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Pricing

2022
Flag → Flag
Exports $23.4kRnk 17 / 64
2022
Flag → Flag
Top Product $19.8kMedical Instruments
2022
Flag → Flag
Exports $501Rnk 218 / 220
2022
Flag → Flag
Top Product $478Imitation Jewellery
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
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 GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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GDP PC$32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186

About

Cocos (Keeling) Islands-South Korea Trade: In 2022, Cocos (Keeling) Islands exported $23.4k to South Korea. The main products that Cocos (Keeling) Islands exported to South Korea were Medical Instruments ($19.8k), Machinery Having Individual Functions ($1.29k), and Motor vehicles; parts and accessories (8701 to 8705) ($923). Over the past 5 years the exports of Cocos (Keeling) Islands to South Korea have decreased at an annualized rate of 23.3%, from $88k in 2017 to $23.4k in 2022.

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

South Korea-Cocos (Keeling) Islands Trade: In 2022, South Korea exported $501 to Cocos (Keeling) Islands. The main products that South Korea exported to Cocos (Keeling) Islands were Imitation Jewellery ($478) and Jewellery ($23). Over the past 5 years the exports of South Korea to Cocos (Keeling) Islands have decreased at an annualized rate of 52.8%,  from $21.3k in 2017 to $501 in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cocos (Keeling) Islands exported $23.4k to South Korea. The main products exported from Cocos (Keeling) Islands to South Korea were Medical Instruments ($19.8k), Machinery Having Individual Functions ($1.29k), and Motor vehicles; parts and accessories (8701 to 8705) ($923). During the last 5 years the exports of Cocos (Keeling) Islands to South Korea have decreased at an annualized rate of 23.3%, from $88k in 2017 to $23.4k in 2022.

In 2017, South Korea exported $501 to Cocos (Keeling) Islands. The main products exported from South Korea to Cocos (Keeling) Islands were Imitation Jewellery ($478) and Jewellery ($23). During the last 5 years the exports of South Korea to Cocos (Keeling) Islands have decreased at an annualized rate of 52.8%, from $21.3k in 2022 to $501 in 2017.

Exports from Cocos (Keeling) Islands (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Cocos (Keeling) Islands (Flag) (2022)

Latest Data

Trade between Cocos (Keeling) Islands (Flag) and South Korea (Flag)

South Korea Exports

Market Competitiveness

Color
Cocos (Keeling) Islands
Top DestinationUnited States$1.36M
South Korea
Top DestinationChina$150B

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

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

In 2022, countries that imported more from South Korea than Cocos (Keeling) Islands included China ($150B), United States ($112B), and Vietnam ($60.7B).

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

Comparative Advantage Cocos (Keeling) Islands - South Korea

Flow
Scale

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

During 2022, Cocos (Keeling) Islands had a large net trade with South Korea in the exports of Instruments ($19.8k), Machines ($2.01k), and Transportation ($923).

During 2017, South Korea had a large net trade with Cocos (Keeling) Islands in the exports of Precious Metals ($501).

Economic Complexity

Competitive Landscape

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

Product Space of Cocos (Keeling) Islands (Flag) and South Korea (Flag) (2022)

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