2022
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GDP
$25.5TCURRENT US$
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2012-2022
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GDP GROWTH
56.7%CURRENT US$
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2022
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GDP PC 
$76,399CURRENT US$
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2012-2022
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GDP PC GROWTH
47.5%CURRENT US$
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About

United States-Cocos (Keeling) Islands In 2022, United States exported $1.92M to Cocos (Keeling) Islands. The main products that United States exported to Cocos (Keeling) Islands are Insulated Wire ($486k), Other Plastic Products ($306k), and Self-adhesive Plastics ($214k). During the last 27 years the exports of United States to Cocos (Keeling) Islands have increased at an annualized rate of 8.95%, from $190k in 1995 to $1.92M in 2022.

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

Cocos (Keeling) Islands-United States 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). During the last 27 years the exports of Cocos (Keeling) Islands to United States have increased at an annualized rate of 13.4%, from $45.1k in 1995 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 1.41),  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.

COMPANIES 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 Cocos (Keeling) Islands products to the United States.

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 27 years the exports of United States to Cocos (Keeling) Islands have increased at an annualized rate of 8.95%, from $190k in 1995 to $1.92M in 2022.

In 2022, 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 27 years the exports of Cocos (Keeling) Islands to United States have increased at an annualized rate of 13.4%, from $45.1k in 1995 to $1.36M in 2022.

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 Destination
Canada$308B

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 2021, countries that imported more from United States than Cocos (Keeling) Islands were Canada ($308B), Mexico ($294B), and China ($151B).

In 2019, 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 2022, 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 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 United States has comparative advantage over Cocos (Keeling) Islands. Similarly, the more yellow a dot/product is, the more Cocos (Keeling) Islands has comparative advantage over United States.

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

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