2023
Flag
 GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC
$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195

About

British Indian Ocean Territory-Sweden Trade: In 2023, British Indian Ocean Territory exported $2.92k to Sweden. The main products that British Indian Ocean Territory exported to Sweden were Iron Fasteners ($2.45k), Non-Knit Men's Shirts ($283), and Shaving Products ($94). Over the past 5 years the exports of British Indian Ocean Territory to Sweden have decreased at an annualized rate of 27.1%, from $14.2k in 2018 to $2.92k in 2023.

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

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

In 2023, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Indian Ocean Territory exported $2.92k to Sweden. The main products exported from British Indian Ocean Territory to Sweden were Iron Fasteners ($2.45k), Non-Knit Men's Shirts ($283), and Shaving Products ($94). During the last 5 years the exports of British Indian Ocean Territory to Sweden have decreased at an annualized rate of 27.1%, from $14.2k in 2018 to $2.92k in 2023.

Sweden does not register exports to British Indian Ocean Territory.

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

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

Latest Data

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

Sweden Exports

Date

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B

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

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

In 2023, countries that imported more from Sweden than British Indian Ocean Territory included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

Comparative Advantage British Indian Ocean Territory - Sweden

Flow
Scale

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

During 2023, British Indian Ocean Territory had a large net trade with Sweden in the exports of Metals ($2.45k), Textiles ($283), and Chemical Products ($94).

Economic Complexity

Competitive Landscape

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

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

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