Cocos (Keeling) Islands (CCK) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Cocos (Keeling) Islands-South Korea Trade: In 2022, Cocos (Keeling) Islands exported $23.4k to South Korea. The main products that Cocos (Keeling) Islands exported to South Korea were Medical Instruments ($19.8k), Machinery Having Individual Functions ($1.29k), and Motor vehicles; parts and accessories (8701 to 8705) ($923). Over the past 5 years the exports of Cocos (Keeling) Islands to South Korea have decreased at an annualized rate of 23.3%, from $88k in 2017 to $23.4k in 2022.

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

South Korea-Cocos (Keeling) Islands Trade: In 2022, South Korea exported $501 to Cocos (Keeling) Islands. The main products that South Korea exported to Cocos (Keeling) Islands were Imitation Jewellery ($478) and Jewellery ($23). Over the past 5 years the exports of South Korea to Cocos (Keeling) Islands have decreased at an annualized rate of 25.1%, from $21.3k in 2017 to $501 in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cocos (Keeling) Islands exported $23.4k to South Korea. The main products exported from Cocos (Keeling) Islands to South Korea were Medical Instruments ($19.8k), Machinery Having Individual Functions ($1.29k), and Motor vehicles; parts and accessories (8701 to 8705) ($923). During the last 5 years the exports of Cocos (Keeling) Islands to South Korea have decreased at an annualized rate of 23.3%, from $88k in 2017 to $23.4k in 2022.

In 2017, South Korea exported $501 to Cocos (Keeling) Islands. The main products exported from South Korea to Cocos (Keeling) Islands were Imitation Jewellery ($478) and Jewellery ($23). During the last 5 years the exports of South Korea to Cocos (Keeling) Islands have decreased at an annualized rate of 25.1%, from $21.3k in 2022 to $501 in 2017.

Exports from Cocos (Keeling) Islands () to South Korea () (2022)

Exports from South Korea () to Cocos (Keeling) Islands () (2022)

Latest Data

Trade between Cocos (Keeling) Islands () and South Korea ()

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cocos (Keeling) Islands
Top DestinationUnited States$1.36M

South Korea
Top DestinationChina$150B

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

In 2022, no countries were registered that imported more from Cocos (Keeling) Islands than from South Korea.

In 2022, countries that imported more from South Korea than Cocos (Keeling) Islands included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea () and Cocos (Keeling) Islands () (2022)

Comparative Advantage Cocos (Keeling) Islands - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cocos (Keeling) Islands had a large net trade with South Korea in the exports of Instruments ($19.8k), Machines ($2.01k), and Transportation ($923).

During 2017, South Korea had a large net trade with Cocos (Keeling) Islands in the exports of Precious Metals ($501).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cocos (Keeling) Islands () to South Korea () (2022)

Exports from South Korea () to Cocos (Keeling) Islands () (2022)

Latest Data

Trade between Cocos (Keeling) Islands () and South Korea ()

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Cocos (Keeling) Islands () (2022)

Comparative Advantage Cocos (Keeling) Islands - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cocos (Keeling) Islands () and South Korea () (2022)

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