2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

British Indian Ocean Territory-South Africa Trade: In 2022, British Indian Ocean Territory exported $47.9k to South Africa. The main products that British Indian Ocean Territory exported to South Africa were Cleaning Products ($35k), Other live plants, cuttings and slips; mushroom spawn ($12.4k), and Iron Fasteners ($378). Over the past 5 years the exports of British Indian Ocean Territory to South Africa have increased at an annualized rate of 30.8%, from $12.5k in 2017 to $47.9k in 2022.

In 2022, British Indian Ocean Territory did not export any services to South Africa.

South Africa-British Indian Ocean Territory Trade: In 2022, South Africa exported $19.8k to British Indian Ocean Territory. The main products that South Africa exported to British Indian Ocean Territory were N/A. Over the past 5 years the exports of South Africa to British Indian Ocean Territory have increased at an annualized rate of 529%,  from $2 in 2017 to $19.8k in 2022.

In 2022, South Africa did not export any services to British Indian Ocean Territory.

Comparison In 2022,  British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index. That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Indian Ocean Territory exported $47.9k to South Africa. The main products exported from British Indian Ocean Territory to South Africa were Cleaning Products ($35k), Other live plants, cuttings and slips; mushroom spawn ($12.4k), and Iron Fasteners ($378). During the last 5 years the exports of British Indian Ocean Territory to South Africa have increased at an annualized rate of 30.8%, from $12.5k in 2017 to $47.9k in 2022.

In 2014, South Africa exported $19.8k to British Indian Ocean Territory. There were not main exports from South Africa to British Indian Ocean Territory in 2014. During the last 5 years the exports of South Africa to British Indian Ocean Territory have increased at an annualized rate of 529%, from $2 in 2019 to $19.8k in 2014.

Exports from British Indian Ocean Territory (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to British Indian Ocean Territory (Flag) (2022)

Latest Data

Trade between British Indian Ocean Territory (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B

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

In 2022, no countries were registered that imported more from British Indian Ocean Territory than from South Africa.

In 2022, countries that imported more from South Africa than British Indian Ocean Territory included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and British Indian Ocean Territory (Flag) (2022)

Comparative Advantage British Indian Ocean Territory - South Africa

Flow
Scale

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

During 2022, British Indian Ocean Territory had a large net trade with South Africa in the exports of Chemical Products ($35k), Vegetable Products ($12.4k), and Metals ($378).

During 2014, South Africa 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 South Africa. This means that a dot/product with the flag of British Indian Ocean Territory indicates it has a comparative advantage over South Africa. Similarly, a dot/product with the flag of South Africa indicates it has a comparative advantage over British Indian Ocean Territory.

Product Space of British Indian Ocean Territory (Flag) and South Africa (Flag) (2022)

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