2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Canada-Cocos (Keeling) Islands Trade: In 2022, Canada exported $62.6k to Cocos (Keeling) Islands. The main products that Canada exported to Cocos (Keeling) Islands were Other Agricultural Machinery ($62.6k). Over the past 5 years the exports of Canada to Cocos (Keeling) Islands have increased at an annualized rate of 36%, from $13.4k in 2017 to $62.6k in 2022.

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

Cocos (Keeling) Islands-Canada Trade: In 2022, Cocos (Keeling) Islands exported $170k to Canada. The main products that Cocos (Keeling) Islands exported to Canada were Felt or Coated Fabric Garments ($44.6k), Liquid Pumps ($29.6k), and Centrifuges ($19k). Over the past 5 years the exports of Cocos (Keeling) Islands to Canada have increased at an annualized rate of 25.1%,  from $55.5k in 2017 to $170k in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). 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, Canada exported $62.6k to Cocos (Keeling) Islands. The main products exported from Canada to Cocos (Keeling) Islands were Other Agricultural Machinery ($62.6k). During the last 5 years the exports of Canada to Cocos (Keeling) Islands have increased at an annualized rate of 36%, from $13.4k in 2017 to $62.6k in 2022.

In 2017, Cocos (Keeling) Islands exported $170k to Canada. The main products exported from Cocos (Keeling) Islands to Canada were Felt or Coated Fabric Garments ($44.6k), Liquid Pumps ($29.6k), and Centrifuges ($19k). During the last 5 years the exports of Cocos (Keeling) Islands to Canada have increased at an annualized rate of 25.1%, from $55.5k in 2022 to $170k in 2017.

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

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

Market Competitiveness

Color
Canada
Top Destination
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Cocos (Keeling) Islands
Top Destination
N/AN/A

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

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

Comparative Advantage Canada - Cocos (Keeling) Islands

Flow
Scale

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

During 2022, Canada had a large net trade with Cocos (Keeling) Islands in the exports of Machines ($62.6k).

During 2017, Cocos (Keeling) Islands had a large net trade with Canada in the exports of Machines ($77.2k), Textiles ($62.6k), and Footwear and Headwear ($10.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Cocos (Keeling) Islands+N/AN/A
Top Product Potential Cocos (Keeling) Islands Canada+N/AN/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Canada and Cocos (Keeling) Islands. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Cocos (Keeling) Islands. Similarly, a dot/product with the flag of Cocos (Keeling) Islands indicates it has a comparative advantage over Canada.

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

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