2023
Flag
 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

Cocos (Keeling) Islands-Malaysia Trade: In 2023, Cocos (Keeling) Islands exported $260 to Malaysia. The main products that Cocos (Keeling) Islands exported to Malaysia were Centrifuges ($185) and Rubber Tires ($75). Over the past 9 years the exports of Cocos (Keeling) Islands to Malaysia have decreased at an annualized rate of 27%, from $4.4k in 2014 to $260 in 2023.

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

Malaysia-Cocos (Keeling) Islands Trade: In 2023, Malaysia exported $29 to Cocos (Keeling) Islands. The main products that Malaysia exported to Cocos (Keeling) Islands were Rolled Tobacco ($29). Over the past 9 years the exports of Malaysia to Cocos (Keeling) Islands have decreased at an annualized rate of 72.4%,  from $869k in 2014 to $29 in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cocos (Keeling) Islands exported $260 to Malaysia. The main products exported from Cocos (Keeling) Islands to Malaysia were Centrifuges ($185) and Rubber Tires ($75). During the last 9 years the exports of Cocos (Keeling) Islands to Malaysia have decreased at an annualized rate of 27%, from $4.4k in 2014 to $260 in 2023.

In 2018, Malaysia exported $29 to Cocos (Keeling) Islands. The main products exported from Malaysia to Cocos (Keeling) Islands were Rolled Tobacco ($29). During the last 5 years the exports of Malaysia to Cocos (Keeling) Islands have decreased at an annualized rate of 72.4%, from $869k in 2023 to $29 in 2018.

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

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

Latest Data

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

Malaysia Exports

Market Competitiveness

Color
Malaysia
Top Destination
China$79.8B

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

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

In 2023, countries that imported more from Malaysia than Cocos (Keeling) Islands included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Cocos (Keeling) Islands - Malaysia

Flow
Scale

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

During 2023, Cocos (Keeling) Islands had a large net trade with Malaysia in the exports of Machines ($185) and Plastics and Rubbers ($75).

During 2018, Malaysia had a large net trade with Cocos (Keeling) Islands in the exports of Foodstuffs ($29).

Economic Complexity

Competitive Landscape

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

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

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