In 2018, Cook Islands exported a total of $42.3M, making it the number 198 exporter in the world. During the last five reported years the exports of Cook Islands have changed by $16.9M from $25.4M in 2013 to $42.3M in 2018.
In 2018 Cook Islands imported $113M, making it the number 205 trade destination in the world. During the last five reported years the imports of Cook Islands changed by -$38.3M from $152M in 2013 to $113M in 2018.
The top export opportunities for Cook Islands according to the relatedness index, are Coconut Oil (0.039), Live Fish (0.038), Crustaceans (0.038), Animal Meal and Pellets (0.036), and Molluscs (0.036). 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.
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 it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a 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 emissions.