2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

Australia-British Indian Ocean Territory Trade: In 2010, Australia exported $126k to British Indian Ocean Territory. The main products that Australia exported to British Indian Ocean Territory were N/A. Over the past 8 years the exports of Australia to British Indian Ocean Territory have increased at an annualized rate of 26.5%, from $19.2k in 2002 to $126k in 2010.

In 2010, Australia did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Australia Trade: In 2010, British Indian Ocean Territory exported $14k to Australia. The main products that British Indian Ocean Territory exported to Australia were N/A. Over the past 8 years the exports of British Indian Ocean Territory to Australia have increased at an annualized rate of 10.6%,  from $8.47k in 2002 to $14k in 2010.

In 2010, British Indian Ocean Territory did not export any services to Australia.

Comparison In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24),  and 16 in total exports ($424B). That same year, British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2010, Australia exported $126k to British Indian Ocean Territory. There were not main exports from Australia to British Indian Ocean Territory in 2010. During the last 8 years the exports of Australia to British Indian Ocean Territory have increased at an annualized rate of 26.5%, from $19.2k in 2002 to $126k in 2010.

In 2013, British Indian Ocean Territory exported $14k to Australia. There were not main exports from British Indian Ocean Territory to Australia in 2013. During the last 5 years the exports of British Indian Ocean Territory to Australia have increased at an annualized rate of 10.6%, from $8.47k in 2018 to $14k in 2013.

Exports from Australia (Flag) to British Indian Ocean Territory (Flag) (2018)

Exports from British Indian Ocean Territory (Flag) to Australia (Flag) (2018)

Market Competitiveness

Color
Australia
Top Destination
N/AN/A
British Indian Ocean Territory
Top Destination
N/AN/A

This map shows whether countries import more from Australia or British Indian Ocean Territory. Each country is colored based on the difference in imports they receive from Australia and British Indian Ocean Territory or the difference in the growth in imports.

N/A

N/A

Difference in imports from British Indian Ocean Territory (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - British Indian Ocean Territory

Flow
Scale

This chart compares trade between Australia and British Indian Ocean Territory by product, considering products traded by both, Australia and British Indian Ocean Territory.

During 2010, Australia had a large net trade with British Indian Ocean Territory in the exports of .

During 2013, British Indian Ocean Territory had a large net trade with Australia in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Australia and British Indian Ocean Territory. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over British Indian Ocean Territory. Similarly, a dot/product with the flag of British Indian Ocean Territory indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and British Indian Ocean Territory (Flag) (2018)

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