Tuvalu CSD has updated statistics on births and deaths, migration, balance of payments report and summary, international trade report and tables, and has also published the 2021 Biannual 2 report. CSD has released a report in International Merchandise Trade Statistics (IMTS) for the second half (Q3 and Q4) of the year 2020.
The main contributor to the rise in January 2024 was Base metals & articles thereof ($20.4 million) 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.
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.
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;
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.
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