2023
Flag
 GDP
$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH
9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC
$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH
-4.94%CURRENT US$
Rnk 159 / 195

About

Cook Islands-Australia Trade: In 2023, Cook Islands exported $355k to Australia. The main products that Cook Islands exported to Australia were Crustaceans ($346k), Other Processed Fruits and Nuts ($4.17k), and House Linens ($1.33k). Over the past 5 years the exports of Cook Islands to Australia have decreased at an annualized rate of 1.41%, from $381k in 2018 to $355k in 2023.

In 2023, Cook Islands did not export any services to Australia.

Australia-Cook Islands Trade: In 2023, Australia exported $6.91M to Cook Islands. The main products that Australia exported to Cook Islands were Recreational Boats ($1.19M), Hard Liquor ($778k), and Planes, Helicopters, and/or Spacecraft ($418k). Over the past 5 years the exports of Australia to Cook Islands have decreased at an annualized rate of 3.06%,  from $8.59M in 2018 to $6.91M in 2023.

In 2023, Australia did not export any services to Cook Islands.

Comparison In 2023,  Cook Islands ranked 207 in total exports ($30.1M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cook Islands exported $355k to Australia. The main products exported from Cook Islands to Australia were Crustaceans ($346k), Other Processed Fruits and Nuts ($4.17k), and House Linens ($1.33k). During the last 5 years the exports of Cook Islands to Australia have decreased at an annualized rate of 1.41%, from $381k in 2018 to $355k in 2023.

In 2018, Australia exported $6.91M to Cook Islands. The main products exported from Australia to Cook Islands were Recreational Boats ($1.19M), Hard Liquor ($778k), and Planes, Helicopters, and/or Spacecraft ($418k). During the last 5 years the exports of Australia to Cook Islands have decreased at an annualized rate of 3.06%, from $8.59M in 2023 to $6.91M in 2018.

Exports from Cook Islands (Flag) to Australia (Flag) (2023)

Exports from Australia (Flag) to Cook Islands (Flag) (2023)

Latest Data

Trade between Cook Islands (Flag) and Australia (Flag)

Australia Exports

Market Competitiveness

Color
Cook Islands
Top Destination
Japan$10M
Australia
Top Destination
China$137B

This map shows whether countries import more from Cook Islands or Australia. Each country is colored based on the difference in imports they receive from Cook Islands and Australia or the difference in the growth in imports.

In 2023, no countries were registered that imported more from Cook Islands than from Australia.

In 2023, countries that imported more from Australia than Cook Islands included China ($137B), Japan ($59B), and South Korea ($20.9B).

Difference in imports from Australia (Flag) and Cook Islands (Flag) (2023)

Comparative Advantage Cook Islands - Australia

Flow
Scale

This chart compares trade between Cook Islands and Australia by product, considering products traded by both, Cook Islands and Australia.

During 2023, Cook Islands had a large net trade with Australia in the exports of Animal Products ($346k), Foodstuffs ($4.17k), and Machines ($2.73k).

During 2018, Australia had a large net trade with Cook Islands in the exports of Transportation ($1.75M), Foodstuffs ($1.66M), and Machines ($819k).

Economic Complexity

Competitive Landscape

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

Product Space of Cook Islands (Flag) and Australia (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with