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2023
Flag → Flag
Exports $494Rnk 44 / 53
2023
Flag → Flag
Top Product $477Valves
2023
Flag → Flag
Exports $6.55kRnk 36 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag
 GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

British Indian Ocean Territory-Thailand Trade: In 2023, British Indian Ocean Territory exported $494 to Thailand. The main products that British Indian Ocean Territory exported to Thailand were Valves ($477), Iron Fasteners ($16), and Perfume Plants ($1). Over the past 6 years the exports of British Indian Ocean Territory to Thailand have decreased at an annualized rate of 33.5%, from $5.71k in 2017 to $494 in 2023.

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

Thailand-British Indian Ocean Territory Trade: In 2023, Thailand exported $6.55k to British Indian Ocean Territory. The main products that Thailand exported to British Indian Ocean Territory were N/A. Over the past 6 years the exports of Thailand to British Indian Ocean Territory have decreased at an annualized rate of 20.8%,  from $21k in 2017 to $6.55k in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Indian Ocean Territory exported $494 to Thailand. The main products exported from British Indian Ocean Territory to Thailand were Valves ($477), Iron Fasteners ($16), and Perfume Plants ($1). During the last 6 years the exports of British Indian Ocean Territory to Thailand have decreased at an annualized rate of 33.5%, from $5.71k in 2017 to $494 in 2023.

In 2014, Thailand exported $6.55k to British Indian Ocean Territory. There were not main exports from Thailand to British Indian Ocean Territory in 2014. During the last 5 years the exports of Thailand to British Indian Ocean Territory have decreased at an annualized rate of 20.8%, from $21k in 2019 to $6.55k in 2014.

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

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

Latest Data

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

Thailand Exports

Market Competitiveness

Color
British Indian Ocean Territory
Top DestinationSingapore$20.2M
Thailand
Top DestinationUnited States$58.5B

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

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

In 2023, countries that imported more from Thailand than British Indian Ocean Territory included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage British Indian Ocean Territory - Thailand

Flow
Scale

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

During 2023, British Indian Ocean Territory had a large net trade with Thailand in the exports of Machines ($477), Metals ($16), and Vegetable Products ($1).

During 2014, Thailand had a large net trade with British Indian Ocean Territory in the exports of .

Economic Complexity

Competitive Landscape

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

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

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