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2022
Product
Exports | Imports $26.2M | $168M210 of 226 |  208 of 226

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Overview In 2022 Cook Islands was the number 210 economy in the world in terms of total exports and the number 208 in total imports.

Exports The top exports of Cook Islands are Non-fillet Frozen Fish ($9.62M), Recreational Boats ($8.02M), Fish Fillets ($5.37M), Surveying Equipment ($495k), and Sports Equipment ($388k), exporting mostly to Japan ($11M), France ($7.15M), Thailand ($3.2M), United States ($1.01M), and Italy ($885k).

Imports The top imports of Cook Islands are Refined Petroleum ($33.3M), Recreational Boats ($30.9M), Cars ($4.53M), Other Edible Preparations ($2.81M), and Sawn Wood ($2.61M), importing mostly from New Zealand ($85.2M), Italy ($29.7M), Fiji ($18.1M), China ($11.3M), and Australia ($5.56M).

Latest Trends

Latest Trade

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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Cook Islands.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2022)Non-fillet Frozen Fish$9.62M
Top Destination (2022)Japan$11M

In 2022, Cook Islands exported a total of $26.2M, making it the number 210 exporter in the world. During the last five reported years the exports of Cook Islands have changed by -$19.9M from $46.1M in 2017 to $26.2M in 2022.

The most recent exports are led by Non-fillet Frozen Fish ($9.62M), Recreational Boats ($8.02M), Fish Fillets ($5.37M), Surveying Equipment ($495k), and Sports Equipment ($388k). The most common destination for the exports of Cook Islands are Japan ($11M), France ($7.15M), Thailand ($3.2M), United States ($1.01M), and Italy ($885k).

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Exports (2022)
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Destinations (2022)
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Market Growth

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Growth
Fastest Growing Export Markets (2021 - 2022)
France$1.48M (+ 26.2%)
Italy$833k (+ 1.6k%)
United Kingdom$690k (+ 4.8k%)
Fastest Growing Import Markets (2021 - 2022)
New Zealand$9.81M (+ 13%)
Fiji$9.76M (+ 118%)
China$7.49M (+ 197%)

Total Export Growth by Market (2021 - 2022)

Potential Exports

Potential Exports

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Economic Complexity

Most Specialized Products by RCA Index

Cook Islands has a high level of specialization in Recreational Boats (434), Non-fillet Frozen Fish (309), Fish Fillets (155), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials (101), and Collector's Items (54.3). Specialization is measured using RCA, an index that takes the ratio between Cook Islands observed and expected exports in each product.

Export Opportunities by Relatedness

The top export opportunities for Cook Islands according to the relatedness index, were Non-fillet Fresh Fish (0.048), Cocoa Beans (0.047), Palm Oil (0.046), Processed Crustaceans (0.045), and Molluscs (0.044). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Cook Islands is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Cook Islands. These are products that tend to be co-exported with the products that Cook Islands exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2022)

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Diversification Frontier

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