2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
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GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
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GDP PC GROWTH
30.9%CURRENT US$
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About

Cocos (Keeling) Islands-Philippines In 2022, Cocos (Keeling) Islands exported $4.64k to Philippines. The main products that Cocos (Keeling) Islands exported to Philippines are Wheelchairs ($4.32k) and Rubber Apparel ($324). During the last 26 years the exports of Cocos (Keeling) Islands to Philippines have decreased at an annualized rate of 3.67%, from $12.3k in 1996 to $4.64k in 2022.

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

Philippines-Cocos (Keeling) Islands In 2022, Philippines exported $19k to Cocos (Keeling) Islands. The main products that Philippines exported to Cocos (Keeling) Islands were Air Conditioners ($19k). During the last 26 years the exports of Philippines to Cocos (Keeling) Islands have increased at an annualized rate of 5.09%, from $5.22k in 1996 to $19k in 2022.

In 2022, Philippines 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, Philippines ranked 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cocos (Keeling) Islands exported $4.64k to Philippines. The main products exported from Cocos (Keeling) Islands to Philippines were Wheelchairs ($4.32k) and Rubber Apparel ($324). During the last 26 years the exports of Cocos (Keeling) Islands to Philippines have decreased at an annualized rate of 3.67%, from $12.3k in 1996 to $4.64k in 2022.

In 2022, Philippines exported $19k to Cocos (Keeling) Islands. The main products exported from Philippines to Cocos (Keeling) Islands were Air Conditioners ($19k). During the last 26 years the exports of Philippines to Cocos (Keeling) Islands have increased at an annualized rate of 5.09%, from $5.22k in 1996 to $19k in 2022.

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

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

Latest Data

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

Philippines Exports

Date

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B

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

In 2019, no countries were registered that imported more from Cocos (Keeling) Islands than from Philippines.

In 2021, countries that imported more from Philippines than Cocos (Keeling) Islands were United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Cocos (Keeling) Islands - Philippines

Flow
Scale

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

During 2022, Cocos (Keeling) Islands had a large net trade with Philippines in the exports of Transportation ($4.32k) and Plastics and Rubbers ($324).

During 2022, Philippines had a large net trade with Cocos (Keeling) Islands in the exports of Machines ($19k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Cocos (Keeling) Islands has comparative advantage over Philippines. Similarly, the more yellow a dot/product is, the more Philippines has comparative advantage over Cocos (Keeling) Islands.

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

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