2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH
48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC
$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH
29.1%CURRENT US$
Rnk 66 / 186

About

Cocos (Keeling) Islands-Nicaragua Trade: In 2022, Cocos (Keeling) Islands exported $54.2k to Nicaragua. The main products that Cocos (Keeling) Islands exported to Nicaragua were Synthetic Coloring Matter ($54.1k), Motor vehicles; parts and accessories (8701 to 8705) ($86), and Microphones and Headphones ($3). Over the past 6 years the exports of Cocos (Keeling) Islands to Nicaragua have increased at an annualized rate of 140%, from $286 in 2016 to $54.2k in 2022.

In 2022, Cocos (Keeling) Islands did not export any services to Nicaragua.

Nicaragua-Cocos (Keeling) Islands In N/A, Nicaragua did not export any products to Cocos (Keeling) Islands.

In 2022, Nicaragua did not export any services to Cocos (Keeling) Islands.

Comparison In 2022,  Cocos (Keeling) Islands ranked 223 in total exports ($3.05M), and does not have data regarding Economic Complexity Index. That same year, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cocos (Keeling) Islands exported $54.2k to Nicaragua. The main products exported from Cocos (Keeling) Islands to Nicaragua were Synthetic Coloring Matter ($54.1k), Motor vehicles; parts and accessories (8701 to 8705) ($86), and Microphones and Headphones ($3). During the last 6 years the exports of Cocos (Keeling) Islands to Nicaragua have increased at an annualized rate of 140%, from $286 in 2016 to $54.2k in 2022.

Nicaragua does not register exports to Cocos (Keeling) Islands.

Exports from Cocos (Keeling) Islands (Flag) to Nicaragua (Flag) (2022)

Exports from Nicaragua (Flag) to Cocos (Keeling) Islands (Flag) (2022)

Market Competitiveness

Color
Nicaragua
Top Destination
United States$4.09B

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

In 2022, countries that imported more from Cocos (Keeling) Islands than Nicaragua included Ethiopia ($22.8k), Benin ($12.5k), and Niger ($735).

In 2022, countries that imported more from Nicaragua than Cocos (Keeling) Islands included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

Difference in imports from Nicaragua (Flag) and Cocos (Keeling) Islands (Flag) (2022)

Comparative Advantage Cocos (Keeling) Islands - Nicaragua

Flow
Scale

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

During 2022, Cocos (Keeling) Islands had a large net trade with Nicaragua in the exports of Chemical Products ($54.1k), Transportation ($86), and Machines ($3).

Economic Complexity

Competitive Landscape

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

Product Space of Cocos (Keeling) Islands (Flag) and Nicaragua (Flag) (2022)

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