2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-Cocos (Keeling) Islands In 2022, Italy exported $29.1k to Cocos (Keeling) Islands. The main products that Italy exported to Cocos (Keeling) Islands are Lifting Machinery ($29.1k). During the last 26 years the exports of Italy to Cocos (Keeling) Islands have decreased at an annualized rate of 8.45%, from $289k in 1996 to $29.1k in 2022.

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

Cocos (Keeling) Islands-Italy In 2022, Cocos (Keeling) Islands exported $7.09k to Italy. The main products that Cocos (Keeling) Islands exported to Italy were Semiconductor Devices ($7.09k). During the last 26 years the exports of Cocos (Keeling) Islands to Italy have decreased at an annualized rate of 0.41%, from $7.88k in 1996 to $7.09k in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Cocos (Keeling) Islands ranked 223 in total exports ($3.05M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $29.1k to Cocos (Keeling) Islands. The main products exported from Italy to Cocos (Keeling) Islands were Lifting Machinery ($29.1k). During the last 26 years the exports of Italy to Cocos (Keeling) Islands have decreased at an annualized rate of 8.45%, from $289k in 1996 to $29.1k in 2022.

In 2022, Cocos (Keeling) Islands exported $7.09k to Italy. The main products exported from Cocos (Keeling) Islands to Italy were Semiconductor Devices ($7.09k). During the last 26 years the exports of Cocos (Keeling) Islands to Italy have decreased at an annualized rate of 0.41%, from $7.88k in 1996 to $7.09k in 2022.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B

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

In 2021, countries that imported more from Italy than Cocos (Keeling) Islands were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2019, no countries were registered that imported more from Cocos (Keeling) Islands than from Italy.

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

Comparative Advantage Italy - Cocos (Keeling) Islands

Flow
Scale

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

During 2022, Italy had a large net trade with Cocos (Keeling) Islands in the exports of Machines ($29.1k).

During 2022, Cocos (Keeling) Islands had a large net trade with Italy in the exports of Machines ($7.09k).

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

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

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