straight line explains 37% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Tuvalu had the 12th highest value of the 12 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Tuvalu in the 2023 ranking

• Sint Maarten (Dutch part) — 9th of 12: US$1.16 billion
• Comoros — 10th of 12: US$298.67 million
• Palau — 11th of 12: US$164.17 million

What this measures

Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. 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.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 23 values

Goods imports (current US$, BoP) in nearby economies

• Australia — US$308.66 billion (2025)
• Brunei Darussalam — US$6.28 billion (2025)
• Cambodia — US$36.93 billion (2025)
• China — US$2.69 trillion (2025)
• Fiji — US$2.86 billion (2024)
• French Polynesia — US$1.49 billion (2016)
• Hong Kong SAR, China — US$747.98 billion (2025)
• Indonesia — US$230.58 billion (2025)
• Japan — US$728.97 billion (2025)
• Kiribati — US$270.56 million (2025)
• Korea, Rep.

More economic policy & debt data for Tuvalu

• GDP (current US$) — US$57.35 million (2025)
• GDP (current LCU) — 89 million (2025)
• GDP (constant 2015 US$) — US$42.97 million (2025)
• GDP (constant LCU) — 62 million (2025)
• GDP per capita (current US$) — US$6,041 (2025)
• GDP per capita (current LCU) — 9,376 (2025)
• GDP per capita (constant 2015 US$) — US$4,527 (2025)
• GDP per capita (constant LCU) — 6,532 (2025)
• GNI (current US$) — US$93.35 million (2025)
• GNI (current LCU) — 144.89 million (2025)
• GNI per capita (current LCU) — 15,264 (2025)

Reading data like this

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Questions people ask

What is Tuvalu's goods imports (current US$, BoP)?

US$35.1 million in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2001?

It is up 109.71% from US$16.74 million in 2001 (3.42% a year on average, compounded). The highest value was US$35.1 million in 2023 and the lowest US$5.63 million in 2003.

How does Tuvalu rank?

12th highest of 12 economies with data for 2023.

Is the latest change in goods imports (current US$, BoP) unusual for Tuvalu?

In 2023, Tuvalu's goods imports (current US$, BoP) rose 36.2% on 2022 (from US$25.77 million to US$35.1 million). Across the 21 yearly changes before that (2002 to 2022), the average change was +11.5% and a typical year strayed about 52.2% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator BM.GSR.MRCH.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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