2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

Canada-Cocos (Keeling) Islands Trade: In 2023, Canada exported $40.9k to Cocos (Keeling) Islands. The main products that Canada exported to Cocos (Keeling) Islands were Centrifuges ($21.7k), Other Rubber Products ($6.71k), and Refrigerators ($5.9k). Over the past 5 years the exports of Canada to Cocos (Keeling) Islands have decreased at an annualized rate of 28.2%, from $214k in 2018 to $40.9k in 2023.

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

Cocos (Keeling) Islands-Canada Trade: In 2023, Cocos (Keeling) Islands exported $125k to Canada. The main products that Cocos (Keeling) Islands exported to Canada were Eyewear Frames ($63.7k), Other Plastic Products ($22.1k), and Bananas ($9.19k). Over the past 5 years the exports of Cocos (Keeling) Islands to Canada have increased at an annualized rate of 1.31%,  from $117k in 2018 to $125k in 2023.

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

Comparison In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9),  and 10 in total exports ($574B). 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, Canada exported $40.9k to Cocos (Keeling) Islands. The main products exported from Canada to Cocos (Keeling) Islands were Centrifuges ($21.7k), Other Rubber Products ($6.71k), and Refrigerators ($5.9k). During the last 5 years the exports of Canada to Cocos (Keeling) Islands have decreased at an annualized rate of 28.2%, from $214k in 2018 to $40.9k in 2023.

In 2018, Cocos (Keeling) Islands exported $125k to Canada. The main products exported from Cocos (Keeling) Islands to Canada were Eyewear Frames ($63.7k), Other Plastic Products ($22.1k), and Bananas ($9.19k). During the last 5 years the exports of Cocos (Keeling) Islands to Canada have increased at an annualized rate of 1.31%, from $117k in 2023 to $125k in 2018.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$410B

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

In 2023, countries that imported more from Canada than Cocos (Keeling) Islands included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

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

Comparative Advantage Canada - Cocos (Keeling) Islands

Flow
Scale

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

During 2023, Canada had a large net trade with Cocos (Keeling) Islands in the exports of Machines ($27.9k), Plastics and Rubbers ($8.98k), and Miscellaneous ($4.05k).

During 2018, Cocos (Keeling) Islands had a large net trade with Canada in the exports of Instruments ($70.7k), Plastics and Rubbers ($30.1k), and Vegetable Products ($9.19k).

Economic Complexity

Competitive Landscape

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

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

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