2023
Flag  
GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC 
$55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195

About

Sweden-Cocos (Keeling) Islands Trade: In 2023, Sweden exported $200k to Cocos (Keeling) Islands. The main products that Sweden exported to Cocos (Keeling) Islands were Other Edible Preparations ($200k). Over the past 8 years the exports of Sweden to Cocos (Keeling) Islands have increased at an annualized rate of 32.7%, from $20.8k in 2015 to $200k in 2023.

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

Cocos (Keeling) Islands-Sweden Trade: In 2023, Cocos (Keeling) Islands exported $6.22k to Sweden. The main products that Cocos (Keeling) Islands exported to Sweden were Metal Mountings ($6.13k) and Other Electrical Machinery ($94). Over the past 8 years the exports of Cocos (Keeling) Islands to Sweden have increased at an annualized rate of 61%,  from $575 in 2015 to $6.22k in 2023.

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

Comparison In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53),  and 32 in total exports ($188B). That same year, Cocos (Keeling) Islands ranked 219 in total exports ($5.87M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sweden exported $200k to Cocos (Keeling) Islands. The main products exported from Sweden to Cocos (Keeling) Islands were Other Edible Preparations ($200k). During the last 8 years the exports of Sweden to Cocos (Keeling) Islands have increased at an annualized rate of 32.7%, from $20.8k in 2015 to $200k in 2023.

In 2018, Cocos (Keeling) Islands exported $6.22k to Sweden. The main products exported from Cocos (Keeling) Islands to Sweden were Metal Mountings ($6.13k) and Other Electrical Machinery ($94). During the last 5 years the exports of Cocos (Keeling) Islands to Sweden have increased at an annualized rate of 61%, from $575 in 2023 to $6.22k in 2018.

Exports from Sweden (Flag) to Cocos (Keeling) Islands (Flag) (2023)

Exports from Cocos (Keeling) Islands (Flag) to Sweden (Flag) (2023)

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B

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

In 2023, countries that imported more from Sweden than Cocos (Keeling) Islands included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

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

Comparative Advantage Sweden - Cocos (Keeling) Islands

Flow
Scale

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

During 2023, Sweden had a large net trade with Cocos (Keeling) Islands in the exports of Foodstuffs ($200k).

During 2018, Cocos (Keeling) Islands had a large net trade with Sweden in the exports of Metals ($6.13k) and Machines ($94).

Economic Complexity

Competitive Landscape

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

Product Space of Sweden (Flag) and Cocos (Keeling) Islands (Flag) (2023)

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