Flag Cook Islands / Australia Flag

2021
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Exports
: $81.8k, Rnk 11 / 61

2021
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Top Product
: $29.6k, Packaged Medicaments

2021
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Exports
: $5.43M, Rnk 146 / 208

2021
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Top Product
: $452k, Sheep and Goat Meat

2021
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Economic Complexity (ECI)
: ECI -0.41, Rnk 82 / 131

2021
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 GDP
: $1.54T, CURRENT US$
Rnk 13 / 182

2011-2021
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GDP GROWTH
: 10.4%, CURRENT US$
Rnk 131 / 182

2021
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GDP PC
: $59,934, CURRENT US$
Rnk 12 / 182

2011-2021
Flag
GDP PC GROWTH
: -4.22%, CURRENT US$
Rnk 138 / 182

Cook Islands-Australia In 2021, Cook Islands exported $81.8k to Australia. The main products that Cook Islands exported to Australia are Packaged Medicaments ($29.6k), Coconut Oil ($19.8k), and Knit Women's Suits ($10.2k). During the last 26 years the exports of Cook Islands to Australia have decreased at an annualized rate of 9.37%, from $1.06M in 1995 to $81.8k in 2021.

In 2021, Cook Islands did not export any services to Australia.

Australia-Cook Islands In 2021, Australia exported $5.43M to Cook Islands. The main products that Australia exported to Cook Islands were Sheep and Goat Meat ($452k), Limestone ($403k), and Hard Liquor ($346k). During the last 26 years the exports of Australia to Cook Islands have decreased at an annualized rate of 1.5%, from $8.05M in 1995 to $5.43M in 2021.

In 2021, Australia did not export any services to Cook Islands.

Comparison In 2021,  Cook Islands ranked 205 in total exports ($31.4M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 82 in the Economic Complexity Index (ECI -0.41), and 20 in total exports ($343B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Cook Islands exported $81.8k to Australia. The main products exported from Cook Islands to Australia were Packaged Medicaments ($29.6k), Coconut Oil ($19.8k), and Knit Women's Suits ($10.2k). During the last 26 years the exports of Cook Islands to Australia have decreased at an annualized rate of 9.37%, from $1.06M in 1995 to $81.8k in 2021.

In 2021, Australia exported $5.43M to Cook Islands. The main products exported from Australia to Cook Islands were Sheep and Goat Meat ($452k), Limestone ($403k), and Hard Liquor ($346k). During the last 26 years the exports of Australia to Cook Islands have decreased at an annualized rate of 1.5%, from $8.05M in 1995 to $5.43M in 2021.

Australia Exports

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Market Competitiveness

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Color

Cook Islands
Top Destination
: Japan, $12.9M

Australia
Top Destination
: China, $138B

This map shows whether countries import more from Cook Islands or Australia. Each country is colored based on the difference in imports they receive from Cook Islands and Australia or the difference in the growth in imports.

In 2019, no countries were registered that imported more from Cook Islands than from Australia.

In 2021, countries that imported more from Australia than Cook Islands were China ($138B), Japan ($47B), and South Korea ($29.4B).

Comparative Advantage Cook Islands - Australia

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Flow
Scale

This chart compares trade between Cook Islands and Australia by product, considering products traded by both, Cook Islands and Australia.

During 2021, Cook Islands had a large net trade with Australia in the exports of Chemical Products ($32.7k), Animal and Vegetable Bi-Products ($19.8k), and Textiles ($10.2k).

During 2021, Australia had a large net trade with Cook Islands in the exports of Foodstuffs ($1.39M), Machines ($824k), and Chemical Products ($688k).

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 yellow.  This mean that the more blue a dot/product is, the more Cook Islands has comparative advantage over Australia. Similarly, the more yellow a dot/product is, the more Australia has comparative advantage over Cook Islands.