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Overview In 2021 Cook Islands was the number 205 economy in the world in terms of total exports and the number 204 in total imports.

Exports The top exports of Cook Islands are Non-fillet Frozen Fish ($13M), Recreational Boats ($8.92M), Fish Fillets ($5.85M), Paintings ($722k), and Crustaceans ($523k), exporting mostly to Japan ($12.9M), France ($5.67M), Thailand ($5.02M), Greece ($2.05M), and China ($1.87M).

Imports The top imports of Cook Islands are Recreational Boats ($44.5M), Refined Petroleum ($19.8M), Integrated Circuits ($9.25M), Sawn Wood ($4.57M), and Other Edible Preparations ($3.77M), importing mostly from New Zealand ($123M), Turkey ($25.8M), Italy ($23.1M), Israel ($9.84M), and Fiji ($8.3M).

Latest Trends

Latest Trade

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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Cook Islands.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Subscribe today to OEC pro and access the latest data

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Subscribe today to OEC pro and access the latest data

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2021)Non-fillet Frozen Fish$13M
Top Destination (2021)Japan$12.9M

In 2021, Cook Islands exported a total of $31.4M, making it the number 205 exporter in the world. During the last five reported years the exports of Cook Islands have changed by -$6.18M from $37.6M in 2016 to $31.4M in 2021.

The most recent exports are led by Non-fillet Frozen Fish ($13M), Recreational Boats ($8.92M), Fish Fillets ($5.85M), Paintings ($722k), and Crustaceans ($523k). The most common destination for the exports of Cook Islands are Japan ($12.9M), France ($5.67M), Thailand ($5.02M), Greece ($2.05M), and China ($1.87M).

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Exports (2021)
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Destinations (2021)
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Market Growth

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Fastest Growing Export Markets (2020 - 2021)
France$2.81M (+ 98.7%)
Thailand$1.18M (+ 30.9%)
New Zealand$248k (+ 104%)
Fastest Growing Import Markets (2020 - 2021)
New Zealand$58.6M (+ 91.4%)
Italy$23M (+ 25.1k%)
Turkey$22.8M (+ 760%)

Total Export Growth by Market (2020 - 2021)

Economic Complexity

Most Specialized Products by RCA Index

Cook Islands has a high level of specialization in Non-fillet Frozen Fish (347), Recreational Boats (246), Fish Fillets (149), Coin (44.5), and Paintings (31.9). Specialization is measured using RCA, an index that takes the ratio between Cook Islands observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Cook Islands according to the product complexity index (PCI) are Organo-sulphur compounds (1.28), Tube or pipe fittings (e.g. couplings, elbows, sleeves), of iron or steel (1.12), Tools; hand-operated mechanical appliances, weighing 10kg or less, used in the preparation,... (0.66), Pharmaceutical goods (0.6), and Paintings, drawings, pastels, executed entirely by hand; not drawings of heading no.... (0.54). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Cook Islands according to the relatedness index, were Cocoa Beans (0.048), Gold (0.046), Non-fillet Fresh Fish (0.045), Hard Liquor (0.044), and Live Fish (0.044). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Cook Islands is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Cook Islands. These are products that tend to be co-exported with the products that Cook Islands exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

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