2023
Flag
 GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC
$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

Cocos (Keeling) Islands-Colombia Trade: In 2023, Cocos (Keeling) Islands exported $33k to Colombia. The main products that Cocos (Keeling) Islands exported to Colombia were Broadcasting Equipment ($18.9k), Gas and Liquid Flow Measuring Instruments ($13.3k), and Used Rubber Tires ($656). Over the past 11 years the exports of Cocos (Keeling) Islands to Colombia have decreased at an annualized rate of 22.1%, from $515k in 2012 to $33k in 2023.

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

Colombia-Cocos (Keeling) Islands In N/A, Colombia did not export any products to Cocos (Keeling) Islands.

In 2023, Colombia 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, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cocos (Keeling) Islands exported $33k to Colombia. The main products exported from Cocos (Keeling) Islands to Colombia were Broadcasting Equipment ($18.9k), Gas and Liquid Flow Measuring Instruments ($13.3k), and Used Rubber Tires ($656). During the last 11 years the exports of Cocos (Keeling) Islands to Colombia have decreased at an annualized rate of 22.1%, from $515k in 2012 to $33k in 2023.

Colombia does not register exports to Cocos (Keeling) Islands.

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

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

Market Competitiveness

Color
Colombia
Top Destination
United States$14.8B

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

In 2023, countries that imported more from Cocos (Keeling) Islands than Colombia included Burma ($17.4k) and Niger ($3.92k).

In 2023, countries that imported more from Colombia than Cocos (Keeling) Islands included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

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

Comparative Advantage Cocos (Keeling) Islands - Colombia

Flow
Scale

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

During 2023, Cocos (Keeling) Islands had a large net trade with Colombia in the exports of Machines ($18.9k), Instruments ($13.3k), and Plastics and Rubbers ($843).

Economic Complexity

Competitive Landscape

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

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

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