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2023
Flag → Flag
Exports $1.68MRnk 2 / 64
2023
Flag → Flag
Top Product $1.36MPassenger and Cargo Ships
2023
Flag → Flag
Exports $175kRnk 200 / 217
2023
Flag → Flag
Top Product $174kHousehold Washing Machines
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag
 GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195

About

Cocos (Keeling) Islands-Singapore Trade: In 2023, Cocos (Keeling) Islands exported $1.68M to Singapore. The main products that Cocos (Keeling) Islands exported to Singapore were Passenger and Cargo Ships ($1.36M), Pasta ($135k), and Interchangeable Tool Parts ($81.5k). Over the past 5 years the exports of Cocos (Keeling) Islands to Singapore have increased at an annualized rate of 65.4%, from $136k in 2018 to $1.68M in 2023.

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

Singapore-Cocos (Keeling) Islands Trade: In 2023, Singapore exported $175k to Cocos (Keeling) Islands. The main products that Singapore exported to Cocos (Keeling) Islands were Household Washing Machines ($174k) and Phosphinates (hypophosphites) and phosphonates (phosphites) ($687). Over the past 5 years the exports of Singapore to Cocos (Keeling) Islands have increased at an annualized rate of 30.7%,  from $45.9k in 2018 to $175k in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cocos (Keeling) Islands exported $1.68M to Singapore. The main products exported from Cocos (Keeling) Islands to Singapore were Passenger and Cargo Ships ($1.36M), Pasta ($135k), and Interchangeable Tool Parts ($81.5k). During the last 5 years the exports of Cocos (Keeling) Islands to Singapore have increased at an annualized rate of 65.4%, from $136k in 2018 to $1.68M in 2023.

In 2018, Singapore exported $175k to Cocos (Keeling) Islands. The main products exported from Singapore to Cocos (Keeling) Islands were Household Washing Machines ($174k) and Phosphinates (hypophosphites) and phosphonates (phosphites) ($687). During the last 5 years the exports of Singapore to Cocos (Keeling) Islands have increased at an annualized rate of 30.7%, from $45.9k in 2023 to $175k in 2018.

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

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

Latest Data

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

Singapore Exports

Market Competitiveness

Color
Cocos (Keeling) Islands
Top DestinationUnited States$1.83M
Singapore
Top DestinationHong Kong$44.5B

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

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

In 2023, countries that imported more from Singapore than Cocos (Keeling) Islands included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Cocos (Keeling) Islands - Singapore

Flow
Scale

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

During 2023, Cocos (Keeling) Islands had a large net trade with Singapore in the exports of Transportation ($1.36M), Foodstuffs ($135k), and Metals ($89.7k).

During 2018, Singapore had a large net trade with Cocos (Keeling) Islands in the exports of Machines ($174k) and Chemical Products ($687).

Economic Complexity

Competitive Landscape

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

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

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