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
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
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About

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.

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.

Comparison In 2022,  Cocos (Keeling) Islands ranked 223 in total exports ($3.05M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $1.52k in 2022.

In 2017, 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 2022 to $16.7k in 2017.

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

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

Latest Data

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

Belgium Exports

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B

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

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

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

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 2022, Cocos (Keeling) Islands had a large net trade with Belgium in the exports of Metals ($1.52k).

During 2017, 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).

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) (2022)

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