Flag Tokelau

Product Exports (2018): $48.5M, Rank 197 of 222

Product Imports (2018): $13.7M, Rank 219 of 221

Overview: This page contains the latest international trade data for Tokelau. In 2018 Tokelau was the number 197 in total exports and the number 219 in total imports. In 2018, Tokelau exported $48.5M and imported $13.7M, resulting in a positive trade balance of $34.8M.

Trade: The top exports of Tokelau are Passenger and Cargo Ships ($24.6M), Electric Batteries ($1.74M), Electrical Transformers ($1.66M), Other Processed Fruits and Nuts ($1.43M), and Packaged Medicaments ($1.39M). The top imports of Tokelau are Poultry Meat ($1.52M), Refined Petroleum ($1.21M), Aircraft Parts ($873k), X-Ray Equipment ($838k), and Cathode Tubes ($822k).

Destinations: Tokelau exports mostly to Germany ($24.7M), United States ($4.65M), France ($4.62M), Ireland ($1.94M), and Indonesia ($1.5M), and imports mostly from Samoa ($6.01M), United States ($3.32M), Ireland ($1.44M), Germany ($751k), and South Africa ($573k).

Yearly Exports

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Top Export (2018): Passenger and Cargo Ships, $24.6M

Top Destination (2018): Germany, $24.7M

In 2018 Tokelau exported a total of $48.5M, making it the number 197 exporter in the world. During the last five reported years the exports of Tokelau have changed by $34.6M from $13.9M in 2013 to $48.5M in 2018.

The most recent exports are led by Passenger and Cargo Ships ($24.6M), Electric Batteries ($1.74M), Electrical Transformers ($1.66M), Other Processed Fruits and Nuts ($1.43M), and Packaged Medicaments ($1.39M). The most common destination for the exports of Tokelau are Germany ($24.7M), United States ($4.65M), France ($4.62M), Ireland ($1.94M), and Indonesia ($1.5M).

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Yearly Imports

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Top Import (2018): Poultry Meat, $1.52M

Top Origin (2018): Samoa, $6.01M

In 2018 Tokelau imported $13.7M, making it the number 219 trade destination in the world. During the last five reported years the imports of Tokelau changed by -$220M from $234M in 2013 to $13.7M in 2018.

The most recent imports of Tokelau are led by Poultry Meat ($1.52M), Refined Petroleum ($1.21M), Aircraft Parts ($873k), X-Ray Equipment ($838k), and Cathode Tubes ($822k). The most common import partners for Tokelau are Samoa ($6.01M), United States ($3.32M), Ireland ($1.44M), Germany ($751k), and South Africa ($573k).

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Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

Trade Forecasts

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This section shows forecasts for total product exports and imports for Tokelau. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Economic Complexity

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Most Specialized Products by RCA Index

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Tokelau has a high level of specialization in Passenger and Cargo Ships (192), Wheat Flours (41.8), Other Processed Fruits and Nuts (31.7), Textile Scraps (21.9), and Non-Knit Men's Shirts (18.5). Specialization is measured using RCA, an index that takes the ratio between Tokelau observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Tokelau according to the product complexity index (PCI) are Machines nes having individual functions (2), Gaskets and similar joints of metal sheet (1.86), Silicones in primary forms (1.84), Metal pickling preps, solder, brazing flux, weld cores (1.73), and Measuring or checking instruments nes (1.65). 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 Tokelau according to the relatedness index, are Knit Men's Undergarments (0.13), Packing Bags (0.12), Knit Women's Coats (0.12), Knit Babies' Garments (0.12), and Non-Knit Men's Coats (0.12). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Tokelau 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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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.