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The British Indian Ocean Territory is the 213th largest export economy in the world. In 2017, the British Indian Ocean Territory exported $9.1M and imported $63M, resulting in a negative trade balance of $53.9M.

The top exports of the British Indian Ocean Territory are Non-fillet Frozen Fish ($4.81M), Petroleum Gas ($1.12M), Stone Processing Machines ($577k), Coated Flat-Rolled Iron ($572k) and Integrated Circuits ($299k), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Crude Petroleum ($27.7M), Refined Petroleum ($17.8M), Other Inedible Animal Products ($7.94M), Mechanical Wood Pulp ($2.56M) and Scrap Iron ($555k).

The top export destinations of the British Indian Ocean Territory are Singapore ($5.05M), Ghana ($1.27M), Burma ($1.13M), Peru ($577k) and Sweden ($241k). The top import origins are the United States ($35.1M), Singapore ($19M), Greece ($8.2M), Malaysia ($178k) and Romania ($119k).

The British Indian Ocean Territory is an island and borders Maldives by sea.

Economic Complexity of the British Indian Ocean Territory

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