Cocos (Keeling) Islands (CCK) and Australia (AUS) Trade | The Observatory of Economic Complexity

2023

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Exports $199kRnk 4 / 64

2023

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About

Cocos (Keeling) Islands-Australia Trade: In 2023, Cocos (Keeling) Islands exported $199k to Australia. The main products that Cocos (Keeling) Islands exported to Australia were Compasses ($127k), Low-voltage Protection Equipment ($22.8k), and Surveying Equipment ($18.4k). Over the past 5 years the exports of Cocos (Keeling) Islands to Australia have increased at an annualized rate of 22.2%, from $73.2k in 2018 to $199k in 2023.

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

Australia-Cocos (Keeling) Islands Trade: In 2023, Australia exported $11.4M to Cocos (Keeling) Islands. The main products that Australia exported to Cocos (Keeling) Islands were Iron Structures ($1.16M), Special purpose motor vehicles ($1.14M), and Cars ($988k). Over the past 5 years the exports of Australia to Cocos (Keeling) Islands have increased at an annualized rate of 19.2%, from $3.33M in 2018 to $11.4M in 2023.

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

Comparison In 2023, Cocos (Keeling) Islands ranked 219 in total exports ($5.87M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Latest Data

Trade between Cocos (Keeling) Islands () and Australia ()

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cocos (Keeling) Islands
Top DestinationUnited States$1.83M

Australia
Top DestinationChina$137B

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

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

In 2023, countries that imported more from Australia than Cocos (Keeling) Islands included China ($137B), Japan ($59B), and South Korea ($20.9B).

Difference in imports from Australia () and Cocos (Keeling) Islands () (2023)

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cocos (Keeling) Islands and Australia. This means that a dot/product with the flag of Cocos (Keeling) Islands indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Cocos (Keeling) Islands.