2023
Flag  
GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC 
$33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195

About

South Korea-Cocos (Keeling) Islands Trade: In 2022, South Korea exported $501 to Cocos (Keeling) Islands. The main products that South Korea exported to Cocos (Keeling) Islands were N/A. Over the past 7 years the exports of South Korea to Cocos (Keeling) Islands have decreased at an annualized rate of 44.7%, from $31.7k in 2015 to $501 in 2022.

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

Cocos (Keeling) Islands-South Korea Trade: In 2022, Cocos (Keeling) Islands exported $23.4k to South Korea. The main products that Cocos (Keeling) Islands exported to South Korea were N/A. Over the past 7 years the exports of Cocos (Keeling) Islands to South Korea have decreased at an annualized rate of 5.6%,  from $88k in 2015 to $23.4k in 2022.

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

Comparison In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85),  and 5 in total exports ($645B). That same year, Cocos (Keeling) Islands ranked 219 in total exports ($5.87M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $501 to Cocos (Keeling) Islands. There were not main exports from South Korea to Cocos (Keeling) Islands in 2022. During the last 7 years the exports of South Korea to Cocos (Keeling) Islands have decreased at an annualized rate of 44.7%, from $31.7k in 2015 to $501 in 2022.

In 2017, Cocos (Keeling) Islands exported $23.4k to South Korea. There were not main exports from Cocos (Keeling) Islands to South Korea in 2017. During the last 5 years the exports of Cocos (Keeling) Islands to South Korea have decreased at an annualized rate of 5.6%, from $88k in 2022 to $23.4k in 2017.

Exports from South Korea (Flag) to Cocos (Keeling) Islands (Flag) (2022)

Exports from Cocos (Keeling) Islands (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top Destination
China$162B

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

In 2023, countries that imported more from South Korea than Cocos (Keeling) Islands included China ($162B), United States ($118B), and Hong Kong ($28.8B).

In 2023, countries that imported more from Cocos (Keeling) Islands than South Korea included Liberia ($34.9k).

Difference in imports from Cocos (Keeling) Islands (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Cocos (Keeling) Islands

Flow
Scale

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

During 2022, South Korea had a large net trade with Cocos (Keeling) Islands in the exports of .

During 2017, Cocos (Keeling) Islands had a large net trade with South Korea in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of South Korea and Cocos (Keeling) Islands. This means that a dot/product with the flag of South Korea 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 South Korea.

Product Space of South Korea (Flag) and Cocos (Keeling) Islands (Flag) (2022)

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