Serbia (SRB) and British Indian Ocean Territory (IOT) Trade | The Observatory of Economic Complexity

About

In 2009, Serbia exported services to British Indian Ocean Territory worth $1.35k, with Personal, cultural, and recreational services ($738) and Workers' remittances ($611) being the largest in terms of value.

British Indian Ocean Territory-Serbia Trade: In N/A, British Indian Ocean Territory exported $308 to Serbia. The main products that British Indian Ocean Territory exported to Serbia were Electrical Transformers ($308). Over the past N/A years the exports of British Indian Ocean Territory to Serbia have increased at an annualized rate of 52%, from $38 in N/A to $308 in N/A.

In N/A, British Indian Ocean Territory did not export any services to Serbia.

Comparison In 2022, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Serbia does not register exports to British Indian Ocean Territory.

In 2017, British Indian Ocean Territory exported $308 to Serbia. The main products exported from British Indian Ocean Territory to Serbia were Electrical Transformers ($308). During the last 5 years the exports of British Indian Ocean Territory to Serbia have increased at an annualized rate of 52%, from $38 in 2022 to $308 in 2017.

Exports from Serbia () to British Indian Ocean Territory () (2022)

Exports from British Indian Ocean Territory () to Serbia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Serbia
Top DestinationGermany$4B

British Indian Ocean Territory
Top DestinationSingapore$4.42M

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

In 2022, countries that imported more from Serbia than British Indian Ocean Territory included Germany ($4B), Bosnia and Herzegovina ($2.14B), and Italy ($2.1B).

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

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

Comparative Advantage Serbia - British Indian Ocean Territory

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, British Indian Ocean Territory had a large net trade with Serbia in the exports of Machines ($308).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Serbia () to British Indian Ocean Territory () (2022)

Exports from British Indian Ocean Territory () to Serbia () (2022)

Market Competitiveness

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

Comparative Advantage Serbia - British Indian Ocean Territory

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Serbia () and British Indian Ocean Territory () (2022)

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