Cocos (Keeling) Islands (CCK) and Luxembourg (LUX) Trade | The Observatory of Economic Complexity

About

Cocos (Keeling) Islands-Luxembourg Trade: In 2023, Cocos (Keeling) Islands exported $7.31k to Luxembourg. The main products that Cocos (Keeling) Islands exported to Luxembourg were Video Recording Equipment ($6.52k), Rubberworking Machinery ($715), and Centrifuges ($74). Over the past 5 years the exports of Cocos (Keeling) Islands to Luxembourg have increased at an annualized rate of 99.9%, from $229 in 2018 to $7.31k in 2023.

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

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

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

Comparison In 2023, Cocos (Keeling) Islands ranked 219 in total exports ($5.87M). That same year, Luxembourg ranked 82 in total exports ($18.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Cocos (Keeling) Islands exported $7.31k to Luxembourg. The main products exported from Cocos (Keeling) Islands to Luxembourg were Video Recording Equipment ($6.52k), Rubberworking Machinery ($715), and Centrifuges ($74). During the last 5 years the exports of Cocos (Keeling) Islands to Luxembourg have increased at an annualized rate of 99.9%, from $229 in 2018 to $7.31k in 2023.

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

Exports from Cocos (Keeling) Islands () to Luxembourg () (2023)

Exports from Luxembourg () to Cocos (Keeling) Islands () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cocos (Keeling) Islands
Top DestinationUnited States$1.83M

Luxembourg
Top DestinationGermany$3.42B

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

In 2023, countries that imported more from Cocos (Keeling) Islands than Luxembourg included Eswatini ($555).

In 2023, countries that imported more from Luxembourg than Cocos (Keeling) Islands included Germany ($3.42B), France ($2.8B), and Belgium ($1.59B).

Difference in imports from Luxembourg () and Cocos (Keeling) Islands () (2023)

Comparative Advantage Cocos (Keeling) Islands - Luxembourg

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Cocos (Keeling) Islands had a large net trade with Luxembourg in the exports of Machines ($7.31k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cocos (Keeling) Islands () to Luxembourg () (2023)

Exports from Luxembourg () to Cocos (Keeling) Islands () (2023)

Market Competitiveness

Difference in imports from Luxembourg () and Cocos (Keeling) Islands () (2023)

Comparative Advantage Cocos (Keeling) Islands - Luxembourg

Economic Complexity

Competitive Landscape

Product Space of Cocos (Keeling) Islands () and Luxembourg () (2023)

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