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2023
Flag → Flag
Exports $99.6kRnk 11 / 64
2023
Flag → Flag
Top Product $86.9kFrozen Fruits and Nuts
2023
Flag → Flag
Exports $16.7kRnk 98 / 0
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag
 GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC$54,701CURRENT US$
Rnk 20 / 196
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195

About

Cocos (Keeling) Islands-Belgium Trade: In 2023, Cocos (Keeling) Islands exported $99.6k to Belgium. The main products that Cocos (Keeling) Islands exported to Belgium were Frozen Fruits and Nuts ($86.9k), Beauty Products ($8.92k), and Iron Pipe Fittings ($3.45k). Over the past 5 years the exports of Cocos (Keeling) Islands to Belgium have decreased at an annualized rate of 4.43%, from $125k in 2018 to $99.6k in 2023.

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

Belgium-Cocos (Keeling) Islands Trade: In 2023, Belgium exported $16.7k to Cocos (Keeling) Islands. The main products that Belgium exported to Cocos (Keeling) Islands were N/A. 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 2018 to $16.7k in 2023.

In 2023, Belgium 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, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cocos (Keeling) Islands exported $99.6k to Belgium. The main products exported from Cocos (Keeling) Islands to Belgium were Frozen Fruits and Nuts ($86.9k), Beauty Products ($8.92k), and Iron Pipe Fittings ($3.45k). During the last 5 years the exports of Cocos (Keeling) Islands to Belgium have decreased at an annualized rate of 4.43%, from $125k in 2018 to $99.6k in 2023.

In 2017, Belgium exported $16.7k to Cocos (Keeling) Islands. There were not main exports from Belgium to Cocos (Keeling) Islands in 2017. 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 2022 to $16.7k in 2017.

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

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

Latest Data

Trade between Cocos (Keeling) Islands (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

Color
Cocos (Keeling) Islands
Top DestinationUnited States$1.83M
Belgium
Top DestinationFrance$85.6B

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

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

In 2023, countries that imported more from Belgium than Cocos (Keeling) Islands included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

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

Comparative Advantage Cocos (Keeling) Islands - Belgium

Flow
Scale

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

During 2023, Cocos (Keeling) Islands had a large net trade with Belgium in the exports of Vegetable Products ($86.9k), Chemical Products ($8.92k), and Metals ($3.45k).

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

Economic Complexity

Competitive Landscape

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

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

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