British Indian Ocean Territory (IOT) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

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British Indian Ocean Territory-Ecuador Trade: In 2023, British Indian Ocean Territory exported $27.2k to Ecuador. The main products that British Indian Ocean Territory exported to Ecuador were Hypochlorites ($27.2k). Over the past 6 years the exports of British Indian Ocean Territory to Ecuador have increased at an annualized rate of 33.1%, from $4.88k in 2017 to $27.2k in 2023.

In 2023, British Indian Ocean Territory did not export any services to Ecuador.

Ecuador-British Indian Ocean Territory In N/A, Ecuador did not export any products to British Indian Ocean Territory.

In 2023, Ecuador 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, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, British Indian Ocean Territory exported $27.2k to Ecuador. The main products exported from British Indian Ocean Territory to Ecuador were Hypochlorites ($27.2k). During the last 6 years the exports of British Indian Ocean Territory to Ecuador have increased at an annualized rate of 33.1%, from $4.88k in 2017 to $27.2k in 2023.

Ecuador does not register exports to British Indian Ocean Territory.

Exports from British Indian Ocean Territory () to Ecuador () (2023)

Exports from Ecuador () to British Indian Ocean Territory () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Indian Ocean Territory
Top DestinationSingapore$20.2M

Ecuador
Top DestinationUnited States$8.34B

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

In 2023, countries that imported more from British Indian Ocean Territory than Ecuador included Pakistan ($1.88M).

In 2023, countries that imported more from Ecuador than British Indian Ocean Territory included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

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

Comparative Advantage British Indian Ocean Territory - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, British Indian Ocean Territory had a large net trade with Ecuador in the exports of Chemical Products ($27.2k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from British Indian Ocean Territory () to Ecuador () (2023)

Exports from Ecuador () to British Indian Ocean Territory () (2023)

Market Competitiveness

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

Comparative Advantage British Indian Ocean Territory - Ecuador

Economic Complexity

Competitive Landscape

Product Space of British Indian Ocean Territory () and Ecuador () (2023)

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