NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $27kRnk 17 / 53
2023
Flag → Flag
Top Product $11.7kStone Processing Machines
2023
Flag → Flag
Exports $249kRnk 201 / 216
2023
Flag → Flag
Top Product $142kCorn
2023
Flag
Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
Flag
 GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
GDP PC$13,106CURRENT US$
Rnk 77 / 196
2013-2023
Flag
GDP PC GROWTH4.19%CURRENT US$
Rnk 147 / 195

About

British Indian Ocean Territory-Turkey Trade: In 2023, British Indian Ocean Territory exported $27k to Turkey. The main products that British Indian Ocean Territory exported to Turkey were Stone Processing Machines ($11.7k), Excavation Machinery ($7.04k), and Interchangeable Tool Parts ($5.14k). Over the past 6 years the exports of British Indian Ocean Territory to Turkey have decreased at an annualized rate of 0.98%, from $28.7k in 2017 to $27k in 2023.

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

Turkey-British Indian Ocean Territory Trade: In 2023, Turkey exported $249k to British Indian Ocean Territory. The main products that Turkey exported to British Indian Ocean Territory were Corn ($142k) and Soybean Meal ($107k). Over the past 6 years the exports of Turkey to British Indian Ocean Territory have increased at an annualized rate of 4.76%,  from $198k in 2017 to $249k in 2023.

In 2023, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Indian Ocean Territory exported $27k to Turkey. The main products exported from British Indian Ocean Territory to Turkey were Stone Processing Machines ($11.7k), Excavation Machinery ($7.04k), and Interchangeable Tool Parts ($5.14k). During the last 6 years the exports of British Indian Ocean Territory to Turkey have decreased at an annualized rate of 0.98%, from $28.7k in 2017 to $27k in 2023.

In 2018, Turkey exported $249k to British Indian Ocean Territory. The main products exported from Turkey to British Indian Ocean Territory were Corn ($142k) and Soybean Meal ($107k). During the last 5 years the exports of Turkey to British Indian Ocean Territory have increased at an annualized rate of 4.76%, from $198k in 2023 to $249k in 2018.

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

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

Latest Data

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

Turkey Exports

Market Competitiveness

Color
British Indian Ocean Territory
Top DestinationSingapore$20.2M
Turkey
Top DestinationGermany$24.7B

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

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

In 2023, countries that imported more from Turkey than British Indian Ocean Territory included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

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

Comparative Advantage British Indian Ocean Territory - Turkey

Flow
Scale

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

During 2023, British Indian Ocean Territory had a large net trade with Turkey in the exports of Machines ($20.5k), Metals ($6.29k), and Instruments ($137).

During 2018, Turkey had a large net trade with British Indian Ocean Territory in the exports of Vegetable Products ($142k) and Foodstuffs ($107k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms