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Pricing

2023
Exports $110kWorld Rnk 197 / 226
Flag Rnk 10 / 56
2023
Destination $84.1k Brazil
2022 - 2023
FASTEST GROWING MARKET $84.1kBrazil
2023
PRODUCT COMPLEXITY IN Iron or steel articles1.67Rnk 25 / 1025
2023
Imports $1.3MWorld Rnk 217 / 226
Flag Rnk 3 / 60
2023
Origin $1.05M Australia
2022 - 2023
FASTEST GROWING ORIGIN $1.05MAustralia

About

Exports In 2023, Cocos (Keeling) Islands exported $110k in Iron or steel articles, making it the 197th largest exporter of Iron or steel articles in the world. At the same year, Iron or steel articles was the 10th most exported product in Cocos (Keeling) Islands. The main destination of Iron or steel articles exports from Cocos (Keeling) Islands are: Brazil ($84.1k), Guatemala ($11.4k), United States ($6.01k), Belgium ($3.45k), and Kenya ($1.54k).

The fastest growing export markets for Iron or steel articles of Cocos (Keeling) Islands between 2022 and 2023 were Brazil ($84.1k), Guatemala ($9.5k), and Belgium ($3.42k).

Imports In 2023, Cocos (Keeling) Islands imported $1.3M in Iron or steel articles, becoming the 217th largest importer of Iron or steel articles in the world. At the same year, Iron or steel articles was the 3rd most imported product in Cocos (Keeling) Islands. Cocos (Keeling) Islands imports Iron or steel articles primarily from: Australia ($1.3M).

The fastest growing import markets in Iron or steel articles for Cocos (Keeling) Islands between 2022 and 2023 were Australia ($1.05M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron or steel articles. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$110k
IMPORTS (2023)$1.3M
NET TRADE (2023)-$1.19M

In 2023, Cocos (Keeling) Islands exported $110k in Iron or steel articles. The main destinations of Cocos (Keeling) Islands exports on Iron or steel articles were Brazil ($84.1k), Guatemala ($11.4k), United States ($6.01k), Belgium ($3.45k), and Kenya ($1.54k).

In 2023, Cocos (Keeling) Islands imported $1.3M in Iron or steel articles, mainly from Australia ($1.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron or steel articles EXPORT MARKETS FOR Cocos (Keeling) Islands WERE (2022 - 2023):
Brazil$84.1k (1%)
Guatemala$9.5k (511%)
Belgium$3.42k (11.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron or steel articles BY Cocos (Keeling) Islands WERE (2022 - 2023):
United States-$42k (-87.5%)
United Kingdom-$34.6k (-100%)
Singapore-$3.88k (-99.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Cocos (Keeling) Islands's main exporting competitors in Iron or steel articles were:
China $92.9B
Germany $34.3B
United States $21.8B
In 2023, Cocos (Keeling) Islands's main importing competitors in Iron or steel articles were:
United States $52.5B
Germany $27.4B
France $14.2B

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Trade Value of Iron or steel articles by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Iron or steel articles’s highest export potential is N/A. With an export gap of N/A.   Iron or steel articles’s highest import potential is N/A with an import gap of N/A.

See methodology.

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