2023
Flag
 GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC
$8,053CURRENT US$
Rnk 96 / 196
2013-2023
Flag
GDP PC GROWTH
119%CURRENT US$
Rnk 4 / 195

About

In N/A, British Indian Ocean Territory did not export any services to Armenia.

Armenia-British Indian Ocean Territory In false, Armenia did not export any products to British Indian Ocean Territory.

In N/A, Armenia did not export any services to British Indian Ocean Territory.

Comparison In 2023,  British Indian Ocean Territory ranked 209 in total exports ($23.5M), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).

Historical Data

Bilateral Trade by Products

Depth
Value
Year

British Indian Ocean Territory does not register exports to Armenia. The main products exported from British Indian Ocean Territory to Armenia were Electrical Ignitions ($25).

Armenia does not register exports to British Indian Ocean Territory.

Exports from British Indian Ocean Territory (Flag) to Armenia (Flag) (2023)

Exports from Armenia (Flag) to British Indian Ocean Territory (Flag) (2023)

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B

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

In 2023, countries that imported more from British Indian Ocean Territory than Armenia included Singapore ($20.2M), Pakistan ($1.88M), and South Africa ($137k).

In 2023, countries that imported more from Armenia than British Indian Ocean Territory included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

Difference in imports from Armenia (Flag) and British Indian Ocean Territory (Flag) (2023)

Comparative Advantage British Indian Ocean Territory - Armenia

Flow
Scale
Year

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

Economic Complexity

Competitive Landscape

Year

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

Product Space of British Indian Ocean Territory (Flag) and Armenia (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with