Flag United Kingdom / Cook Islands Flag

Exports Flag β†’ Flag  (2018): $178k, Rnk 209 / 217

Top Product Flag β†’ Flag (2018): $159k, Industrial Furnaces

Exports Flag β†’ Flag (2018): $32.8k, Rnk 21 / 40

Top Product Flag β†’ Flag (2018): $9.27k, Semiconductor Devices

Economic Complexity of Flag (2018): ECI 1.49, Rnk 13 / 137

GDP Flag (2018): $2.86T, CURRENT US$
Rnk 5 / 196

GDP GROWTH Flag (2008-2018): -2.31%, CURRENT US$
Rnk 171 / 196

GDP PC Flag (2018): $42,944, CURRENT US$
Rnk 22 / 196

GDP PC GROWTH Flag (2008-2018): -9.18%, CURRENT US$
Rnk 168 / 196

United Kingdom-Cook Islands: In 2018, United Kingdom exported $178k to Cook Islands. The main products that United Kingdom exported to Cook Islands are Industrial Furnaces ($159k), Special Pharmaceuticals ($3.53k), and Brochures ($3.12k). During the last 23 years the exports of United Kingdom to Cook Islands have decreased at an annualized rate of 8.73%, from $1.45M in 1995 to $178k in 2018.

In 2018, United Kingdom did not exported services to Cook Islands.

Cook Islands-United Kingdom: In 2018, Cook Islands exported $32.8k to United Kingdom . The main products that Cook Islands exported to United Kingdom were Semiconductor Devices ($9.27k), Knit Men's Undergarments ($6.03k), and Knit Women's Suits ($5.21k). During the last 23 years the exports of United Kingdom to Cook Islands have decreased at an annualized rate of 8.73%, from $1.45M in 1995 to $178k in 2018.

In 2018, Cook Islands did not exported services to United Kingdom.

Comparison: In 2018,  United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.49),  and 9 in total exports ($464B). That same year, Cook Islands ranked 198 in total exports ($42.3M), and does not have data regarding Economic Complexity Index.

Bilateral Trade by Products

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Depth
Value

In 2018, United Kingdom exported $178k to Cook Islands. The main products exported from United Kingdom to Cook Islands were Industrial Furnaces ($159k), Special Pharmaceuticals ($3.53k), and Brochures ($3.12k). During the last 23 years the exports of United Kingdom to Cook Islands have decreased at an annualized rate of 8.73%, from $1.45M in 1995 to $178k in 2018.

In 2018, Cook Islands exported $32.8k to United Kingdom. The main products exported from Cook Islands to United Kingdom were Semiconductor Devices ($9.27k), Knit Men's Undergarments ($6.03k), and Knit Women's Suits ($5.21k). During the last 23 years the exports of Cook Islands to United Kingdom have decreased at an annualized rate of 0.49%, from $36.7k in 1995 to $32.8k in 2018.

Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $61.9B

Cook Islands
Top Destination
: Japan, $14.1M

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

In 2018, countries that imported more from United Kingdom than Cook Islands were United States ($61.9B), Germany ($45.5B), and Netherlands ($33.3B).

In 2018, no countries were registered that imported more from Cook Islands than from United Kingdom.

Comparative Advantage United Kingdom - Cook Islands

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Depth

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

During 2018, United Kingdom had a large net trade with Cook Islands in the exports of Machines ($161k), Instruments ($4.22k), and Chemical Products ($3.53k).

During 2018, Cook Islands had a large net trade with United Kingdom in the exports of Machines ($14.1k), Textiles ($11.2k), and Instruments ($3.77k).

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 United Kingdom has comparative advantage over Cook Islands. Similarly, the more red a dot/product is, the more Cook Islands has comparative advantage over United Kingdom.