2022
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GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
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GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
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GDP PC 
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
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GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186

About

Luxembourg-Cocos (Keeling) Islands In 2007, Luxembourg exported $19.4k to Cocos (Keeling) Islands. The main products that Luxembourg exported to Cocos (Keeling) Islands are N/A. During the last 0 years the exports of Luxembourg to Cocos (Keeling) Islands have remained the same at an annualized rate of N/A%, from $19.4k in 2007 to $19.4k in 2007.

In 2007, Luxembourg did not export any services to Cocos (Keeling) Islands.

Cocos (Keeling) Islands-Luxembourg In 2007, Cocos (Keeling) Islands exported $1.47k to Luxembourg. The main products that Cocos (Keeling) Islands exported to Luxembourg were Hard Liquor ($621), Knit Sweaters ($423), and Non-Knit Men's Suits ($302). During the last 0 years the exports of Cocos (Keeling) Islands to Luxembourg have increased at an annualized rate of N/A%, from $64 in 2007 to $1.47k in 2007.

In 2007, Cocos (Keeling) Islands did not export any services to Luxembourg.

Comparison In 2022,  Luxembourg ranked 78 in total exports ($20.5B). That same year, Cocos (Keeling) Islands ranked 223 in total exports ($3.05M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2007, Luxembourg exported $19.4k to Cocos (Keeling) Islands. There were not main exports from Luxembourg to Cocos (Keeling) Islands in 2007.

In 2022, Cocos (Keeling) Islands exported $1.47k to Luxembourg. The main products exported from Cocos (Keeling) Islands to Luxembourg were Hard Liquor ($621), Knit Sweaters ($423), and Non-Knit Men's Suits ($302). During the last 19 years the exports of Cocos (Keeling) Islands to Luxembourg have increased at an annualized rate of N/A%, from $64 in 2003 to $1.47k in 2022.

Exports from Luxembourg (Flag) to Cocos (Keeling) Islands (Flag) (2022)

Exports from Cocos (Keeling) Islands (Flag) to Luxembourg (Flag) (2022)

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$4.15B

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

In 2021, countries that imported more from Luxembourg than Cocos (Keeling) Islands were Germany ($4.15B), France ($3.07B), and Belgium ($2.09B).

In 2021, countries that imported more from Cocos (Keeling) Islands than Luxembourg were Antigua and Barbuda ($96).

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

Comparative Advantage Luxembourg - Cocos (Keeling) Islands

Flow
Scale

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

During 2007, Luxembourg had a large net trade with Cocos (Keeling) Islands in the exports of .

During 2022, Cocos (Keeling) Islands had a large net trade with Luxembourg in the exports of Textiles ($725), Foodstuffs ($621), and Machines ($119).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Luxembourg has comparative advantage over Cocos (Keeling) Islands. Similarly, the more yellow a dot/product is, the more Cocos (Keeling) Islands has comparative advantage over Luxembourg.

Product Space of Luxembourg (Flag) and Cocos (Keeling) Islands (Flag) (2022)

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