2023
Flag
 GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC
$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 195

About

Cocos (Keeling) Islands-Italy Trade: In 2023, Cocos (Keeling) Islands exported $9.93k to Italy. The main products that Cocos (Keeling) Islands exported to Italy were Synthetic Coloring Matter ($9.93k). Over the past 7 years the exports of Cocos (Keeling) Islands to Italy have increased at an annualized rate of 11.2%, from $4.73k in 2016 to $9.93k in 2023.

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

Italy-Cocos (Keeling) Islands Trade: In 2023, Italy exported $29.1k to Cocos (Keeling) Islands. The main products that Italy exported to Cocos (Keeling) Islands were N/A. Over the past 7 years the exports of Italy to Cocos (Keeling) Islands have increased at an annualized rate of 9.79%,  from $18.2k in 2016 to $29.1k in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cocos (Keeling) Islands exported $9.93k to Italy. The main products exported from Cocos (Keeling) Islands to Italy were Synthetic Coloring Matter ($9.93k). During the last 7 years the exports of Cocos (Keeling) Islands to Italy have increased at an annualized rate of 11.2%, from $4.73k in 2016 to $9.93k in 2023.

In 2017, Italy exported $29.1k to Cocos (Keeling) Islands. There were not main exports from Italy to Cocos (Keeling) Islands in 2017. During the last 5 years the exports of Italy to Cocos (Keeling) Islands have increased at an annualized rate of 9.79%, from $18.2k in 2022 to $29.1k in 2017.

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

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

Latest Data

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

Italy Exports

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B

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

In 2023, countries that imported more from Italy than Cocos (Keeling) Islands included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

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 2023, Cocos (Keeling) Islands had a large net trade with Italy in the exports of Chemical Products ($9.93k).

During 2017, Italy 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 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) (2023)

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