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2023
Flag → Flag
Exports $330kRnk 3 / 53
2023
Flag → Flag
Top Product $185kElectric Motor Parts
2023
Flag → Flag
Exports $2.93MRnk 203 / 220
2023
Flag → Flag
Top Product $451kMedical Instruments
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

British Indian Ocean Territory-United States Trade: In 2023, British Indian Ocean Territory exported $330k to United States. The main products that British Indian Ocean Territory exported to United States were Electric Motor Parts ($185k), Other Furniture ($34k), and Tea ($26.2k). Over the past 5 years the exports of British Indian Ocean Territory to United States have increased at an annualized rate of 27%, from $99.6k in 2018 to $330k in 2023.

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

United States-British Indian Ocean Territory Trade: In 2023, United States exported $2.93M to British Indian Ocean Territory. The main products that United States exported to British Indian Ocean Territory were Medical Instruments ($451k), Industrial Fatty Acids, Oils and Alcohols ($236k), and Zinc Powder ($203k). Over the past 5 years the exports of United States to British Indian Ocean Territory have decreased at an annualized rate of 20%,  from $8.94M in 2018 to $2.93M in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Indian Ocean Territory exported $330k to United States. The main products exported from British Indian Ocean Territory to United States were Electric Motor Parts ($185k), Other Furniture ($34k), and Tea ($26.2k). During the last 5 years the exports of British Indian Ocean Territory to United States have increased at an annualized rate of 27%, from $99.6k in 2018 to $330k in 2023.

In 2018, United States exported $2.93M to British Indian Ocean Territory. The main products exported from United States to British Indian Ocean Territory were Medical Instruments ($451k), Industrial Fatty Acids, Oils and Alcohols ($236k), and Zinc Powder ($203k). During the last 5 years the exports of United States to British Indian Ocean Territory have decreased at an annualized rate of 20%, from $8.94M in 2023 to $2.93M in 2018.

Exports from British Indian Ocean Territory (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to British Indian Ocean Territory (Flag) (2023)

Latest Data

Trade between British Indian Ocean Territory (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
British Indian Ocean Territory
Top DestinationSingapore$20.2M
United States
Top DestinationCanada$269B

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

In 2023, countries that imported more from United States than British Indian Ocean Territory included Canada ($269B), Mexico ($243B), and China ($154B).

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

Comparative Advantage British Indian Ocean Territory - United States

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 2023, British Indian Ocean Territory had a large net trade with United States in the exports of Machines ($201k), Miscellaneous ($49.9k), and Vegetable Products ($30.2k).

During 2018, United States had a large net trade with British Indian Ocean Territory in the exports of Instruments ($632k), Machines ($543k), and Foodstuffs ($532k).

Economic Complexity

Competitive Landscape

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

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

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