Flag Cocos (Keeling) Islands / Tanzania Flag

Exports Flag β†’ Flag  (2013): $1k, Rnk 43 / 43

Top Product Flag β†’ Flag (2013): $1k, Electric Heaters

Exports Flag β†’ Flag (2012): $1.02k, Rnk 154 / 154

Top Product Flag β†’ Flag (2012): $1.02k, Other Domestic Electric Housewares

Economic Complexity of Flag (2018): ECI -0.44, Rnk 84 / 137

GDP Flag (2018): $58B, CURRENT US$
Rnk 80 / 196

GDP GROWTH Flag (2008-2018): 108%, CURRENT US$
Rnk 26 / 196

GDP PC Flag (2018): $1,061, CURRENT US$
Rnk 169 / 196

GDP PC GROWTH Flag (2008-2018): 54.4%, CURRENT US$
Rnk 41 / 196

Cocos (Keeling) Islands-Tanzania: In 2013, Cocos (Keeling) Islands exported $1k to Tanzania. The main products that Cocos (Keeling) Islands exported to Tanzania are Electric Heaters ($1k). During the last 16 years the exports of Cocos (Keeling) Islands to Tanzania have decreased at an annualized rate of 21.7%, from $49.8k in 1997 to $1k in 2013.

In 2013, Cocos (Keeling) Islands did not exported services to Tanzania.

Tanzania-Cocos (Keeling) Islands: In 2013, Tanzania exported $1.02k to Cocos (Keeling) Islands . The main products that Tanzania exported to Cocos (Keeling) Islands were Other Domestic Electric Housewares ($1.02k). During the last 16 years the exports of Cocos (Keeling) Islands to Tanzania have decreased at an annualized rate of 21.7%, from $49.8k in 1997 to $1k in 2013.

In 2013, Tanzania did not exported services to Cocos (Keeling) Islands.

Comparison: In 2018,  Cocos (Keeling) Islands ranked 217 in total exports ($4.97M), and does not have data regarding Economic Complexity Index. That same year, Tanzania ranked 84 in the Economic Complexity Index (ECI -0.44), and 106 in total exports ($5.78B).

Bilateral Trade by Products

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Depth
Value

In 2013, Cocos (Keeling) Islands exported $1k to Tanzania. The main products exported from Cocos (Keeling) Islands to Tanzania were Electric Heaters ($1k). During the last 16 years the exports of Cocos (Keeling) Islands to Tanzania have decreased at an annualized rate of 21.7%, from $49.8k in 1997 to $1k in 2013.

In 2012, Tanzania exported $1.02k to Cocos (Keeling) Islands. The main products exported from Tanzania to Cocos (Keeling) Islands were Other Domestic Electric Housewares ($1.02k). During the last 13 years the exports of Tanzania to Cocos (Keeling) Islands have decreased at an annualized rate of 11.4%, from $7.04k in 1999 to $1.02k in 2012.

Market Competitiveness

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Measure

Cocos (Keeling) Islands
Top Destination
: United States, $2.89M

Tanzania
Top Destination
: Rwanda, $667M

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

In 2018, countries that imported more from Cocos (Keeling) Islands than Tanzania were Slovakia ($429k), Peru ($115k), and Guyana ($18.8k).

In 2018, countries that imported more from Tanzania than Cocos (Keeling) Islands were Rwanda ($667M), India ($595M), and China ($399M).

Comparative Advantage Cocos (Keeling) Islands - Tanzania

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Depth

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

During 2013, Cocos (Keeling) Islands had a large net trade with Tanzania in the exports of Machines ($1k).

During 2012, Tanzania had a large net trade with Cocos (Keeling) Islands in the exports of Machines ($1.02k).

Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

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 Cocos (Keeling) Islands has comparative advantage over Tanzania. Similarly, the more red a dot/product is, the more Tanzania has comparative advantage over Cocos (Keeling) Islands.