Kiribati-Thailand Bilateral Trade Analysis 2023
Complete trade statistics: $76.73M total volume •Kiribati surplus: $65.39M
Kiribati → Thailand
$71.06M
Exports (2023)
Thailand → Kiribati
$5.67M
Imports (2023)
Trade Balance
$65.39M
Surplus for Kiribati
Total Trade
$76.73M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Kiribati and Thailand. Green line shows exports from Kiribati, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Kiribati-Thailand commercial relationship and competitive positioning in global markets.
Kiribati → Thailand Exports
Export Market Intelligence
🎯 Strategic Export Focus
Kiribati's export portfolio to Thailand demonstrates strategic specialization, with fish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99 representing a key competitive advantage in this bilateral market.
Thailand → Kiribati Imports
Import Dependency Profile
📦 Import Strategy Analysis
Kiribati's import pattern from Thailand reveals significant dependencyin sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Kiribati demonstrates competitive strength in exportingfish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99 to Thailand, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $76.73M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Kiribati-Thailand Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $76.73 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Kiribati maintains a surplus of $65.39 million
- Export Focus: Kiribati's primary exports include fish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99, fish: frozen, yellowfin tunas (thunnus albacares), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99, fish: frozen, bigeye tunas (thunnus obesus), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
- Import Dependencies: Key imports from Thailand include sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter, sugars: sucrose, chemically pure, in solid form, containing added flavouring or colouring matter, food preparations: pasta (excluding stuffed), cooked or otherwise prepared
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $76.73M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Kiribati leveraging its comparative advantages in fish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Kiribati's specialization in fish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99complements Thailand's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $76.73M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $76.73M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $76.73 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in fish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99 and sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Kiribati's trade surplus of $65.39 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Kiribati and Thailand represents a total trade volume of $76.73 million in 2023. This partnership demonstrates a favorable trade balance for Kiribati, with exports exceeding importsby $65.39 million.
Export Strengths
Kiribati's exports to Thailand total $71.06 million, with competitive advantages in fish: frozen, skipjack or stripe-bellied bonito, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99, representing $53.70M or75.6% of bilateral exports.
Import Dependencies
Imports from Thailand amount to $5.67 million, highlighting economic interdependence in sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter, with Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter comprising53.1% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Kiribati's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Kiribati and Thailand in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023