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

About

British Indian Ocean Territory-Spain Trade: In 2022, 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). Over the past 7 years the exports of British Indian Ocean Territory to Spain have decreased at an annualized rate of 35%, from $140k in 2015 to $6.9k in 2022.

In 2022, British Indian Ocean Territory did not export any services to Spain.

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

In 2022, Spain did not export any services to British Indian Ocean Territory.

Comparison In 2022,  British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

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 7 years the exports of British Indian Ocean Territory to Spain have decreased at an annualized rate of 35%, from $140k in 2015 to $6.9k in 2022.

Spain does not register exports to British Indian Ocean Territory.

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

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

Latest Data

Trade between British Indian Ocean Territory (Flag) and Spain (Flag)

Spain Exports

Market Competitiveness

Color
Spain
Top Destination
France$65.2B

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

In 2022, no countries were registered that imported more from British Indian Ocean Territory than from Spain.

In 2022, countries that imported more from Spain than British Indian Ocean Territory included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage British Indian Ocean Territory - Spain

Flow
Scale

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

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

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

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