2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

United States-British Indian Ocean Territory Trade: In 2022, United States exported $4.66M to British Indian Ocean Territory. The main products that United States exported to British Indian Ocean Territory were Other Agricultural Machinery ($428k), Zinc Powder ($322k), and Air Pumps ($263k). Over the past 5 years the exports of United States to British Indian Ocean Territory have decreased at an annualized rate of 33.5%, from $35.8M in 2017 to $4.66M in 2022.

In 2022, United States did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-United States Trade: In 2022, British Indian Ocean Territory exported $381k to United States. The main products that British Indian Ocean Territory exported to United States were Jewellery ($158k), Stone Processing Machines ($77.6k), and Light Fixtures ($37.6k). Over the past 5 years the exports of British Indian Ocean Territory to United States have decreased at an annualized rate of 35.8%,  from $8.46M in 2017 to $381k in 2022.

In 2022, British Indian Ocean Territory did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47),  and 2 in total exports ($1.95T). That same year, British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as were at the forefront of exporting goods from British Indian Ocean Territory to the United States. Conversely, were notable for importing products to British Indian Ocean Territory from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $4.66M to British Indian Ocean Territory. The main products exported from United States to British Indian Ocean Territory were Other Agricultural Machinery ($428k), Zinc Powder ($322k), and Air Pumps ($263k). During the last 5 years the exports of United States to British Indian Ocean Territory have decreased at an annualized rate of 33.5%, from $35.8M in 2017 to $4.66M in 2022.

In 2017, British Indian Ocean Territory exported $381k to United States. The main products exported from British Indian Ocean Territory to United States were Jewellery ($158k), Stone Processing Machines ($77.6k), and Light Fixtures ($37.6k). During the last 5 years the exports of British Indian Ocean Territory to United States have decreased at an annualized rate of 35.8%, from $8.46M in 2022 to $381k in 2017.

Exports from United States (Flag) to British Indian Ocean Territory (Flag) (2022)

Exports from British Indian Ocean Territory (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B

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

In 2022, countries that imported more from United States than British Indian Ocean Territory included Canada ($308B), Mexico ($294B), and China ($151B).

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

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

Comparative Advantage United States - British Indian Ocean Territory

Flow
Scale

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

During 2022, United States had a large net trade with British Indian Ocean Territory in the exports of Metals ($1.2M), Machines ($1.14M), and Foodstuffs ($440k).

During 2017, British Indian Ocean Territory had a large net trade with United States in the exports of Precious Metals ($158k), Machines ($105k), and Miscellaneous ($37.6k).

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and British Indian Ocean Territory (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with