2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

United Kingdom-Cocos (Keeling) Islands Trade: In 2022, United Kingdom exported $171k to Cocos (Keeling) Islands. The main products that United Kingdom exported to Cocos (Keeling) Islands were Machinery Having Individual Functions ($48.2k), Jams ($44.3k), and Chemical Analysis Instruments ($20.7k). Over the past 5 years the exports of United Kingdom to Cocos (Keeling) Islands have decreased at an annualized rate of 8.83%, from $272k in 2017 to $171k in 2022.

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

Cocos (Keeling) Islands-United Kingdom Trade: In 2022, Cocos (Keeling) Islands exported $370k to United Kingdom. The main products that Cocos (Keeling) Islands exported to United Kingdom were Pharmaceutical Rubber Products ($118k), Other Furniture ($40k), and Sawn Wood ($39.5k). Over the past 5 years the exports of Cocos (Keeling) Islands to United Kingdom have increased at an annualized rate of 13.7%,  from $195k in 2017 to $370k in 2022.

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

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). That same year, Cocos (Keeling) Islands ranked 223 in total exports ($3.05M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $171k to Cocos (Keeling) Islands. The main products exported from United Kingdom to Cocos (Keeling) Islands were Machinery Having Individual Functions ($48.2k), Jams ($44.3k), and Chemical Analysis Instruments ($20.7k). During the last 5 years the exports of United Kingdom to Cocos (Keeling) Islands have decreased at an annualized rate of 8.83%, from $272k in 2017 to $171k in 2022.

In 2017, Cocos (Keeling) Islands exported $370k to United Kingdom. The main products exported from Cocos (Keeling) Islands to United Kingdom were Pharmaceutical Rubber Products ($118k), Other Furniture ($40k), and Sawn Wood ($39.5k). During the last 5 years the exports of Cocos (Keeling) Islands to United Kingdom have increased at an annualized rate of 13.7%, from $195k in 2022 to $370k in 2017.

Exports from United Kingdom (Flag) to Cocos (Keeling) Islands (Flag) (2022)

Exports from Cocos (Keeling) Islands (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
N/AN/A
Cocos (Keeling) Islands
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage United Kingdom - Cocos (Keeling) Islands

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Cocos (Keeling) Islands in the exports of Machines ($73.6k), Foodstuffs ($44.3k), and Instruments ($22.4k).

During 2017, Cocos (Keeling) Islands had a large net trade with United Kingdom in the exports of Plastics and Rubbers ($122k), Metals ($70.7k), and Machines ($65k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Cocos (Keeling) Islands (Flag) (2022)

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