Overview In 2020 Nauru was the number 189 economy in the world in terms of total exports and the number 210 in total imports.

Exports The top exports of Nauru are Non-fillet Frozen Fish ($82.5M), Calcium Phosphates ($10.5M), Low-voltage Protection Equipment ($2.85M), Cars ($322k), and Oscilloscopes ($229k), exporting mostly to Thailand ($65.5M), Philippines ($20.4M), United States ($3.72M), South Korea ($3.15M), and New Zealand ($2.58M).

Imports The top imports of Nauru are Refined Petroleum ($58.2M), Tug Boats ($2.16M), Stone Processing Machines ($1.5M), Large Construction Vehicles ($1.37M), and Cars ($1.2M), importing mostly from Chinese Taipei ($57.8M), Australia ($26.5M), Japan ($3.1M), China ($1.91M), and South Korea ($1.76M).

Flow
View
Y-AXIS SCALE

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

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
Value
Depth

Top Export (2020): Non-fillet Frozen Fish, $82.5M

Top Destination (2020): Thailand, $57.8M

In 2020, Nauru exported a total of $99.4M, making it the number 189 exporter in the world. During the last five reported years the exports of Nauru have changed by $70.4M from $29M in 2015 to $99.4M in 2020.

The most recent exports are led by Non-fillet Frozen Fish ($82.5M), Calcium Phosphates ($10.5M), Low-voltage Protection Equipment ($2.85M), Cars ($322k), and Oscilloscopes ($229k). The most common destination for the exports of Nauru are Thailand ($65.5M), Philippines ($20.4M), United States ($3.72M), South Korea ($3.15M), and New Zealand ($2.58M).

Explore Visualizations

Flow
View

Fastest Growing Export Markets (2019 - 2020)

Fastest Growing Import Markets (2019 - 2020)

Economic Complexity

#permalink to section

Most Specialized Products by RCA Index

#permalink to section

Nauru has a high level of specialization in Non-fillet Frozen Fish (603), Calcium Phosphates (591), Fairground Amusements (9.48), Low-voltage Protection Equipment (5.15), and Copper Housewares (4.4). Specialization is measured using RCA, an index that takes the ratio between Nauru observed and expected exports in each product.

Export Opportunities by Relatedness

#permalink to section

The top export opportunities for Nauru according to the relatedness index, are Base Metal Watches (0.023), Thermostats (0.02), Neck Ties (0.02), Other Measuring Instruments (0.02), and Time Recording Instruments (0.02). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Nauru 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 Nauru. These are products that tend to be co-exported with the products that Nauru 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.