Overview In 2020 Kiribati was the number 192 economy in the world in terms of total exports and the number 202 in total imports.

Exports The top exports of Kiribati are Non-fillet Frozen Fish ($85.9M), Fish Fillets ($3.27M), Coconut Oil ($3.04M), Fork-Lifts ($438k), and Gas Turbines ($334k), exporting mostly to Thailand ($64.6M), Philippines ($11M), Japan ($4.68M), Ecuador ($3.3M), and South Korea ($3M).

Imports The top imports of Kiribati are Planes, Helicopters, and/or Spacecraft ($35.7M), Refined Petroleum ($15.4M), Rice ($7.55M), Perfume Plants ($6.32M), and Processed Tobacco ($4.12M), importing mostly from Brazil ($36.4M), China ($22.4M), Australia ($19.2M), Fiji ($18.8M), and Singapore ($12.6M).

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

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.

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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

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Top Export (2020): Non-fillet Frozen Fish, $85.9M

Top Destination (2020): Thailand, $36.4M

In 2020, Kiribati exported a total of $95.7M, making it the number 192 exporter in the world. During the last five reported years the exports of Kiribati have changed by -$33.7M from $129M in 2015 to $95.7M in 2020.

The most recent exports are led by Non-fillet Frozen Fish ($85.9M), Fish Fillets ($3.27M), Coconut Oil ($3.04M), Fork-Lifts ($438k), and Gas Turbines ($334k). The most common destination for the exports of Kiribati are Thailand ($64.6M), Philippines ($11M), Japan ($4.68M), Ecuador ($3.3M), and South Korea ($3M).

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Fastest Growing Export Markets (2019 - 2020)

Fastest Growing Import Markets (2019 - 2020)

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 Non-fillet Frozen Fish (653), Coconut Oil (104), Fish Fillets (24.8), Live Fish (21.5), and Documents of title (bonds etc) and unused stamps (9.45). Specialization is measured using RCA, an index that takes the ratio between Kiribati observed and expected exports in each product.

Export Opportunities by Relatedness

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The top export opportunities for Kiribati according to the relatedness index, are Palm Oil (0.027), Cocoa Beans (0.026), Non-fillet Fresh Fish (0.022), Crustaceans (0.02), and Coral and Shells (0.018). 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 a country currently specializes in.

Relatedness Space

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

Diversification Frontier

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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.