2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Sweden-Cocos (Keeling) Islands Trade: In 2022, Sweden exported $198 to Cocos (Keeling) Islands. The main products that Sweden exported to Cocos (Keeling) Islands were Scarves ($198). Over the past 8 years the exports of Sweden to Cocos (Keeling) Islands have decreased at an annualized rate of 42.6%, from $16.8k in 2014 to $198 in 2022.

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

Cocos (Keeling) Islands-Sweden Trade: In 2022, Cocos (Keeling) Islands exported $43.2k to Sweden. The main products that Cocos (Keeling) Islands exported to Sweden were Fake Hair ($41k), Brooms ($1.09k), and Other Knit Garments ($395). Over the past 8 years the exports of Cocos (Keeling) Islands to Sweden have increased at an annualized rate of 184%,  from $234 in 2014 to $43.2k in 2022.

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

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49),  and 33 in total exports ($194B). 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, Sweden exported $198 to Cocos (Keeling) Islands. The main products exported from Sweden to Cocos (Keeling) Islands were Scarves ($198). During the last 8 years the exports of Sweden to Cocos (Keeling) Islands have decreased at an annualized rate of 42.6%, from $16.8k in 2014 to $198 in 2022.

In 2017, Cocos (Keeling) Islands exported $43.2k to Sweden. The main products exported from Cocos (Keeling) Islands to Sweden were Fake Hair ($41k), Brooms ($1.09k), and Other Knit Garments ($395). During the last 5 years the exports of Cocos (Keeling) Islands to Sweden have increased at an annualized rate of 184%, from $234 in 2022 to $43.2k in 2017.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B

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 2022, countries that imported more from Sweden than Cocos (Keeling) Islands included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

In 2022, 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) (2022)

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 2022, Sweden had a large net trade with Cocos (Keeling) Islands in the exports of Textiles ($198).

During 2017, Cocos (Keeling) Islands had a large net trade with Sweden in the exports of Footwear and Headwear ($41k), Miscellaneous ($1.09k), and Metals ($491).

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) (2022)

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