2022
Flag
 GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186

About

British Indian Ocean Territory-Luxembourg Trade: In 2022, British Indian Ocean Territory exported $20.8k to Luxembourg. The main products that British Indian Ocean Territory exported to Luxembourg were Processed Fish ($19.9k), Footwear Parts ($363), and Knit Gloves ($303). Over the past 7 years the exports of British Indian Ocean Territory to Luxembourg have increased at an annualized rate of 21.6%, from $5.29k in 2015 to $20.8k in 2022.

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

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

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

Comparison In 2022,  British Indian Ocean Territory ranked 221 in total exports ($5.8M). That same year, Luxembourg ranked 78 in total exports ($20.5B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Indian Ocean Territory exported $20.8k to Luxembourg. The main products exported from British Indian Ocean Territory to Luxembourg were Processed Fish ($19.9k), Footwear Parts ($363), and Knit Gloves ($303). During the last 7 years the exports of British Indian Ocean Territory to Luxembourg have increased at an annualized rate of 21.6%, from $5.29k in 2015 to $20.8k in 2022.

Luxembourg does not register exports to British Indian Ocean Territory.

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

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

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$4.15B

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

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

In 2022, countries that imported more from Luxembourg than British Indian Ocean Territory included Germany ($4.15B), France ($3.07B), and Belgium ($2.09B).

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

Comparative Advantage British Indian Ocean Territory - Luxembourg

Flow
Scale

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

During 2022, British Indian Ocean Territory had a large net trade with Luxembourg in the exports of Foodstuffs ($19.9k), Footwear and Headwear ($363), and Textiles ($360).

Economic Complexity

Competitive Landscape

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

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

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