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2023
Flag → Flag
Exports $175kRnk 200 / 217
2023
Flag → Flag
Top Product $174kHousehold Washing Machines
2023
Flag → Flag
Exports $1.68MRnk 2 / 64
2023
Flag → Flag
Top Product $1.36MPassenger and Cargo Ships
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag  
GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC $84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195

About

Singapore-Cocos (Keeling) Islands Trade: In 2023, Singapore exported $175k to Cocos (Keeling) Islands. The main products that Singapore exported to Cocos (Keeling) Islands were Household Washing Machines ($174k) and Phosphinates (hypophosphites) and phosphonates (phosphites) ($687). Over the past 9 years the exports of Singapore to Cocos (Keeling) Islands have increased at an annualized rate of 4.2%, from $121k in 2014 to $175k in 2023.

In 2023, Singapore did not export any services to Cocos (Keeling) Islands.

Cocos (Keeling) Islands-Singapore Trade: In 2023, Cocos (Keeling) Islands exported $1.68M to Singapore. The main products that Cocos (Keeling) Islands exported to Singapore were Passenger and Cargo Ships ($1.36M), Pasta ($135k), and Interchangeable Tool Parts ($81.5k). Over the past 9 years the exports of Cocos (Keeling) Islands to Singapore have increased at an annualized rate of 65.4%,  from $136k in 2014 to $1.68M in 2023.

In 2023, Cocos (Keeling) Islands did not export any services to Singapore.

Comparison In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62),  and 24 in total exports ($333B). 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 2023, Singapore exported $175k to Cocos (Keeling) Islands. The main products exported from Singapore to Cocos (Keeling) Islands were Household Washing Machines ($174k) and Phosphinates (hypophosphites) and phosphonates (phosphites) ($687). During the last 9 years the exports of Singapore to Cocos (Keeling) Islands have increased at an annualized rate of 4.2%, from $121k in 2014 to $175k in 2023.

In 2018, Cocos (Keeling) Islands exported $1.68M to Singapore. The main products exported from Cocos (Keeling) Islands to Singapore were Passenger and Cargo Ships ($1.36M), Pasta ($135k), and Interchangeable Tool Parts ($81.5k). During the last 5 years the exports of Cocos (Keeling) Islands to Singapore have increased at an annualized rate of 65.4%, from $136k in 2023 to $1.68M in 2018.

Exports from Singapore (Flag) to Cocos (Keeling) Islands (Flag) (2023)

Exports from Cocos (Keeling) Islands (Flag) to Singapore (Flag) (2023)

Latest Data

Trade between Singapore (Flag) and Cocos (Keeling) Islands (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$44.5B
Cocos (Keeling) Islands
Top DestinationUnited States$1.83M

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

In 2023, countries that imported more from Singapore than Cocos (Keeling) Islands included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, no countries were registered that imported more from Cocos (Keeling) Islands than from Singapore.

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

Comparative Advantage Singapore - Cocos (Keeling) Islands

Flow
Scale

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

During 2023, Singapore had a large net trade with Cocos (Keeling) Islands in the exports of Machines ($174k) and Chemical Products ($687).

During 2018, Cocos (Keeling) Islands had a large net trade with Singapore in the exports of Transportation ($1.36M), Foodstuffs ($135k), and Metals ($89.7k).

Economic Complexity

Competitive Landscape

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

Product Space of Singapore (Flag) and Cocos (Keeling) Islands (Flag) (2023)

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