2023
Flag
 GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC
$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

Cocos (Keeling) Islands-United Kingdom Trade: In 2023, Cocos (Keeling) Islands exported $676k to United Kingdom. The main products that Cocos (Keeling) Islands exported to United Kingdom were Medical Instruments ($101k), Plastic Floor Coverings ($98k), and Artificial Vegetation ($80k). Over the past 5 years the exports of Cocos (Keeling) Islands to United Kingdom have increased at an annualized rate of 72%, from $44.9k in 2018 to $676k in 2023.

In 2023, Cocos (Keeling) Islands did not export any services to United Kingdom.

United Kingdom-Cocos (Keeling) Islands Trade: In 2023, United Kingdom exported $29.9k to Cocos (Keeling) Islands. The main products that United Kingdom exported to Cocos (Keeling) Islands were Delivery Trucks ($19.9k), Chemical Analysis Instruments ($6.04k), and Electrical Resistors ($2.53k). Over the past 5 years the exports of United Kingdom to Cocos (Keeling) Islands have decreased at an annualized rate of 40.1%,  from $387k in 2018 to $29.9k in 2023.

In 2023, United Kingdom did not export any services to Cocos (Keeling) Islands.

Comparison In 2023,  Cocos (Keeling) Islands ranked 219 in total exports ($5.87M), and does not have data regarding Economic Complexity Index. That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cocos (Keeling) Islands exported $676k to United Kingdom. The main products exported from Cocos (Keeling) Islands to United Kingdom were Medical Instruments ($101k), Plastic Floor Coverings ($98k), and Artificial Vegetation ($80k). During the last 5 years the exports of Cocos (Keeling) Islands to United Kingdom have increased at an annualized rate of 72%, from $44.9k in 2018 to $676k in 2023.

In 2018, United Kingdom exported $29.9k to Cocos (Keeling) Islands. The main products exported from United Kingdom to Cocos (Keeling) Islands were Delivery Trucks ($19.9k), Chemical Analysis Instruments ($6.04k), and Electrical Resistors ($2.53k). During the last 5 years the exports of United Kingdom to Cocos (Keeling) Islands have decreased at an annualized rate of 40.1%, from $387k in 2023 to $29.9k in 2018.

Exports from Cocos (Keeling) Islands (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Cocos (Keeling) Islands (Flag) (2023)

Latest Data

Trade between Cocos (Keeling) Islands (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B

This map shows whether countries import more from Cocos (Keeling) Islands or United Kingdom. Each country is colored based on the difference in imports they receive from Cocos (Keeling) Islands and United Kingdom or the difference in the growth in imports.

In 2023, no countries were registered that imported more from Cocos (Keeling) Islands than from United Kingdom.

In 2023, countries that imported more from United Kingdom than Cocos (Keeling) Islands included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Cocos (Keeling) Islands (Flag) (2023)

Comparative Advantage Cocos (Keeling) Islands - United Kingdom

Flow
Scale

This chart compares trade between Cocos (Keeling) Islands and United Kingdom by product, considering products traded by both, Cocos (Keeling) Islands and United Kingdom.

During 2023, Cocos (Keeling) Islands had a large net trade with United Kingdom in the exports of Plastics and Rubbers ($150k), Machines ($130k), and Instruments ($119k).

During 2018, United Kingdom had a large net trade with Cocos (Keeling) Islands in the exports of Transportation ($19.9k), Instruments ($6.04k), and Machines ($3.98k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cocos (Keeling) Islands and United Kingdom. This means that a dot/product with the flag of Cocos (Keeling) Islands indicates it has a comparative advantage over United Kingdom. Similarly, a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Cocos (Keeling) Islands.

Product Space of Cocos (Keeling) Islands (Flag) and United Kingdom (Flag) (2023)

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