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Pricing

2022
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Exports $54.2kRnk 9 / 64
2022
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Top Product $54.1kSynthetic Coloring Matter
2022
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Exports $40.4kRnk 27 / 0
2022
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Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
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 GDP$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
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GDP GROWTH48.8%CURRENT US$
Rnk 66 / 186
2022
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GDP PC$2,255CURRENT US$
Rnk 142 / 186
2012-2022
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GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186

About

Cocos (Keeling) Islands-Nicaragua In 2022, Cocos (Keeling) Islands exported $54.2k to Nicaragua. The main products that Cocos (Keeling) Islands exported to Nicaragua are Synthetic Coloring Matter ($54.1k), Motor vehicles; parts and accessories (8701 to 8705) ($86), and Microphones and Headphones ($3). During the last 21 years the exports of Cocos (Keeling) Islands to Nicaragua have increased at an annualized rate of 27.2%, from $344 in 2001 to $54.2k in 2022.

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

Nicaragua-Cocos (Keeling) Islands In 2022, Nicaragua exported $40.4k to Cocos (Keeling) Islands. The main products that Nicaragua exported to Cocos (Keeling) Islands were N/A. During the last 21 years the exports of Nicaragua to Cocos (Keeling) Islands have increased at an annualized rate of 2.04%, from $26.5k in 2001 to $40.4k in 2022.

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

Comparison In 2022,  Cocos (Keeling) Islands ranked 223 in total exports ($3.05M), and does not have data regarding Economic Complexity Index. That same year, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cocos (Keeling) Islands exported $54.2k to Nicaragua. The main products exported from Cocos (Keeling) Islands to Nicaragua were Synthetic Coloring Matter ($54.1k), Motor vehicles; parts and accessories (8701 to 8705) ($86), and Microphones and Headphones ($3). During the last 21 years the exports of Cocos (Keeling) Islands to Nicaragua have increased at an annualized rate of 27.2%, from $344 in 2001 to $54.2k in 2022.

In 2008, Nicaragua exported $40.4k to Cocos (Keeling) Islands. There were not main exports from Nicaragua to Cocos (Keeling) Islands in 2008. During the last 9 years the exports of Nicaragua to Cocos (Keeling) Islands have increased at an annualized rate of 2.04%, from $26.5k in 1999 to $40.4k in 2008.

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

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

Market Competitiveness

Color
Cocos (Keeling) Islands
Top DestinationUnited States$1.36M
Nicaragua
Top DestinationUnited States$4.09B

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

In 2021, countries that imported more from Cocos (Keeling) Islands than Nicaragua were Ethiopia ($22.8k), Benin ($12.5k), and Niger ($735).

In 2021, countries that imported more from Nicaragua than Cocos (Keeling) Islands were United States ($4.09B), Mexico ($943M), and Honduras ($541M).

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

Comparative Advantage Cocos (Keeling) Islands - Nicaragua

Flow
Scale

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

During 2022, Cocos (Keeling) Islands had a large net trade with Nicaragua in the exports of Chemical Products ($54.1k), Transportation ($86), and Machines ($3).

During 2008, Nicaragua had a large net trade with Cocos (Keeling) Islands in the exports of .

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 Cocos (Keeling) Islands has comparative advantage over Nicaragua. Similarly, the more yellow a dot/product is, the more Nicaragua has comparative advantage over Cocos (Keeling) Islands.

Product Space of Cocos (Keeling) Islands (Flag) and Nicaragua (Flag) (2022)

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