2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Philippines-British Indian Ocean Territory Trade: In 2020, Philippines exported $1.6k to British Indian Ocean Territory. The main products that Philippines exported to British Indian Ocean Territory were N/A. Over the past 5 years the exports of Philippines to British Indian Ocean Territory have increased at an annualized rate of 5.92%, from $1.2k in 2015 to $1.6k in 2020.

In 2020, Philippines did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Philippines Trade: In 2020, British Indian Ocean Territory exported $2.01k to Philippines. The main products that British Indian Ocean Territory exported to Philippines were N/A. Over the past 5 years the exports of British Indian Ocean Territory to Philippines have increased at an annualized rate of 5.62%,  from $1.23k in 2015 to $2.01k in 2020.

In 2020, British Indian Ocean Territory did not export any services to Philippines.

Comparison In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71),  and 40 in total exports ($110B). That same year, British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Philippines exported $1.6k to British Indian Ocean Territory. There were not main exports from Philippines to British Indian Ocean Territory in 2020. During the last 5 years the exports of Philippines to British Indian Ocean Territory have increased at an annualized rate of 5.92%, from $1.2k in 2015 to $1.6k in 2020.

In 2016, British Indian Ocean Territory exported $2.01k to Philippines. There were not main exports from British Indian Ocean Territory to Philippines in 2016. During the last 5 years the exports of British Indian Ocean Territory to Philippines have increased at an annualized rate of 5.62%, from $1.23k in 2021 to $2.01k in 2016.

Exports from Philippines (Flag) to British Indian Ocean Territory (Flag) (2021)

Exports from British Indian Ocean Territory (Flag) to Philippines (Flag) (2021)

Market Competitiveness

Color
Philippines
Top Destination
N/AN/A
British Indian Ocean Territory
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Philippines - British Indian Ocean Territory

Flow
Scale

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

During 2020, Philippines had a large net trade with British Indian Ocean Territory in the exports of .

During 2016, British Indian Ocean Territory had a large net trade with Philippines in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Philippines and British Indian Ocean Territory. This means that a dot/product with the flag of Philippines 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 Philippines.

Product Space of Philippines (Flag) and British Indian Ocean Territory (Flag) (2021)

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