2023
Flag  
GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
 GDP
$154MCURRENT US$
Rnk 194 / 195
2013-2023
Flag
GDP GROWTH
63.3%CURRENT US$
Rnk 45 / 195
2023
Flag
GDP PC 
$64,821CURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC
$12,983CURRENT US$
Rnk 78 / 196
2013-2023
Flag
GDP PC GROWTH
44.7%CURRENT US$
Rnk 54 / 195

About

Australia-Nauru Trade: In 2023, Australia exported $33.5M to Nauru. The main products that Australia exported to Nauru were Other Edible Preparations ($1.99M), Large Construction Vehicles ($1.91M), and Stone Processing Machines ($1.54M). Over the past 5 years the exports of Australia to Nauru have increased at an annualized rate of 5.14%, from $26.1M in 2018 to $33.5M in 2023.

In 2023, Australia did not export any services to Nauru.

Nauru-Australia Trade: In 2023, Nauru exported $452k to Australia. The main products that Nauru exported to Australia were Special Pharmaceuticals ($124k), Electric Motors ($88.6k), and Iron Pipe Fittings ($64.1k). Over the past 5 years the exports of Nauru to Australia have decreased at an annualized rate of 34.8%,  from $3.84M in 2018 to $452k in 2023.

In 2023, Nauru did not export any services to Australia.

Comparison In 2023,  Australia ranked 75 in the Economic Complexity Index (ECI -0.28),  and 20 in total exports ($374B). That same year, Nauru ranked 185 in total exports ($205M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Australia exported $33.5M to Nauru. The main products exported from Australia to Nauru were Other Edible Preparations ($1.99M), Large Construction Vehicles ($1.91M), and Stone Processing Machines ($1.54M). During the last 5 years the exports of Australia to Nauru have increased at an annualized rate of 5.14%, from $26.1M in 2018 to $33.5M in 2023.

In 2018, Nauru exported $452k to Australia. The main products exported from Nauru to Australia were Special Pharmaceuticals ($124k), Electric Motors ($88.6k), and Iron Pipe Fittings ($64.1k). During the last 5 years the exports of Nauru to Australia have decreased at an annualized rate of 34.8%, from $3.84M in 2023 to $452k in 2018.

Exports from Australia (Flag) to Nauru (Flag) (2023)

Exports from Nauru (Flag) to Australia (Flag) (2023)

Latest Data

Trade between Australia (Flag) and Nauru (Flag)

Australia Exports

Market Competitiveness

Color
Australia
Top Destination
China$137B
Nauru
Top Destination
Thailand$160M

This map shows whether countries import more from Australia or Nauru. Each country is colored based on the difference in imports they receive from Australia and Nauru or the difference in the growth in imports.

In 2023, countries that imported more from Australia than Nauru included China ($137B), Japan ($59B), and South Korea ($20.9B).

In 2023, countries that imported more from Nauru than Australia included Andorra ($429k).

Difference in imports from Nauru (Flag) and Australia (Flag) (2023)

Comparative Advantage Australia - Nauru

Flow
Scale

This chart compares trade between Australia and Nauru by product, considering products traded by both, Australia and Nauru.

During 2023, Australia had a large net trade with Nauru in the exports of Machines ($8.51M), Foodstuffs ($6.7M), and Transportation ($4.03M).

During 2018, Nauru had a large net trade with Australia in the exports of Chemical Products ($164k), Machines ($120k), and Metals ($74.6k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Australia and Nauru. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Nauru. Similarly, a dot/product with the flag of Nauru indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and Nauru (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with