Country intelligence · KIR · 2024

Kiribati trade profile

In 2024, Kiribati recorded $106.9M in merchandise exports and $266.9M in imports, producing a $159.9M trade deficit. Exports changed +23.9% from the previous year, while imports changed +10.2%.[1]

Exports

$106.9M

+23.9%

Imports

$266.9M

+10.2%

Trade balance

-$159.9M

deficit

Active partners

270

13 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$106.9M$266.9M-$159.9M+23.9%
2023$86.3M$242.2M-$155.9M-22.2%
2022$111.0M$222.3M-$111.4M+17.5%
2021$94.4M$186.9M-$92.5M-1.9%
2020$96.3M$152.3M-$56.0M-13.9%
2019$111.8M$78.6M$33.3M+4.8%
2018$106.7M$119.4M-$12.7M-24.7%
2017$141.7M$141.0M$717.1K+16.1%
2016$122.1M$143.0M-$20.9M+2.7%
2015$118.9M$174.0M-$55.1M+56.4%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 03 · HS chapter

46 active HS6 lines · 21 export partners

$90.2M
2

HS 89 · HS chapter

13 active HS6 lines · 3 export partners

$7.2M
3

HS 15 · HS chapter

25 active HS6 lines · 7 export partners

$5.8M
4

HS 12 · HS chapter

21 active HS6 lines · 42 export partners

$1.6M
5

HS 85 · Electrical machinery

234 active HS6 lines · 21 export partners

$412.0K
6

HS 17 · HS chapter

13 active HS6 lines · 1 export partners

$217.3K
7

HS 84 · Machinery

389 active HS6 lines · 24 export partners

$210.8K
8

HS 83 · HS chapter

36 active HS6 lines · 6 export partners

$167.8K

Leading export markets

Destinations rank bilateral export flows from Kiribati; growth describes each corridor rather than the whole economy.

1

Thailand

Annual change -1.0% · 3-year CAGR 4.5%

$63.2M
2

Colombia

Annual change +2694676.0% · 3-year CAGR 324.4%

$12.8M
3

Indonesia

Annual change +9780.7% · 3-year CAGR -12.2%

$7.3M
4

Japan

Annual change +8.7% · 3-year CAGR 0.9%

$4.6M
5

New Caledonia

Annual change +28.6% · 3-year CAGR 16.9%

$3.9M
6

Philippines

Annual change +31.2% · 3-year CAGR -32.9%

$2.7M
7

South Korea

Annual change -12.6% · 3-year CAGR -5.6%

$2.2M
8

Spain

Annual change +954349.4% · 3-year CAGR 1090.6%

$1.9M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.