2022
Flag
 GDP
$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
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GDP GROWTH
43.9%CURRENT US$
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2022
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GDP PC
$3,020CURRENT US$
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2012-2022
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GDP PC GROWTH
13.8%CURRENT US$
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About

Cocos (Keeling) Islands-Papua New Guinea In 2021, Cocos (Keeling) Islands exported $126 to Papua New Guinea. The main products that Cocos (Keeling) Islands exported to Papua New Guinea are N/A. During the last 10 years the exports of Cocos (Keeling) Islands to Papua New Guinea have decreased at an annualized rate of 37.4%, from $13.6k in 2011 to $126 in 2021.

In 2021, Cocos (Keeling) Islands did not export any services to Papua New Guinea.

Papua New Guinea-Cocos (Keeling) Islands In false, Papua New Guinea did not export any products to Cocos (Keeling) Islands.

In 2021, Papua New Guinea 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, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Cocos (Keeling) Islands exported $126 to Papua New Guinea. There were not main exports from Cocos (Keeling) Islands to Papua New Guinea in 2021. During the last 10 years the exports of Cocos (Keeling) Islands to Papua New Guinea have decreased at an annualized rate of 37.4%, from $13.6k in 2011 to $126 in 2021.

Papua New Guinea does not register exports to Cocos (Keeling) Islands.

Exports from Cocos (Keeling) Islands (Flag) to Papua New Guinea (Flag) (2021)

Exports from Papua New Guinea (Flag) to Cocos (Keeling) Islands (Flag) (2021)

Market Competitiveness

Color
Papua New Guinea
Top Destination
Japan$4.03B

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

In 2021, countries that imported more from Cocos (Keeling) Islands than Papua New Guinea were Peru ($55.8k), Nicaragua ($54.2k), and Kuwait ($62.9k).

In 2021, countries that imported more from Papua New Guinea than Cocos (Keeling) Islands were Japan ($4.03B), China ($3.44B), and Australia ($1.74B).

Difference in imports from Papua New Guinea (Flag) and Cocos (Keeling) Islands (Flag) (2022)

Comparative Advantage Cocos (Keeling) Islands - Papua New Guinea

Flow
Scale

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

During 2021, Cocos (Keeling) Islands had a large net trade with Papua New Guinea 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 Papua New Guinea. Similarly, the more yellow a dot/product is, the more Papua New Guinea has comparative advantage over Cocos (Keeling) Islands.

Product Space of Cocos (Keeling) Islands (Flag) and Papua New Guinea (Flag) (2021)

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