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Pricing

2022
Flag → Flag
Exports $1.92MRnk 207 / 219
2022
Flag → Flag
Top Product $486kInsulated Wire
2022
Flag → Flag
Exports $1.36MRnk 1 / 64
2022
Flag → Flag
Top Product $194kOther Furniture
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

United States-Cocos (Keeling) Islands Trade: In 2022, United States exported $1.92M to Cocos (Keeling) Islands. The main products that United States exported to Cocos (Keeling) Islands were Insulated Wire ($486k), Other Plastic Products ($306k), and Self-adhesive Plastics ($214k). Over the past 5 years the exports of United States to Cocos (Keeling) Islands have increased at an annualized rate of 39.6%, from $363k in 2017 to $1.92M in 2022.

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

Cocos (Keeling) Islands-United States Trade: In 2022, Cocos (Keeling) Islands exported $1.36M to United States. The main products that Cocos (Keeling) Islands exported to United States were Other Furniture ($194k), Liquid Pumps ($169k), and Seats ($89.9k). Over the past 5 years the exports of Cocos (Keeling) Islands to United States have increased at an annualized rate of 5.88%,  from $1.02M in 2017 to $1.36M in 2022.

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

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47),  and 2 in total exports ($1.95T). That same year, Cocos (Keeling) Islands ranked 223 in total exports ($3.05M), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as were at the forefront of exporting goods from Cocos (Keeling) Islands to the United States. Conversely, were notable for importing products to Cocos (Keeling) Islands from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $40.7k and imported $92.5k from Cocos (Keeling) Islands, resulting in a negative trade balance of $51.8k. Between August 2023 and August 2024 the exports of United States have decreased by $-20k (-33%) from $60.7k to $40.7k, while imports decreased by $-59.9k (-39.3%) from $152k to $92.5k.

Trade In August 2024, the top exports of United States to Cocos (Keeling) Islands were Insulated Wire ($106k), Medical Instruments ($65k), Commodities not elsewhere specified ($6.39k), and Orthopedic Appliances ($3.39k). In August 2024 the top imports of United States from Cocos (Keeling) Islands were Motor vehicles; parts and accessories (8701... ($273k), Air Pumps ($51.7k), Electrical Control Boards ($32.6k), Other Plastic Products ($18.5k), and Ornamental Ceramics ($16k).

Origins In August 2024 the exports of United States were mainly from Florida ($39.5k), California ($0), Colorado ($0), and Washington ($0), while imports destinations were mainly Michigan ($41.3k), California ($40.5k), Kentucky ($4.51k), and Washington ($3.5k).

Growth In August 2024, the decrease in United States's year-by-year exports to Cocos (Keeling) Islands was explained primarily by an decrease in product exports in Commodities not elsewhere specified ($-2.77k or -30.2%). In August 2024, the decrease in United States'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 (August 2023 - August 2024)$-20k(-33%)
IMPORT GROWTH (August 2023 - August 2024)$-59.9k(-39.3%)
MAIN EXPORTER (August 2024)Florida$39.5k

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Cocos (Keeling) Islands and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $1.92M to Cocos (Keeling) Islands. The main products exported from United States to Cocos (Keeling) Islands were Insulated Wire ($486k), Other Plastic Products ($306k), and Self-adhesive Plastics ($214k). During the last 5 years the exports of United States to Cocos (Keeling) Islands have increased at an annualized rate of 39.6%, from $363k in 2017 to $1.92M in 2022.

In 2017, Cocos (Keeling) Islands exported $1.36M to United States. The main products exported from Cocos (Keeling) Islands to United States were Other Furniture ($194k), Liquid Pumps ($169k), and Seats ($89.9k). During the last 5 years the exports of Cocos (Keeling) Islands to United States have increased at an annualized rate of 5.88%, from $1.02M in 2022 to $1.36M in 2017.

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

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

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Cocos (Keeling) Islands
Top DestinationUnited States$1.36M

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

In 2022, countries that imported more from United States than Cocos (Keeling) Islands included Canada ($308B), Mexico ($294B), and China ($151B).

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

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

Comparative Advantage United States - Cocos (Keeling) Islands

Flow
Scale

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

During 2022, United States had a large net trade with Cocos (Keeling) Islands in the exports of Machines ($814k), Plastics and Rubbers ($562k), and Metals ($156k).

During 2017, Cocos (Keeling) Islands had a large net trade with United States in the exports of Machines ($464k), Miscellaneous ($352k), and Instruments ($143k).

Economic Complexity

Competitive Landscape

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

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

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