Ireland (IRL) and British Indian Ocean Territory (IOT) Trade | The Observatory of Economic Complexity

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Ireland-British Indian Ocean Territory Trade: In 2021, Ireland exported $845k to British Indian Ocean Territory. The main products that Ireland exported to British Indian Ocean Territory were N/A. Over the past 25 years the exports of Ireland to British Indian Ocean Territory have increased at an annualized rate of 19%, from $10.8k in 1996 to $845k in 2021.

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

British Indian Ocean Territory-Ireland Trade: In 2021, British Indian Ocean Territory exported $17.7k to Ireland. The main products that British Indian Ocean Territory exported to Ireland were Integrated Circuits ($11.3k), Iron Fasteners ($3.34k), and Molluscs ($1.29k). Over the past 25 years the exports of British Indian Ocean Territory to Ireland have decreased at an annualized rate of 21.2%, from $120k in 1996 to $17.7k in 2021.

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

Comparison In 2023, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, British Indian Ocean Territory ranked 209 in total exports ($23.5M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, Ireland exported €N/A and imported €N/A from British Indian Ocean Territory, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Ireland have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Ireland to British Indian Ocean Territory were . In N/A the top imports of Ireland from British Indian Ocean Territory were .

Growth In N/A, the N/A in Ireland's year-by-year exports to British Indian Ocean Territory was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland's year-by-year imports from British Indian Ocean Territory was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

This section shows exports and imports data at subnational level for Ireland. Click any date in the line plot or any product to explore the exports or imports behavior of Ireland over time.

To check British Indian Ocean Territory and Ireland trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Ireland exported $845k to British Indian Ocean Territory. There were not main exports from Ireland to British Indian Ocean Territory in 2021. During the last 25 years the exports of Ireland to British Indian Ocean Territory have increased at an annualized rate of 19%, from $10.8k in 1996 to $845k in 2021.

In 2018, British Indian Ocean Territory exported $17.7k to Ireland. The main products exported from British Indian Ocean Territory to Ireland were Integrated Circuits ($11.3k), Iron Fasteners ($3.34k), and Molluscs ($1.29k). During the last 5 years the exports of British Indian Ocean Territory to Ireland have decreased at an annualized rate of 21.2%, from $120k in 2023 to $17.7k in 2018.

Exports from Ireland () to British Indian Ocean Territory () (2023)

Exports from British Indian Ocean Territory () to Ireland () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ireland
Top DestinationUnited States$67.4B

British Indian Ocean Territory
Top DestinationSingapore$20.2M

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

In 2023, countries that imported more from Ireland than British Indian Ocean Territory included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

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

Comparative Advantage Ireland - British Indian Ocean Territory

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Ireland had a large net trade with British Indian Ocean Territory in the exports of .

During 2018, British Indian Ocean Territory had a large net trade with Ireland in the exports of Machines ($11.7k), Metals ($3.62k), and Animal Products ($1.29k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Ireland () to British Indian Ocean Territory () (2023)

Exports from British Indian Ocean Territory () to Ireland () (2023)

Market Competitiveness

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

Comparative Advantage Ireland - British Indian Ocean Territory

Economic Complexity

Competitive Landscape

Product Space of Ireland () and British Indian Ocean Territory () (2023)

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