2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Cocos (Keeling) Islands-Nigeria Trade: In 2022, Cocos (Keeling) Islands exported $13.1k to Nigeria. The main products that Cocos (Keeling) Islands exported to Nigeria were Washing and Bottling Machines ($12.7k), Electrical Transformers ($330), and Engine Parts ($120). Over the past 7 years the exports of Cocos (Keeling) Islands to Nigeria have decreased at an annualized rate of 22.1%, from $75.4k in 2015 to $13.1k in 2022.

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

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

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cocos (Keeling) Islands exported $13.1k to Nigeria. The main products exported from Cocos (Keeling) Islands to Nigeria were Washing and Bottling Machines ($12.7k), Electrical Transformers ($330), and Engine Parts ($120). During the last 7 years the exports of Cocos (Keeling) Islands to Nigeria have decreased at an annualized rate of 22.1%, from $75.4k in 2015 to $13.1k in 2022.

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

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

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

Market Competitiveness

Color
Nigeria
Top Destination
Spain$9.41B

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

In 2022, countries that imported more from Cocos (Keeling) Islands than Nigeria included Fiji ($1).

In 2022, countries that imported more from Nigeria than Cocos (Keeling) Islands included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Cocos (Keeling) Islands - Nigeria

Flow
Scale

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

During 2022, Cocos (Keeling) Islands had a large net trade with Nigeria in the exports of Machines ($13.1k).

Economic Complexity

Competitive Landscape

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

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

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