2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Cocos (Keeling) Islands-United States Trade: In 2022, Cocos (Keeling) Islands exported $1.36M to United States. The main products that Cocos (Keeling) Islands exported to United States were Other Furniture ($194k), Liquid Pumps ($169k), and Seats ($89.9k). Over the past 5 years the exports of Cocos (Keeling) Islands to United States have increased at an annualized rate of 5.88%, from $1.02M in 2017 to $1.36M in 2022.

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

United States-Cocos (Keeling) Islands Trade: In 2022, United States exported $1.92M to Cocos (Keeling) Islands. The main products that United States exported to Cocos (Keeling) Islands were Insulated Wire ($486k), Other Plastic Products ($306k), and Self-adhesive Plastics ($214k). Over the past 5 years the exports of United States to Cocos (Keeling) Islands have increased at an annualized rate of 20.4%,  from $363k in 2017 to $1.92M in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cocos (Keeling) Islands exported $1.36M to United States. The main products exported from Cocos (Keeling) Islands to United States were Other Furniture ($194k), Liquid Pumps ($169k), and Seats ($89.9k). During the last 5 years the exports of Cocos (Keeling) Islands to United States have increased at an annualized rate of 5.88%, from $1.02M in 2017 to $1.36M in 2022.

In 2017, United States exported $1.92M to Cocos (Keeling) Islands. The main products exported from United States to Cocos (Keeling) Islands were Insulated Wire ($486k), Other Plastic Products ($306k), and Self-adhesive Plastics ($214k). During the last 5 years the exports of United States to Cocos (Keeling) Islands have increased at an annualized rate of 20.4%, from $363k in 2022 to $1.92M in 2017.

Exports from Cocos (Keeling) Islands (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Cocos (Keeling) Islands (Flag) (2022)

Latest Data

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

United States Exports

Market Competitiveness

Color
United States
Top Destination
Canada$308B

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

In 2022, no countries were registered that imported more from Cocos (Keeling) Islands than from United States.

In 2022, countries that imported more from United States than Cocos (Keeling) Islands included Canada ($308B), Mexico ($294B), and China ($151B).

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

Comparative Advantage Cocos (Keeling) Islands - United States

Flow
Scale

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

During 2022, Cocos (Keeling) Islands had a large net trade with United States in the exports of Machines ($464k), Miscellaneous ($352k), and Instruments ($143k).

During 2017, United States had a large net trade with Cocos (Keeling) Islands in the exports of Machines ($814k), Plastics and Rubbers ($562k), and Metals ($156k).

Economic Complexity

Competitive Landscape

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

Product Space of Cocos (Keeling) Islands (Flag) and United States (Flag) (2022)

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