Trade Trend

In 2023, Samoa's total export value is 48.79Million USD, total import value is 613.59Million USD, Deficit is -564.80Million USD, and foreign trade dependency is 0.709. In 2023，Samoa's top export products are Electronic integrated circuits(11.72Million USD), Insulated wire, cable and other electric conductors, connector fitted or not; optical fibre cables of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors(5.26Million USD), Coconut (copra), palm kernel or babassu oil and their fractions; whether or not refined but not chemically modified(4.10Million USD), top export destinations are India(22.55Million USD), United States(7.01Million USD), New Zealand(4.33Million USD). In 2023, Samoa's top import products are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(81.26Million USD), Leather further prepared after tanning or crusting, including parchmentdressed leather, of bovine (including buffalo) or equine animals, without hair on, whether or not split, other than leather of heading 41.14(68.58Million USD), Hydrazine and hydroxylamine and their inorganic salts; other inorganic bases; other metal oxides, hydroxides and peroxides(24.90Million USD), top import origins are Vietnam(123.44Million USD), China(119.38Million USD), New Zealand(85.40Million USD).

Comparing to 2022, Samoa's total export value increased 2.75Million USD(5.96%) in 2023, this could result from its export increases of products such as Electronic integrated circuits(6.23Million USD or 113.53%), Aircraft n.e.c. in heading no. 8801, except unmanned aircraft of heading 8806, (e.g. helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles(2.68Million USD or 5.59Thousands%), Electric transformers, static converters (e.g. rectifiers) and inductors(1.25Million USD or 128.88%) and export increases to countries/economics such as India(11.22Million USD or 99.03%), Philippines(719.46Thousands USD or 3.71Thousands%), China(464.49Thousands USD or 49.14%). Comparing to 2022, Samoa's total import value increased 127.89Million USD(26.33%) in 2023, this could result from its import increases of products such as Yachts and other vessels; for pleasure or sports, rowing boats and canoes(11.55Million USD or 7.55Thousands%), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(6.34Million USD or 63.10%), Containers; (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport(5.97Million USD or 2.75Thousands%), and its import increases from countries/economies such as New Zealand(13.71Million USD or 19.12%), Australia(10.50Million USD or 34.34%), Belgium(5.61Million USD or 1.15Thousands%).

Cumulated to first 6 months of 2024, Samoa's total export value is 15.79Million USD, total import value is 248.94Million USD, and tradedeficit is -233.16Million USD. Cumulated to first 6 months of 2024, Samoa's top export products are Insulated wire, cable and other electric conductors, connector fitted or not; optical fibre cables of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors(3.03Million USD), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(2.15Million USD), Electronic integrated circuits(2.13Million USD), and top export destinations are India(4.24Million USD), Indonesia(3.86Million USD), New Zealand(2.12Million USD). Cumulated to first 6 months of 2024, Samoa's top import products are Insulated wire, cable and other electric conductors, connector fitted or not; optical fibre cables of individually sheathed fibres, whether or not assembled with electric conductors or fitted with connectors(3.03Million USD), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(2.15Million USD), Electronic integrated circuits(2.13Million USD), and top import origins areVietnam(56.56Million USD), China(41.60Million USD), New Zealand(36.89Million USD).