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2022
Flag → Flag
Exports $96.4kRnk 4 / 60
2022
Flag → Flag
Top Product $38.1kChocolate
2022
Flag → Flag
Exports $76.3kRnk 215 / 224
2022
Flag → Flag
Top Product $50.5kOther Stainless Steel Bars
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

British Indian Ocean Territory-United Kingdom Trade: In 2022, British Indian Ocean Territory exported $96.4k to United Kingdom. The main products that British Indian Ocean Territory exported to United Kingdom were Chocolate ($38.1k), Electric Generating Sets ($19k), and Wood Kitchenware ($13k). Over the past 5 years the exports of British Indian Ocean Territory to United Kingdom have increased at an annualized rate of 3.67%, from $80.5k in 2017 to $96.4k in 2022.

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

United Kingdom-British Indian Ocean Territory Trade: In 2022, United Kingdom exported $76.3k to British Indian Ocean Territory. The main products that United Kingdom exported to British Indian Ocean Territory were Other Stainless Steel Bars ($50.5k), Motor vehicles; parts and accessories (8701 to 8705) ($11.5k), and Low-voltage Protection Equipment ($10.9k). Over the past 5 years the exports of United Kingdom to British Indian Ocean Territory have increased at an annualized rate of 11.8%,  from $43.7k in 2017 to $76.3k in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Indian Ocean Territory exported $96.4k to United Kingdom. The main products exported from British Indian Ocean Territory to United Kingdom were Chocolate ($38.1k), Electric Generating Sets ($19k), and Wood Kitchenware ($13k). During the last 5 years the exports of British Indian Ocean Territory to United Kingdom have increased at an annualized rate of 3.67%, from $80.5k in 2017 to $96.4k in 2022.

In 2017, United Kingdom exported $76.3k to British Indian Ocean Territory. The main products exported from United Kingdom to British Indian Ocean Territory were Other Stainless Steel Bars ($50.5k), Motor vehicles; parts and accessories (8701 to 8705) ($11.5k), and Low-voltage Protection Equipment ($10.9k). During the last 5 years the exports of United Kingdom to British Indian Ocean Territory have increased at an annualized rate of 11.8%, from $43.7k in 2022 to $76.3k in 2017.

Exports from British Indian Ocean Territory (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to British Indian Ocean Territory (Flag) (2022)

Latest Data

Trade between British Indian Ocean Territory (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
British Indian Ocean Territory
Top DestinationN/AN/A
United Kingdom
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage British Indian Ocean Territory - United Kingdom

Flow
Scale

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

During 2022, British Indian Ocean Territory had a large net trade with United Kingdom in the exports of Foodstuffs ($38.1k), Machines ($23.4k), and Wood Products ($13k).

During 2017, United Kingdom had a large net trade with British Indian Ocean Territory in the exports of Metals ($50.5k), Transportation ($11.5k), and Machines ($10.9k).

Economic Complexity

Competitive Landscape

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

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

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