2022
Flag  
GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
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2022
Flag
GDP PC 
$49,583CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
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About

Belgium-Cocos (Keeling) Islands Trade: In 2022, Belgium exported $16.7k to Cocos (Keeling) Islands. The main products that Belgium exported to Cocos (Keeling) Islands were Self-adhesive Plastics ($12.5k), Non-Knit Women's Suits ($2.89k), and Cars ($1.32k). Over the past 5 years the exports of Belgium to Cocos (Keeling) Islands have increased at an annualized rate of 25.3%, from $5.4k in 2017 to $16.7k in 2022.

In 2022, Belgium did not export any services to Cocos (Keeling) Islands.

Cocos (Keeling) Islands-Belgium Trade: In 2022, Cocos (Keeling) Islands exported $1.52k to Belgium. The main products that Cocos (Keeling) Islands exported to Belgium were Hand Saws ($1.49k) and Iron Fasteners ($28). Over the past 5 years the exports of Cocos (Keeling) Islands to Belgium have decreased at an annualized rate of 36.3%,  from $14.4k in 2017 to $1.52k in 2022.

In 2022, Cocos (Keeling) Islands did not export any services to Belgium.

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). 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

In 2022, Belgium exported $16.7k to Cocos (Keeling) Islands. The main products exported from Belgium to Cocos (Keeling) Islands were Self-adhesive Plastics ($12.5k), Non-Knit Women's Suits ($2.89k), and Cars ($1.32k). During the last 5 years the exports of Belgium to Cocos (Keeling) Islands have increased at an annualized rate of 25.3%, from $5.4k in 2017 to $16.7k in 2022.

In 2017, Cocos (Keeling) Islands exported $1.52k to Belgium. The main products exported from Cocos (Keeling) Islands to Belgium were Hand Saws ($1.49k) and Iron Fasteners ($28). During the last 5 years the exports of Cocos (Keeling) Islands to Belgium have decreased at an annualized rate of 36.3%, from $14.4k in 2022 to $1.52k in 2017.

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

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

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B

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

In 2022, countries that imported more from Belgium than Cocos (Keeling) Islands included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, no countries were registered that imported more from Cocos (Keeling) Islands than from Belgium.

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

Comparative Advantage Belgium - Cocos (Keeling) Islands

Flow
Scale

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

During 2022, Belgium had a large net trade with Cocos (Keeling) Islands in the exports of Plastics and Rubbers ($12.5k), Textiles ($2.89k), and Transportation ($1.32k).

During 2017, Cocos (Keeling) Islands had a large net trade with Belgium in the exports of Metals ($1.52k).

Economic Complexity

Competitive Landscape

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

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

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