2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Cocos (Keeling) Islands-Italy Trade: In 2022, Cocos (Keeling) Islands exported $1.39k to Italy. The main products that Cocos (Keeling) Islands exported to Italy were Semiconductor Devices ($7.09k). Over the past 10 years the exports of Cocos (Keeling) Islands to Italy have decreased at an annualized rate of 16%, from $7.88k in 2012 to $1.39k in 2022.

In 2022, Cocos (Keeling) Islands did not export any services to Italy.

Italy-Cocos (Keeling) Islands Trade: In 2022, Italy exported $12.3k to Cocos (Keeling) Islands. The main products that Italy exported to Cocos (Keeling) Islands were Lifting Machinery ($29.1k). Over the past 10 years the exports of Italy to Cocos (Keeling) Islands have decreased at an annualized rate of 27.1%,  from $289k in 2012 to $12.3k in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cocos (Keeling) Islands exported $1.39k to Italy. The main products exported from Cocos (Keeling) Islands to Italy were Semiconductor Devices ($7.09k). During the last 10 years the exports of Cocos (Keeling) Islands to Italy have decreased at an annualized rate of 16%, from $7.88k in 2012 to $1.39k in 2022.

In 2013, Italy exported $12.3k to Cocos (Keeling) Islands. The main products exported from Italy to Cocos (Keeling) Islands were Lifting Machinery ($29.1k). During the last 17 years the exports of Italy to Cocos (Keeling) Islands have decreased at an annualized rate of 27.1%, from $289k in 1996 to $12.3k in 2013.

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

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

Latest Data

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

Italy Exports

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B

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

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

In 2022, countries that imported more from Italy than Cocos (Keeling) Islands included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Cocos (Keeling) Islands - Italy

Flow
Scale

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

During 2022, Cocos (Keeling) Islands had a large net trade with Italy in the exports of Machines ($7.09k).

During 2013, Italy had a large net trade with Cocos (Keeling) Islands in the exports of Machines ($29.1k).

Economic Complexity

Competitive Landscape

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

Product Space of Cocos (Keeling) Islands (Flag) and Italy (Flag) (2022)

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