2023
Flag
 GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC
$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 195

About

Cocos (Keeling) Islands-United States Trade: In 2023, Cocos (Keeling) Islands exported $1.83M to United States. The main products that Cocos (Keeling) Islands exported to United States were Motor vehicles; parts and accessories (8701 to 8705) ($825k), Office Machine Parts ($250k), and Ketones and Quinones ($95.7k). Over the past 5 years the exports of Cocos (Keeling) Islands to United States have decreased at an annualized rate of 8.75%, from $2.89M in 2018 to $1.83M in 2023.

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

United States-Cocos (Keeling) Islands Trade: In 2023, United States exported $435k to Cocos (Keeling) Islands. The main products that United States exported to Cocos (Keeling) Islands were Ethylene Polymers ($109k), Insulated Wire ($106k), and Medical Instruments ($65k). Over the past 5 years the exports of United States to Cocos (Keeling) Islands have increased at an annualized rate of 5.09%,  from $340k in 2018 to $435k in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cocos (Keeling) Islands exported $1.83M to United States. The main products exported from Cocos (Keeling) Islands to United States were Motor vehicles; parts and accessories (8701 to 8705) ($825k), Office Machine Parts ($250k), and Ketones and Quinones ($95.7k). During the last 5 years the exports of Cocos (Keeling) Islands to United States have decreased at an annualized rate of 8.75%, from $2.89M in 2018 to $1.83M in 2023.

In 2018, United States exported $435k to Cocos (Keeling) Islands. The main products exported from United States to Cocos (Keeling) Islands were Ethylene Polymers ($109k), Insulated Wire ($106k), and Medical Instruments ($65k). During the last 5 years the exports of United States to Cocos (Keeling) Islands have increased at an annualized rate of 5.09%, from $340k in 2023 to $435k in 2018.

Exports from Cocos (Keeling) Islands (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Cocos (Keeling) Islands (Flag) (2023)

Latest Data

Trade between Cocos (Keeling) Islands (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
United States
Top Destination
Canada$269B

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

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

In 2023, countries that imported more from United States than Cocos (Keeling) Islands included Canada ($269B), Mexico ($243B), and China ($154B).

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

Comparative Advantage Cocos (Keeling) Islands - United States

Flow
Scale

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

During 2023, Cocos (Keeling) Islands had a large net trade with United States in the exports of Transportation ($825k), Machines ($582k), and Chemical Products ($106k).

During 2018, United States had a large net trade with Cocos (Keeling) Islands in the exports of Plastics and Rubbers ($178k), Machines ($112k), and Instruments ($68.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Cocos (Keeling) Islands (Flag) and United States (Flag) (2023)

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