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 In 2010, Australia exported $126k to British Indian Ocean Territory. The main products that Australia exported to British Indian Ocean Territory are N/A. During the last 14 years the exports of Australia to British Indian Ocean Territory have increased at an annualized rate of 47.6%, from $540 in 1996 to $126k in 2010.

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

British Indian Ocean Territory-Australia In 2010, British Indian Ocean Territory exported $14k to Australia. The main products that British Indian Ocean Territory exported to Australia were N/A. During the last 14 years the exports of British Indian Ocean Territory to Australia have increased at an annualized rate of 16.4%, from $1.67k in 1996 to $14k in 2010.

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

Comparison In 2022,  Australia ranked 77 in the Economic Complexity Index (ECI -0.35),  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 14 years the exports of Australia to British Indian Ocean Territory have increased at an annualized rate of 47.6%, from $540 in 1996 to $126k in 2010.

In 2018, British Indian Ocean Territory exported $14k to Australia. There were not main exports from British Indian Ocean Territory to Australia in 2018. During the last 19 years the exports of British Indian Ocean Territory to Australia have increased at an annualized rate of 16.4%, from $1.67k in 1999 to $14k in 2018.

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 2018, British Indian Ocean Territory had a large net trade with Australia 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 Australia has comparative advantage over British Indian Ocean Territory. Similarly, the more yellow a dot/product is, the more British Indian Ocean Territory has comparative advantage over Australia.

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

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