2022
Flag  
GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 186
2022
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GDP PC 
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186

About

Spain-British Indian Ocean Territory In 2019, Spain exported $6.43M to British Indian Ocean Territory. The main products that Spain exported to British Indian Ocean Territory are N/A. During the last 18 years the exports of Spain to British Indian Ocean Territory have increased at an annualized rate of 16%, from $443k in 2001 to $6.43M in 2019.

In 2019, Spain did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Spain In 2019, British Indian Ocean Territory exported $6.9k to Spain. The main products that British Indian Ocean Territory exported to Spain were Footwear Parts ($2.41k), Rubber Footwear ($1.53k), and Beauty Products ($724). During the last 18 years the exports of British Indian Ocean Territory to Spain have increased at an annualized rate of 1.83%, from $4.98k in 2001 to $6.9k in 2019.

In 2019, British Indian Ocean Territory did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8),  and 20 in total exports ($394B). 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 2019, Spain exported $6.43M to British Indian Ocean Territory. There were not main exports from Spain to British Indian Ocean Territory in 2019. During the last 18 years the exports of Spain to British Indian Ocean Territory have increased at an annualized rate of 16%, from $443k in 2001 to $6.43M in 2019.

In 2022, British Indian Ocean Territory exported $6.9k to Spain. The main products exported from British Indian Ocean Territory to Spain were Footwear Parts ($2.41k), Rubber Footwear ($1.53k), and Beauty Products ($724). During the last 27 years the exports of British Indian Ocean Territory to Spain have increased at an annualized rate of 1.83%, from $4.98k in 1995 to $6.9k in 2022.

Exports from Spain (Flag) to British Indian Ocean Territory (Flag) (2022)

Exports from British Indian Ocean Territory (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top Destination
France$65.2B

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

In 2021, countries that imported more from Spain than British Indian Ocean Territory were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2019, no countries were registered that imported more from British Indian Ocean Territory than from Spain.

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

Comparative Advantage Spain - British Indian Ocean Territory

Flow
Scale

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

During 2019, Spain had a large net trade with British Indian Ocean Territory in the exports of .

During 2022, British Indian Ocean Territory had a large net trade with Spain in the exports of Footwear and Headwear ($3.95k), Textiles ($1.95k), and Chemical Products ($724).

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 Spain 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 Spain.

Product Space of Spain (Flag) and British Indian Ocean Territory (Flag) (2022)

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