2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC 
$39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195

About

Italy-Christmas Island Trade: In 2021, Italy exported $2.47k to Christmas Island. The main products that Italy exported to Christmas Island were N/A. Over the past 15 years the exports of Italy to Christmas Island have decreased at an annualized rate of 27%, from $279k in 2006 to $2.47k in 2021.

In 2021, Italy did not export any services to Christmas Island.

Christmas Island-Italy Trade: In 2021, Christmas Island exported $12.1k to Italy. The main products that Christmas Island exported to Italy were Other Aluminium Products ($8.1k) and Base Metal Watches ($4.01k). Over the past 15 years the exports of Christmas Island to Italy have increased at an annualized rate of 2.66%,  from $10.1k in 2006 to $12.1k in 2021.

In 2021, Christmas Island did not export any services to Italy.

Comparison In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29),  and 6 in total exports ($638B). That same year, Christmas Island ranked 217 in total exports ($9.08M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Italy exported $2.47k to Christmas Island. There were not main exports from Italy to Christmas Island in 2021. During the last 15 years the exports of Italy to Christmas Island have decreased at an annualized rate of 27%, from $279k in 2006 to $2.47k in 2021.

In 2018, Christmas Island exported $12.1k to Italy. The main products exported from Christmas Island to Italy were Other Aluminium Products ($8.1k) and Base Metal Watches ($4.01k). During the last 5 years the exports of Christmas Island to Italy have increased at an annualized rate of 2.66%, from $10.1k in 2023 to $12.1k in 2018.

Exports from Italy (Flag) to Christmas Island (Flag) (2023)

Exports from Christmas Island (Flag) to Italy (Flag) (2023)

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
Christmas Island
Top Destination
Indonesia$2.69M

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

In 2023, countries that imported more from Italy than Christmas Island included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, no countries were registered that imported more from Christmas Island than from Italy.

Difference in imports from Christmas Island (Flag) and Italy (Flag) (2023)

Comparative Advantage Italy - Christmas Island

Flow
Scale

This chart compares trade between Italy and Christmas Island by product, considering products traded by both, Italy and Christmas Island.

During 2021, Italy had a large net trade with Christmas Island in the exports of .

During 2018, Christmas Island had a large net trade with Italy in the exports of Metals ($8.1k) and Instruments ($4.01k).

Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and Christmas Island (Flag) (2023)

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