2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH
48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC 
$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH
29.1%CURRENT US$
Rnk 66 / 186

About

In N/A, Nicaragua did not export any services to Cocos (Keeling) Islands.

Cocos (Keeling) Islands-Nicaragua Trade: In N/A, Cocos (Keeling) Islands exported $54.2k to Nicaragua. The main products that Cocos (Keeling) Islands exported to Nicaragua were Synthetic Coloring Matter ($54.1k), Motor vehicles; parts and accessories (8701 to 8705) ($86), and Microphones and Headphones ($3). Over the past N/A years the exports of Cocos (Keeling) Islands to Nicaragua have increased at an annualized rate of 354%,  from $28 in N/A to $54.2k in N/A.

In N/A, Cocos (Keeling) Islands did not export any services to Nicaragua.

Comparison In 2022,  Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97),  and 111 in total exports ($7.92B). 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

Nicaragua does not register exports to Cocos (Keeling) Islands.

In 2017, Cocos (Keeling) Islands exported $54.2k to Nicaragua. The main products exported from Cocos (Keeling) Islands to Nicaragua were Synthetic Coloring Matter ($54.1k), Motor vehicles; parts and accessories (8701 to 8705) ($86), and Microphones and Headphones ($3). During the last 5 years the exports of Cocos (Keeling) Islands to Nicaragua have increased at an annualized rate of 354%, from $28 in 2022 to $54.2k in 2017.

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

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

Market Competitiveness

Color
Nicaragua
Top Destination
United States$4.09B

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

In 2022, countries that imported more from Nicaragua than Cocos (Keeling) Islands included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

In 2022, countries that imported more from Cocos (Keeling) Islands than Nicaragua included Ethiopia ($22.8k), Benin ($12.5k), and Niger ($735).

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

Comparative Advantage Nicaragua - Cocos (Keeling) Islands

Flow
Scale

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

During 2017, Cocos (Keeling) Islands had a large net trade with Nicaragua in the exports of Chemical Products ($54.1k), Transportation ($86), and Machines ($3).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with