Flag Australia / Cook Islands Flag

Exports FlagFlag  (2018): $8.14M, Rnk 119 / 206

Top Product FlagFlag (2018): $2.42M, Electrical Transformers

Exports FlagFlag (2018): $364k, Rnk 10 / 40

Top Product FlagFlag (2018): $272k, Non-fillet Frozen Fish

Economic Complexity of Flag (2018): ECI -0.093, Rnk 73 / 137

GDP Flag (2018): $1.43T, CURRENT US$
Rnk 13 / 196

GDP GROWTH Flag (2008-2018): 36%, CURRENT US$
Rnk 105 / 196

GDP PC Flag (2018): $57,374, CURRENT US$
Rnk 12 / 196

GDP PC GROWTH Flag (2008-2018): 15.7%, CURRENT US$
Rnk 111 / 196

Australia-Cook Islands: In 2018, Australia exported $8.14M to Cook Islands. The main products exported from Australia to Cook Islands were Electrical Transformers ($2.42M), Hard Liquor ($519k), and Sheep and Goat Meat ($353k). During the last 23 years the exports of Australia to Cook Islands have increased at an annualized rate of 0.063%, from $8.02M in 1995 to $8.14M in 2018.

Cook Islands-Australia: In 2018, Cook Islands exported $364k to Australia. The main products exported from Cook Islands to Australia were Non-fillet Frozen Fish ($272k), Cheese ($81.1k), and Electrical Lighting and Signalling Equipment ($4.07k). During the last 23 years the exports of Cook Islands to Australia have decreased at an annualized rate of 4.53%, from $1.06M in 1995 to $364k in 2018.

Comparison: In 2018, Australia ranked 73 in the Economic Complexity Index (ECI -0.093), and 24 in total exports ($248B). That same year, Cook Islands ranked 198 in total exports ($42.3M), and does not have data regarding Economic Complexity Index. In terms of GDP Per Capita, Australia was ranked 12 with a GDP Per Capita of $57,374, while Cook Islands has no data regarding GDP Per Capita in 2018.

Bilateral Trade by Products

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Depth
Value

In 2018, Australia exported $8.14M to Cook Islands. The main products exported from Australia to Cook Islands were Electrical Transformers ($2.42M), Hard Liquor ($519k), and Sheep and Goat Meat ($353k). During the last 23 years the exports of Australia to Cook Islands have increased at an annualized rate of 0.063%, from $8.02M in 1995 to $8.14M in 2018.

In 2018, Cook Islands exported $364k to Australia. The main products exported from Cook Islands to Australia were Non-fillet Frozen Fish ($272k), Cheese ($81.1k), and Electrical Lighting and Signalling Equipment ($4.07k). During the last 23 years the exports of Cook Islands to Australia have decreased at an annualized rate of 4.53%, from $1.06M in 1995 to $364k in 2018.

Market Competitiveness

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Measure

Australia
Top Destination
: China, $87.9B

Cook Islands
Top Destination
: Japan, $14.1M

This map shows whether countries import more from Australia or Cook Islands. Each country is colored based on the difference in imports they receive from Australia and Cook Islands or the difference in the growth in imports.

In 2018, countries that imported more from Australia than Cook Islands were China ($87.9B), Japan ($27.6B), and South Korea ($19.2B).

In 2018, no countries were registered that imported more from Cook Islands than from Australia.

Comparative Advantage Australia - Cook Islands

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Depth

This chart compares trade between Australia and Cook Islands by product, considering products traded by both, Australia and Cook Islands.

During 2018, Australia had a large net trade with Cook Islands in the exports of Machines ($3.29M), Foodstuffs ($1.42M), and Chemical Products ($683k).

During 2018, Cook Islands had a large net trade with Australia in the exports of Animal Products ($353k), Machines ($4.07k), and Foodstuffs ($3.36k).

Trade Forecasts

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This section shows a forecast for total trade between Australia and Cook Islands. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Australia has comparative advantage over Cook Islands. Similarly, the more red a dot/product is, the more Cook Islands has comparative advantage over Australia.