Flag Christmas Island

Overview In 2020 Christmas Island was the number 210 economy in the world in terms of total exports and the number 222 in total imports.

Exports The top exports of Christmas Island are Mixed Mineral or Chemical Fertilizers ($6.77M), Phosphatic Fertilizers ($3.17M), Calcium Phosphates ($1.3M), Semiconductor Devices ($991k), and Broadcasting Equipment ($463k), exporting mostly to Malaysia ($6.62M), Indonesia ($3.18M), New Zealand ($1.31M), Poland ($1.02M), and United Kingdom ($460k).

Imports The top imports of Christmas Island are Refined Petroleum ($6.17M), Cars ($557k), Paintings ($427k), Medical Instruments ($427k), and Used Clothing ($411k), importing mostly from Australia ($13.9M), United States ($1.87M), Malaysia ($1.58M), Canada ($468k), and Singapore ($448k).

Location Christmas Island borders Timor-Leste, Malaysia, and Papua New Guinea by land and Indonesia by sea.

Flow
View
Y-AXIS SCALE

The following section uses the most recent trade data from partners of Christmas Island.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Flow
Value
Depth

Data is presented based on data availability. Only countries using the Harmonic System (HS) are selected. Every source is shown using their own latest twelve months of data.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Historical Data

#permalink to section
Flow
Value
Depth

Top Export (2020): Mixed Mineral or Chemical Fertilizers, $6.77M

Top Destination (2020): Malaysia, $13.9M

In 2020, Christmas Island exported a total of $15.4M, making it the number 210 exporter in the world. During the last five reported years the exports of Christmas Island have changed by -$20.2M from $35.6M in 2015 to $15.4M in 2020.

The most recent exports are led by Mixed Mineral or Chemical Fertilizers ($6.77M), Phosphatic Fertilizers ($3.17M), Calcium Phosphates ($1.3M), Semiconductor Devices ($991k), and Broadcasting Equipment ($463k). The most common destination for the exports of Christmas Island are Malaysia ($6.62M), Indonesia ($3.18M), New Zealand ($1.31M), Poland ($1.02M), and United Kingdom ($460k).

Explore Visualizations

Flow
View

Fastest Growing Export Markets (N/A - N/A)

Fastest Growing Import Markets (N/A - N/A)

Economic Complexity

#permalink to section

Most Specialized Products by RCA Index

#permalink to section

Christmas Island has a high level of specialization in Phosphatic Fertilizers (2.41k), Calcium Phosphates (472), Mixed Mineral or Chemical Fertilizers (326), Ketones and Quinones (20.1), and Metal Finishing Machines (19.4). Specialization is measured using RCA, an index that takes the ratio between Christmas Island observed and expected exports in each product.

Export Opportunities by Relatedness

#permalink to section

The top export opportunities for Christmas Island according to the relatedness index, are Vacuum Flask (0.048), Integrated Circuits (0.043), Printed Circuit Boards (0.043), Artificial Vegetation (0.043), and Children's Picture Books (0.043). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Christmas Island is not specialized in.

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 a country currently specializes in.

Relatedness Space

#permalink to section

This network shows the products most related to the production structure of Christmas Island. These are products that tend to be co-exported with the products that Christmas Island exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

#permalink to section
Filter
Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is 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 greenhouse emissions.