Kiribati
On this page you will find beneficial information regarding foreign direct investment in / trading with Kiribati. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Republic
Population: 128,874 (2021)
GDP: 207 million USD (2021)
Corporate Tax Rate: 20% to 35%
Personal Income Tax Rate: 32%
Major Exports: Non-fillet Frozen Fish ($73.5M), Passenger and Cargo Ships ($10.7M), Fish Fillets ($4.15M), Coconut Oil ($2.55M), and Copra ($1.8M), exporting mostly to Thailand ($56.6M), Indonesia ($10.7M), Philippines ($9.2M), Japan ($5.31M), and South Korea ($3.19M).
Major Imports: Fishing Ships ($21.1M), Other Prepared Meat ($5.83M), Netting ($5.06M), Poultry Meat ($4.36M), and Rice ($3.99M), importing mostly from China ($39.1M), Chinese Taipei ($26M), Fiji ($25.3M), Australia ($19.2M), and New Zealand ($10.3M).
Investment Agency: The Ministry of Commerce, Industry and Cooperatives
Website: https://mcic.gov.ki/