2023
Flag  
GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC 
$8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH
119%CURRENT US$
Rnk 4 / 195

About

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

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

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

Comparison In 2023,  Armenia ranked 57 in the Economic Complexity Index (ECI 0.094),  and 107 in total exports ($9.02B). 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
Year

Armenia does not register exports to British Indian Ocean Territory.

British Indian Ocean Territory does not register exports to Armenia. The main products exported from British Indian Ocean Territory to Armenia were Electrical Ignitions ($25).

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

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

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B

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

In 2023, countries that imported more from Armenia than British Indian Ocean Territory included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

In 2023, countries that imported more from British Indian Ocean Territory than Armenia included Singapore ($20.2M), Pakistan ($1.88M), and South Africa ($137k).

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

Comparative Advantage Armenia - British Indian Ocean Territory

Flow
Scale
Year

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

Economic Complexity

Competitive Landscape

Year

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

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

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