Flag Thailand / Kiribati Flag

2019
Flag β†’ Flag  
Exports
: $2.85M, Rnk 179 / 217

2019
Flag β†’ Flag
Top Product
: $1.4M, Raw Sugar

2019
Flag β†’ Flag
Exports
: $46M, Rnk 1 / 35

2019
Flag β†’ Flag
Top Product
: $46M, Non-fillet Frozen Fish

2019
Flag
Economic Complexity (ECI)
: ECI 1.05, Rnk 31 / 157

2019
Flag  
GDP
: $544B, CURRENT US$
Rnk 22 / 187

2009-2019
Flag
GDP GROWTH
: 92.9%, CURRENT US$
Rnk 35 / 187

2019
Flag
 GDP
: $195M, CURRENT US$
Rnk 185 / 187

2009-2019
Flag
GDP GROWTH
: 47%, CURRENT US$
Rnk 97 / 187

2019
Flag
GDP PC 
: $7,807, CURRENT US$
Rnk 84 / 187

2009-2019
Flag
GDP PC GROWTH
: 85.3%, CURRENT US$
Rnk 22 / 187

2019
Flag
GDP PC 
: $1,655, CURRENT US$
Rnk 149 / 187

2009-2019
Flag
GDP PC GROWTH
: 26.1%, CURRENT US$
Rnk 99 / 187

Thailand-Kiribati: In 2019, Thailand exported $2.85M to Kiribati. The main products that Thailand exported to Kiribati are Raw Sugar ($1.4M), Salt ($483k), and Pasta ($210k). During the last 24 years the exports of Thailand to Kiribati have increased at an annualized rate of 12.4%, from $171k in 1995 to $2.85M in 2019.

In 2019, Thailand did not exported services to Kiribati.

Kiribati-Thailand: In 2019, Kiribati exported $46M to Thailand . The main products that Kiribati exported to Thailand were Non-fillet Frozen Fish ($46M), Time Switches ($4), and Iron Housewares ($2). During the last 24 years the exports of Kiribati to Thailand have increased at an annualized rate of 1.81%, from $29.9M in 1995 to $46M in 2019.

In 2019, Kiribati did not exported services to Thailand.

Comparison: In 2019,  Thailand ranked 31 in the Economic Complexity Index (ECI 1.05),  and 23 in total exports ($249B). That same year, Kiribati ranked 192 in total exports ($86.3M), and does not have data regarding Economic Complexity Index.

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2019, Thailand exported $2.85M to Kiribati. The main products exported from Thailand to Kiribati were Raw Sugar ($1.4M), Salt ($483k), and Pasta ($210k). During the last 24 years the exports of Thailand to Kiribati have increased at an annualized rate of 12.4%, from $171k in 1995 to $2.85M in 2019.

In 2019, Kiribati exported $46M to Thailand. The main products exported from Kiribati to Thailand were Non-fillet Frozen Fish ($46M), Time Switches ($4), and Iron Housewares ($2). During the last 22 years the exports of Kiribati to Thailand have increased at an annualized rate of 1.81%, from $29.9M in 1997 to $46M in 2019.

Market Competitiveness

#permalink to section
Measure

Thailand
Top Destination
: United States, $32.2B

Kiribati
Top Destination
: Thailand, $46M

This map shows whether countries import more from Thailand or Kiribati. Each country is colored based on the difference in imports they receive from Thailand and Kiribati or the difference in the growth in imports.

In 2019, countries that imported more from Thailand than Kiribati were United States ($32.2B), China ($29.1B), and Japan ($23.8B).

In 2019, no countries were registered that imported more from Kiribati than from Thailand.

Comparative Advantage Thailand - Kiribati

#permalink to section
Depth

This chart compares trade between Thailand and Kiribati by product, considering products traded by both, Thailand and Kiribati.

During 2019, Thailand had a large net trade with Kiribati in the exports of Foodstuffs ($1.72M), Mineral Products ($557k), and Transportation ($320k).

During 2019, Kiribati had a large net trade with Thailand in the exports of Animal Products ($46M), Instruments ($4), and Metals ($2).

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Thailand has comparative advantage over Kiribati. Similarly, the more red a dot/product is, the more Kiribati has comparative advantage over Thailand.