In 2018, Christmas Island exported a total of $21.6M, making it the number 206 exporter in the world. During the last five reported years the exports of Christmas Island have changed by -$5.55M from $27.2M in 2013 to $21.6M in 2018.
In 2018 Christmas Island imported $25.6M, making it the number 214 trade destination in the world. During the last five reported years the imports of Christmas Island changed by -$20.1M from $45.7M in 2013 to $25.6M in 2018.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.