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2023
Product
Exports | Imports $1.17M | $6.38M226 of 226 |  226 of 226

About

Overview In 2023 Pitcairn Islands was the number 226 economy in the world in terms of total exports and the number 226 in total imports.

Exports The top exports of Pitcairn Islands are Other Organo-Inorganic Compounds ($230k), Gas Turbines ($152k), Packaged Medicaments ($135k), Brochures ($114k), and Centrifuges ($80.3k), exporting mostly to United Kingdom ($244k), Canada ($223k), Tanzania ($135k), Colombia ($134k), and Spain ($91.8k).

Imports The top imports of Pitcairn Islands are Large Construction Vehicles ($3.33M), Refined Petroleum ($1.25M), Frozen Bovine Meat ($286k), Computers ($243k), and Other Edible Preparations ($119k), importing mostly from United States ($3.74M), New Zealand ($2.34M), Italy ($102k), United Arab Emirates ($75.3k), and Brazil ($44.8k).

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

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

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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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 (2023)Other Organo-Inorganic Compounds$230k
Top Destination (2023)United Kingdom$244k

In 2023, Pitcairn Islands exported a total of $1.17M, making it the number 226 exporter in the world. During the last five reported years the exports of Pitcairn Islands have changed by -$449k from $1.62M in 2018 to $1.17M in 2023.

The most recent exports are led by Other Organo-Inorganic Compounds ($230k), Gas Turbines ($152k), Packaged Medicaments ($135k), Brochures ($114k), and Centrifuges ($80.3k). The most common destination for the exports of Pitcairn Islands are United Kingdom ($244k), Canada ($223k), Tanzania ($135k), Colombia ($134k), and Spain ($91.8k).

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Exports (2023)
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Destinations (2023)
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Market Growth

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Growth
Fastest Growing Export Markets (2022 - 2023)
Canada$120k (+ 116%)
France$52.5k (+ 992%)
Indonesia$23k (+ 1.72k%)
Fastest Growing Import Markets (2022 - 2023)
United States$3.72M (+ 28.8k%)
New Zealand$943k (+ 67.4%)
Italy$76.1k (+ 296%)

Total Export Growth by Market (2022 - 2023)

Potential Exports

Potential Exports

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Economic Complexity

Most Specialized Products by RCA Index

Pitcairn Islands has a high level of specialization in Other Organo-Inorganic Compounds (565), Brochures (152), Bananas (48.1), Other Engines (31.5), and Utility Meters (27.9). Specialization is measured using RCA, an index that takes the ratio between Pitcairn Islands observed and expected exports in each product.

Export Opportunities by Relatedness

The top export opportunities for Pitcairn Islands according to the relatedness index, were Excavation Machinery (0.059), Brooms (0.058), Electrical Power Accessories (0.058), Electric Filament (0.057), and Liquid Dispersing Machines (0.057). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Pitcairn Islands 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 Pitcairn Islands. These are products that tend to be co-exported with the products that Pitcairn Islands exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2023)

Diversification Frontier

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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.

Diversification Frontier

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