2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-Cocos (Keeling) Islands Trade: In 2022, Italy exported $29.1k to Cocos (Keeling) Islands. The main products that Italy exported to Cocos (Keeling) Islands were Lifting Machinery ($29.1k). Over the past 9 years the exports of Italy to Cocos (Keeling) Islands have increased at an annualized rate of 10%, from $12.3k in 2013 to $29.1k in 2022.

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

Cocos (Keeling) Islands-Italy Trade: In 2022, Cocos (Keeling) Islands exported $7.09k to Italy. The main products that Cocos (Keeling) Islands exported to Italy were Semiconductor Devices ($7.09k). Over the past 9 years the exports of Cocos (Keeling) Islands to Italy have decreased at an annualized rate of 3.21%,  from $8.34k in 2013 to $7.09k in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Cocos (Keeling) Islands ranked 223 in total exports ($3.05M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $29.1k to Cocos (Keeling) Islands. The main products exported from Italy to Cocos (Keeling) Islands were Lifting Machinery ($29.1k). During the last 9 years the exports of Italy to Cocos (Keeling) Islands have increased at an annualized rate of 10%, from $12.3k in 2013 to $29.1k in 2022.

In 2017, Cocos (Keeling) Islands exported $7.09k to Italy. The main products exported from Cocos (Keeling) Islands to Italy were Semiconductor Devices ($7.09k). During the last 5 years the exports of Cocos (Keeling) Islands to Italy have decreased at an annualized rate of 3.21%, from $8.34k in 2022 to $7.09k in 2017.

Exports from Italy (Flag) to Cocos (Keeling) Islands (Flag) (2022)

Exports from Cocos (Keeling) Islands (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B

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

In 2022, countries that imported more from Italy than Cocos (Keeling) Islands included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

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

Comparative Advantage Italy - Cocos (Keeling) Islands

Flow
Scale

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

During 2022, Italy had a large net trade with Cocos (Keeling) Islands in the exports of Machines ($29.1k).

During 2017, Cocos (Keeling) Islands had a large net trade with Italy in the exports of Machines ($7.09k).

Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and Cocos (Keeling) Islands (Flag) (2022)

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