Flag British Indian Ocean Territory / United States Flag

2021
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Exports
: $385k, Rnk 2 / 48

2021
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Top Product
: $155k, Diamonds

2021
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Exports
: $5.84M, Rnk 195 / 217

2021
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Top Product
: $674k, Other Agricultural Machinery

2021
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Economic Complexity (ECI)
: ECI 1.46, Rnk 10 / 131

2021
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 GDP
: $23T, CURRENT US$
Rnk 1 / 182

2011-2021
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GDP GROWTH
: 47.4%, CURRENT US$
Rnk 56 / 182

2021
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GDP PC
: $69,288, CURRENT US$
Rnk 7 / 182

2011-2021
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GDP PC GROWTH
: 38.4%, CURRENT US$
Rnk 44 / 182

British Indian Ocean Territory-United States In 2021, British Indian Ocean Territory exported $385k to United States. The main products that British Indian Ocean Territory exported to United States are Diamonds ($155k), Jewellery ($89.2k), and Transmissions ($36.6k). During the last 26 years the exports of British Indian Ocean Territory to United States have decreased at an annualized rate of 0.3%, from $416k in 1995 to $385k in 2021.

In 2021, British Indian Ocean Territory did not export any services to United States.

United States-British Indian Ocean Territory In 2021, United States exported $5.84M to British Indian Ocean Territory. The main products that United States exported to British Indian Ocean Territory were Other Agricultural Machinery ($674k), Transmissions ($654k), and Electrical Transformers ($451k). During the last 26 years the exports of United States to British Indian Ocean Territory have increased at an annualized rate of 4.8%, from $1.72M in 1995 to $5.84M in 2021.

In 2021, United States did not export any services to British Indian Ocean Territory.

Comparison In 2021,  British Indian Ocean Territory ranked 223 in total exports ($4.01M), and does not have data regarding Economic Complexity Index. That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, British Indian Ocean Territory exported $385k to United States. The main products exported from British Indian Ocean Territory to United States were Diamonds ($155k), Jewellery ($89.2k), and Transmissions ($36.6k). During the last 26 years the exports of British Indian Ocean Territory to United States have decreased at an annualized rate of 0.3%, from $416k in 1995 to $385k in 2021.

In 2021, United States exported $5.84M to British Indian Ocean Territory. The main products exported from United States to British Indian Ocean Territory were Other Agricultural Machinery ($674k), Transmissions ($654k), and Electrical Transformers ($451k). During the last 26 years the exports of United States to British Indian Ocean Territory have increased at an annualized rate of 4.8%, from $1.72M in 1995 to $5.84M in 2021.

United States Exports

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Market Competitiveness

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Color

British Indian Ocean Territory
Top Destination
: Singapore, $2.76M

United States
Top Destination
: Canada, $259B

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

In 2019, no countries were registered that imported more from British Indian Ocean Territory than from United States.

In 2021, countries that imported more from United States than British Indian Ocean Territory were Canada ($259B), Mexico ($247B), and China ($151B).

Comparative Advantage British Indian Ocean Territory - United States

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Flow
Scale

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

During 2021, British Indian Ocean Territory had a large net trade with United States in the exports of Precious Metals ($245k), Machines ($57.2k), and Wood Products ($34.2k).

During 2021, United States had a large net trade with British Indian Ocean Territory in the exports of Machines ($2.93M), Textiles ($531k), and Metals ($419k).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more British Indian Ocean Territory has comparative advantage over United States. Similarly, the more yellow a dot/product is, the more United States has comparative advantage over British Indian Ocean Territory.