About

Cocos (Keeling) Islands-Venezuela In 2013, Cocos (Keeling) Islands exported $15.2k to Venezuela. The main products that Cocos (Keeling) Islands exported to Venezuela are N/A. During the last 18 years the exports of Cocos (Keeling) Islands to Venezuela have decreased at an annualized rate of 24.3%, from $2.29M in 1995 to $15.2k in 2013.

In 2013, Cocos (Keeling) Islands did not export any services to Venezuela.

Venezuela-Cocos (Keeling) Islands In 2013, Venezuela exported $150 to Cocos (Keeling) Islands. The main products that Venezuela exported to Cocos (Keeling) Islands were N/A. During the last 18 years the exports of Venezuela to Cocos (Keeling) Islands have decreased at an annualized rate of 15.5%, from $3.08k in 1995 to $150 in 2013.

In 2013, Venezuela 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, Venezuela ranked 99 in the Economic Complexity Index (ECI -0.9), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2013, Cocos (Keeling) Islands exported $15.2k to Venezuela. There were not main exports from Cocos (Keeling) Islands to Venezuela in 2013. During the last 18 years the exports of Cocos (Keeling) Islands to Venezuela have decreased at an annualized rate of 24.3%, from $2.29M in 1995 to $15.2k in 2013.

In 2011, Venezuela exported $150 to Cocos (Keeling) Islands. There were not main exports from Venezuela to Cocos (Keeling) Islands in 2011. During the last 3 years the exports of Venezuela to Cocos (Keeling) Islands have decreased at an annualized rate of 15.5%, from $3.08k in 2008 to $150 in 2011.

Exports from Cocos (Keeling) Islands (Flag) to Venezuela (Flag) (2013)

Exports from Venezuela (Flag) to Cocos (Keeling) Islands (Flag) (2013)

Market Competitiveness

Color
Venezuela
Top Destination
China$703M

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

In 2021, countries that imported more from Cocos (Keeling) Islands than Venezuela were Ethiopia ($22.8k), Benin ($12.5k), and Kenya ($5.99k).

In 2021, countries that imported more from Venezuela than Cocos (Keeling) Islands were China ($703M), Turkey ($597M), and Spain ($518M).

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

Comparative Advantage Cocos (Keeling) Islands - Venezuela

Flow
Scale

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

During 2013, Cocos (Keeling) Islands had a large net trade with Venezuela in the exports of .

During 2011, Venezuela had a large net trade with Cocos (Keeling) Islands in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Cocos (Keeling) Islands has comparative advantage over Venezuela. Similarly, the more yellow a dot/product is, the more Venezuela has comparative advantage over Cocos (Keeling) Islands.

Product Space of Cocos (Keeling) Islands (Flag) and Venezuela (Flag) (2013)

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