Nauru Trade Data Bill of Lading Data Shipping Data - TradeInt
Nauru Trade Data
Nauru, officially known as the Republic of Nauru, is a small island country located in the central Pacific Ocean. Despite its small size and remote location, Nauru has a unique history and economy that revolves around phosphate mining, fishing, and offshore banking.
Phosphate mining has been the primary economic activity in Nauru for much of its modern history. The island was once one of the world's richest sources of phosphate, which was extensively mined for export. However, the depletion of phosphate reserves and environmental damage caused by mining have led to a decline in this industry.
Fishing is another important economic activity in Nauru, with the country's exclusive economic zone (EEZ) rich in tuna and other marine resources. Nauru has agreements with various countries and fishing companies for access to its waters, providing revenue and employment opportunities for local fishermen.
Offshore banking and financial services have emerged as a significant sector in Nauru's economy in recent years. The country offers favorable tax laws and banking regulations, attracting foreign investment and providing revenue through banking fees and services.
Additionally, Nauru receives financial assistance from other countries and international organizations, including Australia and the Asian Development Bank, to support its budgetary needs and development projects.
Despite its economic challenges, Nauru has made efforts to diversify its economy and reduce its reliance on phosphate mining. The government has invested in education, healthcare, and infrastructure development to improve the well-being of its citizens and attract investment in other sectors.
Overall, Nauru's economy is characterized by its dependence on phosphate mining, fishing, offshore banking, and international aid. The government continues to explore opportunities for economic diversification and sustainable development to ensure the long-term prosperity of the country and its people.
Nauru Mirror Data
Nauru Traders Contacts
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Utilize Nauru Trade Data to uncover potential buyers and suppliers, monitor the trade activities of competitors, and scrutinize their supply chains. Explore the full business potential of Nauru customers, gain actionable insights into your products, and stay updated on the latest developments in key trades originating from Nauru and reaching global destinations. With access to comprehensive Nauru Trade Data, you can refine your business strategy, identify lucrative opportunities, and maintain a competitive edge in today's dynamic market landscape.
Nauru Import Data
210th
Access 2020 Nauru Import Trade Data to analyse the overview and different commodities market shares. Historical Trends of Nauru. Interact with TradeInt's free visualisations tools to perform market overview and gain first insights. When you are ready unlock the latest Nauru's import trade data for drilled down analysis, unlock for latest month's update of Nauru to get a sharp view of the latest international trade of this country.
2020 Nauru Imports
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Trade Summary for Nauru in 2020
Nauru total imported US$ 97.26M in 2020, Nauru ranked 210th Global Imports. Nauru Top Importer Country was Chinese Taiwan US$ 57.78M , Australia US$ 26.46M and Japan US$ 3.10M . Most traded commodities by import in 2020 were Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes at the total value of US$ 58.55M , Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof at the total value of US$ 8.22M , Vehicles at the total value of US$ 4.28M , Meat and edible meat offal at the total value of US$ 2.44M and Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles at the total value of US$ 2.40M . Get the full list of Importers from all transactional records in Nauru for the year of 2020.
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2020Nauru's Top Ranked Imports of Goods Summary
Analysis the import data of Nauru in the year of 2020, the top 15 imports were Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (60.20%), Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (8.45%), Vehicles (4.40%), Meat and edible meat offal (2.51%), Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles (2.47%), Ships, boats and floating structures (2.30%), Meat, fish or crustaceans, molluscs or other aquatic invertebrates; preparations thereof (1.79%), Plastics and articles thereof (1.28%), Preparations of cereals, flour, starch or milk; pastrycooks' products (1.12%), Wood and articles of wood; wood charcoal (1.11%), Beverages, spirits and vinegar (1.11%), Organic chemicals (1.04%), Precious metals, gems and jewelry (1.03%), Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories (1.03%) and Edible Animal By-Products (0.89%). Moreover, Nauru’s top 15 Import partners in 2020 were Taiwan, China (59.41%), Australia (27.20%), Japan (3.18%), China (1.97%), South Korea (1.81%), Ireland (1.28%), New Zealand (1.04%), Thailand (0.89%), Indonesia (0.63%), Singapore (0.60%), United States (0.59%), Malaysia (0.55%), Kiribati (0.28%), Spain (0.14%) and United Kingdom (0.08%). Lastly, unlock the latest trade data on TradeInt Platform with Drill-Down info to get each trade deal's transaction record.
Nauru Trade Data
Nauru imports goods mainly from Chinese Taiwan, Australia and Japan in the year of 2020. TradeInt analyse Nauru import data to gain in-depth insights into Nauru's import partners. Nauru exports products mainly to Thailand, Philippines, United States and South Korea. Get Nauru trade data to get trade intelligence from Nauru's export partners.
2020 Nauru Imported Goods
2020 Nauru Exported Goods
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What type of Nauru Data Covers?
Our dataset encompasses sharp info such as Transaction Date, Goods Details, Importer & Exporter Company Name, and more. Explore the latest Nauru Import Data.
