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 / 196
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

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.

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.

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, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $125k in 2023.

In 2018, 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 2023 to $40.9k in 2018.

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

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

Latest Data

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

Canada Exports

Market Competitiveness

Color
Canada
Top Destination
United States$410B

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

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

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

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

Comparative Advantage Cocos (Keeling) Islands - Canada

Flow
Scale

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

During 2023, 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).

During 2018, 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).

Economic Complexity

Competitive Landscape

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

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

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