Flag Kiribati

2019
Product
Exports | Imports
: $86.3M | $100M, 192 of 225 |  210 of 225

2019
Per Capita Product
Exports | Imports
: $734 | $851, 137 of 219 |  158 of 219

2014
Service
Exports | Imports
: $12M | $579M, 174 of 176 | 144 of 175

Exports: The top exports of Kiribati are Non-fillet Frozen Fish ($68.4M), Fish Fillets ($5.95M), Fishing Ships ($4.7M), Coconut Oil ($2.46M), and Live Fish ($1.3M), exporting mostly to Thailand ($46M), Philippines ($14.6M), South Korea ($8.4M), Japan ($7.7M), and United States ($2.88M).

Imports: The top imports of Kiribati are Refined Petroleum ($11.8M), Netting ($4.09M), Raw Sugar ($3.12M), Rice ($3.1M), and Poultry Meat ($3.03M), importing mostly from China ($20.2M), Fiji ($18.6M), Australia ($12M), Chinese Taipei ($10.6M), and South Korea ($10.5M).

Yearly Exports

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Value
Depth

Top Export (2019): Non-fillet Frozen Fish, $68.4M

Top Destination (2019): Thailand, $46M

In 2019, Kiribati exported a total of $86.3M, making it the number 192 exporter in the world. During the last five reported years the exports of Kiribati have changed by $8.23M from $78.1M in 2014 to $86.3M in 2019.

The most recent exports are led by Non-fillet Frozen Fish ($68.4M), Fish Fillets ($5.95M), Fishing Ships ($4.7M), Coconut Oil ($2.46M), and Live Fish ($1.3M). The most common destination for the exports of Kiribati are Thailand ($46M), Philippines ($14.6M), South Korea ($8.4M), Japan ($7.7M), and United States ($2.88M).

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Yearly Imports

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Value
Depth

Top Import (2019): Refined Petroleum, $11.8M

Top Origin (2019): China, $20.2M

In 2019 Kiribati imported $100M, making it the number 210 trade destination in the world. During the last five reported years the imports of Kiribati changed by -$108M from $208M in 2014 to $100M in 2019.

The most recent imports of Kiribati are led by Refined Petroleum ($11.8M), Netting ($4.09M), Raw Sugar ($3.12M), Rice ($3.1M), and Poultry Meat ($3.03M). The most common import partners for Kiribati are China ($20.2M), Fiji ($18.6M), Australia ($12M), Chinese Taipei ($10.6M), and South Korea ($10.5M).

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Flow

Fastest Growing Export Markets (2018 - 2019)

Fastest Growing Import Markets (2018 - 2019)

  • Chinese Taipei, $8.93M (+ 529%)
  • China, $2.27M (+ 12.7%)
  • Spain, $1.16M (+ 7.17k%)

Kiribati Exports Services (2014): $12M

Kiribati Imports Services (2014): $579M

In 2014, Kiribati exported $12M worth of services. The top services exported by Kiribati in 2014 were Financial services ($3.52M), Business travel ($2.33M), Construction in the compiling economy ($2.18M), Air transport ($1.01M), and Government services, n.i.e. ($919k).

The top services imported by Kiribati in 2014 were Miscellaneous business, professional, and technical services ($526M), Sea transport ($13.4M), Air transport ($10.9M), Construction in the compiling economy ($10.9M), and Government services, n.i.e. ($9.71M).

Economic Complexity

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Most Specialized Products by RCA Index

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Kiribati has a high level of specialization in Fishing Ships (561), Non-fillet Frozen Fish (560), Live Fish (112), Coconut Oil (109), and Fish Fillets (49.1). Specialization is measured using RCA, an index that takes the ratio between Kiribati observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Kiribati according to the product complexity index (PCI) are Machinery for hide and leather work including footwear (0.51), Flat-rolled iron/steel, >600mm, clad, plated or coated (-0.11), Fishing vessels and factory ships (-0.29), Knotted netting of twine, etc, fishing and other nets (-0.33), and Pebbles, gravels, aggregates and macadam (-0.57). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

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The top export opportunities for Kiribati according to the relatedness index, are Crustaceans (0.029), Molluscs (0.026), Processed Crustaceans (0.026), Processed Fish (0.026), and Cocoa Beans (0.024). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Kiribati 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 it is currently specialized in.

Diversification Frontier

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Depth

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.