2023
Flag  
GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
GDP PC 
$6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195

About

South Africa-British Indian Ocean Territory Trade: In 2023, South Africa exported $26k to British Indian Ocean Territory. The main products that South Africa exported to British Indian Ocean Territory were Medical Instruments ($26k). Over the past 11 years the exports of South Africa to British Indian Ocean Territory have increased at an annualized rate of 137%, from $2 in 2012 to $26k in 2023.

In 2023, South Africa did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-South Africa Trade: In 2023, British Indian Ocean Territory exported $137k to South Africa. The main products that British Indian Ocean Territory exported to South Africa were Rice ($136k), Iron Fasteners ($1.16k), and Other Rubber Products ($17). Over the past 11 years the exports of British Indian Ocean Territory to South Africa have increased at an annualized rate of 8.44%,  from $91.3k in 2012 to $137k in 2023.

In 2023, British Indian Ocean Territory did not export any services to South Africa.

Comparison In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07),  and 34 in total exports ($154B). 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 2023, South Africa exported $26k to British Indian Ocean Territory. The main products exported from South Africa to British Indian Ocean Territory were Medical Instruments ($26k). During the last 11 years the exports of South Africa to British Indian Ocean Territory have increased at an annualized rate of 137%, from $2 in 2012 to $26k in 2023.

In 2018, British Indian Ocean Territory exported $137k to South Africa. The main products exported from British Indian Ocean Territory to South Africa were Rice ($136k), Iron Fasteners ($1.16k), and Other Rubber Products ($17). During the last 5 years the exports of British Indian Ocean Territory to South Africa have increased at an annualized rate of 8.44%, from $91.3k in 2023 to $137k in 2018.

Exports from South Africa (Flag) to British Indian Ocean Territory (Flag) (2023)

Exports from British Indian Ocean Territory (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top Destination
China$29.5B

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

In 2023, countries that imported more from South Africa than British Indian Ocean Territory included China ($29.5B), United States ($13B), and Germany ($10.8B).

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

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

Comparative Advantage South Africa - British Indian Ocean Territory

Flow
Scale

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

During 2023, South Africa had a large net trade with British Indian Ocean Territory in the exports of Instruments ($26k).

During 2018, British Indian Ocean Territory had a large net trade with South Africa in the exports of Vegetable Products ($136k), Metals ($1.16k), and Plastics and Rubbers ($17).

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and British Indian Ocean Territory (Flag) (2023)

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