2023
Flag  
GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC 
$3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195

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 In N/A, British Indian Ocean Territory did not export any products to Philippines.

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

Comparison In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64),  and 42 in total exports ($101B). That same year, British Indian Ocean Territory ranked 209 in total exports ($23.5M), 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.

British Indian Ocean Territory does not register exports to Philippines. The main products exported from British Indian Ocean Territory to Philippines were Orthopedic Appliances ($540).

Exports from Philippines (Flag) to British Indian Ocean Territory (Flag) (2023)

Exports from British Indian Ocean Territory (Flag) to Philippines (Flag) (2023)

Market Competitiveness

Color
Philippines
Top Destination
China$19B

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.

In 2023, countries that imported more from Philippines than British Indian Ocean Territory included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

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

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 .

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) (2023)

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