British Indian Ocean Territory (IOT) and Serbia (SRB) Trade | The Observatory of Economic Complexity

About

British Indian Ocean Territory-Serbia Trade: In 2022, British Indian Ocean Territory exported $308 to Serbia. The main products that British Indian Ocean Territory exported to Serbia were Electrical Transformers ($308). Over the past 14 years the exports of British Indian Ocean Territory to Serbia have decreased at an annualized rate of 27.9%, from $30.1k in 2008 to $308 in 2022.

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

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

In 2009, Serbia exported services to British Indian Ocean Territory worth $1.35k, with Personal, cultural, and recreational services ($738) and Workers' remittances ($611) being the largest in terms of value.

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, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, British Indian Ocean Territory exported $308 to Serbia. The main products exported from British Indian Ocean Territory to Serbia were Electrical Transformers ($308). During the last 14 years the exports of British Indian Ocean Territory to Serbia have decreased at an annualized rate of 27.9%, from $30.1k in 2008 to $308 in 2022.

Serbia does not register exports to British Indian Ocean Territory.

Exports from British Indian Ocean Territory () to Serbia () (2022)

Exports from Serbia () to British Indian Ocean Territory () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Indian Ocean Territory
Top DestinationSingapore$4.42M

Serbia
Top DestinationGermany$4B

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

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

In 2022, countries that imported more from Serbia than British Indian Ocean Territory included Germany ($4B), Bosnia and Herzegovina ($2.14B), and Italy ($2.1B).

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

Comparative Advantage British Indian Ocean Territory - Serbia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, British Indian Ocean Territory had a large net trade with Serbia in the exports of Machines ($308).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of British Indian Ocean Territory and Serbia. This means that a dot/product with the flag of British Indian Ocean Territory indicates it has a comparative advantage over Serbia. Similarly, a dot/product with the flag of Serbia 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 Serbia () (2022)

Exports from Serbia () to British Indian Ocean Territory () (2022)

Market Competitiveness

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

Comparative Advantage British Indian Ocean Territory - Serbia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of British Indian Ocean Territory () and Serbia () (2022)

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