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Pricing

2022
Flag → Flag
Exports $501Rnk 218 / 220
2022
Flag → Flag
Top Product $478Imitation Jewellery
2022
Flag → Flag
Exports $23.4kRnk 17 / 64
2022
Flag → Flag
Top Product $19.8kMedical Instruments
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186

About

South Korea-Cocos (Keeling) Islands Trade: In 2022, South Korea exported $501 to Cocos (Keeling) Islands. The main products that South Korea exported to Cocos (Keeling) Islands were Imitation Jewellery ($478) and Jewellery ($23). Over the past 7 years the exports of South Korea to Cocos (Keeling) Islands have decreased at an annualized rate of 44.7%, from $31.7k in 2015 to $501 in 2022.

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

Cocos (Keeling) Islands-South Korea Trade: In 2022, Cocos (Keeling) Islands exported $23.4k to South Korea. The main products that Cocos (Keeling) Islands exported to South Korea were Medical Instruments ($19.8k), Machinery Having Individual Functions ($1.29k), and Motor vehicles; parts and accessories (8701 to 8705) ($923). Over the past 7 years the exports of Cocos (Keeling) Islands to South Korea have decreased at an annualized rate of 23.3%,  from $88k in 2015 to $23.4k in 2022.

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

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78),  and 5 in total exports ($705B). That same year, Cocos (Keeling) Islands ranked 223 in total exports ($3.05M), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, South Korea exported $3k and imported $0 from Cocos (Keeling) Islands, resulting in a positive trade balance of $3k. Between June 2023 and June 2024 the exports of South Korea have increased by $3k (N/A%) from $0 to $3k, while imports decreased by $-1k (-100%) from $1k to $0.

Trade In June 2024, the top exports of South Korea to Cocos (Keeling) Islands were Optical, photo, & film equipment; medical... ($5k), Knitted clothing accesories ($0), and Cars, tractors, trucks & parts thereof. ($0). In June 2024 the top imports of South Korea from Cocos (Keeling) Islands were Cars, tractors, trucks & parts thereof. ($1k), Knitted clothing accesories ($0), and Optical, photo, & film equipment; medical... ($0).

Growth In June 2024, the increase in South Korea's year-by-year exports to Cocos (Keeling) Islands was explained primarily by an increase in product exports in . In June 2024, the decrease in South Korea's year-by-year imports  from Cocos (Keeling) Islands was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)$3k(N/A%)
IMPORT GROWTH (June 2023 - June 2024)$-1k(-100%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Cocos (Keeling) Islands and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cocos (Keeling) Islands and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $501 to Cocos (Keeling) Islands. The main products exported from South Korea to Cocos (Keeling) Islands were Imitation Jewellery ($478) and Jewellery ($23). During the last 7 years the exports of South Korea to Cocos (Keeling) Islands have decreased at an annualized rate of 44.7%, from $31.7k in 2015 to $501 in 2022.

In 2017, Cocos (Keeling) Islands exported $23.4k to South Korea. The main products exported from Cocos (Keeling) Islands to South Korea were Medical Instruments ($19.8k), Machinery Having Individual Functions ($1.29k), and Motor vehicles; parts and accessories (8701 to 8705) ($923). During the last 5 years the exports of Cocos (Keeling) Islands to South Korea have decreased at an annualized rate of 23.3%, from $88k in 2022 to $23.4k in 2017.

Exports from South Korea (Flag) to Cocos (Keeling) Islands (Flag) (2022)

Exports from Cocos (Keeling) Islands (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Cocos (Keeling) Islands
Top DestinationUnited States$1.36M

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

In 2022, countries that imported more from South Korea than Cocos (Keeling) Islands included China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2022, no countries were registered that imported more from Cocos (Keeling) Islands than from South Korea.

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

Comparative Advantage South Korea - Cocos (Keeling) Islands

Flow
Scale

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

During 2022, South Korea had a large net trade with Cocos (Keeling) Islands in the exports of Precious Metals ($501).

During 2017, Cocos (Keeling) Islands had a large net trade with South Korea in the exports of Instruments ($19.8k), Machines ($2.01k), and Transportation ($923).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of South Korea and Cocos (Keeling) Islands. This means that a dot/product with the flag of South Korea 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 South Korea.

Product Space of South Korea (Flag) and Cocos (Keeling) Islands (Flag) (2022)

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