2023
Flag
 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

British Indian Ocean Territory-Malaysia Trade: In 2023, British Indian Ocean Territory exported $422 to Malaysia. The main products that British Indian Ocean Territory exported to Malaysia were Knit Women's Suits ($351), Other Plastic Products ($48), and Other Heating Machinery ($23). Over the past 15 years the exports of British Indian Ocean Territory to Malaysia have decreased at an annualized rate of 28.2%, from $60.4k in 2008 to $422 in 2023.

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

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

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Indian Ocean Territory exported $422 to Malaysia. The main products exported from British Indian Ocean Territory to Malaysia were Knit Women's Suits ($351), Other Plastic Products ($48), and Other Heating Machinery ($23). During the last 15 years the exports of British Indian Ocean Territory to Malaysia have decreased at an annualized rate of 28.2%, from $60.4k in 2008 to $422 in 2023.

Malaysia does not register exports to British Indian Ocean Territory. The main products exported from Malaysia to British Indian Ocean Territory were Styrene Polymers ($62k), Ethylene Polymers ($36.8k), and Hard Liquor ($9.26k).

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

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

Latest Data

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

Malaysia Exports

Market Competitiveness

Color
Malaysia
Top Destination
China$79.8B

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

In 2023, no countries were registered that imported more from British Indian Ocean Territory than from Malaysia.

In 2023, countries that imported more from Malaysia than British Indian Ocean Territory included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage British Indian Ocean Territory - Malaysia

Flow
Scale

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

During 2023, British Indian Ocean Territory had a large net trade with Malaysia in the exports of Textiles ($351), Plastics and Rubbers ($48), and Machines ($23).

Economic Complexity

Competitive Landscape

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

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

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