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2021
Product
Exports | Imports $187M | $94.2M185 of 226 |  212 of 226
2021
Per Capita Product
Exports | Imports $14.9k | $7.53k28 of 220 |  71 of 220

About

Overview In 2021 Nauru was the number 185 economy in the world in terms of total exports and the number 212 in total imports.

Exports The top exports of Nauru are Non-fillet Frozen Fish ($123M), Calcium Phosphates ($31.7M), Cars ($23M), Delivery Trucks ($2.79M), and Low-voltage Protection Equipment ($1.57M), exporting mostly to Thailand ($92.1M), Saudi Arabia ($25.8M), Philippines ($21.3M), South Korea ($14.6M), and India ($14M).

Imports The top imports of Nauru are Refined Petroleum ($15.5M), Tug Boats ($7.98M), Rolled Tobacco ($7.17M), Cars ($3.44M), and Large Construction Vehicles ($3.39M), importing mostly from Australia ($33.9M), Chinese Taipei ($15.4M), China ($11.2M), Japan ($10.8M), and Nigeria ($6.52M).

Latest Trends

Latest Trade

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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.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

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

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2021)Non-fillet Frozen Fish$123M
Top Destination (2021)Thailand$92.1M

In 2021, Nauru exported a total of $187M, making it the number 185 exporter in the world. During the last five reported years the exports of Nauru have changed by $167M from $19.6M in 2016 to $187M in 2021.

The most recent exports are led by Non-fillet Frozen Fish ($123M), Calcium Phosphates ($31.7M), Cars ($23M), Delivery Trucks ($2.79M), and Low-voltage Protection Equipment ($1.57M). The most common destination for the exports of Nauru are Thailand ($92.1M), Saudi Arabia ($25.8M), Philippines ($21.3M), South Korea ($14.6M), and India ($14M).

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Exports (2021)
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Destinations (2021)
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Market Growth

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Fastest Growing Export Markets (2020 - 2021)
Thailand$26.8M (+ 41%)
Saudi Arabia$25.7M (+ 17.2k%)
South Korea$11.4M (+ 363%)
Fastest Growing Import Markets (2020 - 2021)
China$9.27M (+ 485%)
Japan$7.7M (+ 249%)
Australia$7.44M (+ 28.1%)

Total Export Growth by Market (2020 - 2021)

Economic Complexity

Most Specialized Products by RCA Index

Nauru has a high level of specialization in Calcium Phosphates (879), Non-fillet Frozen Fish (551), Enzymes (7.19), Cars (3.58), and Liquid Fuel Furnaces (3.19). Specialization is measured using RCA, an index that takes the ratio between Nauru observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Nauru according to the product complexity index (PCI) are Drawing, marking-out, mathematical calculating instruments (drafting machines, protractors, drawing sets etc); instruments... (1.69), Furnace burners for liquid fuel, for pulverised solid fuel or for gas;... (1.15), Enzymes; prepared enzymes not elsewhere specified or included (1.09), Motor cars and other motor vehicles; principally designed for the transport of... (0.88), and Aircraft; parts of heading no. 8801 or 8802 (0.77). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Nauru according to the relatedness index, were Fish oil (0.019), Prints (0.019), Bulbs and Roots (0.018), Phosphoric Acid (0.018), and Fish Fillets (0.018). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Nauru is not specialized in.

Product Space

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

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

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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.

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