Germany (DEU) and British Indian Ocean Territory (IOT) Trade | The Observatory of Economic Complexity

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Germany-British Indian Ocean Territory Trade: In 2023, Germany exported $70.7k to British Indian Ocean Territory. The main products that Germany exported to British Indian Ocean Territory were Scrap Aluminium ($53.6k), Interchangeable Tool Parts ($13.5k), and Metalworking Machine Parts ($3.61k). Over the past 7 years the exports of Germany to British Indian Ocean Territory have increased at an annualized rate of 47.4%, from $4.68k in 2016 to $70.7k in 2023.

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

British Indian Ocean Territory-Germany Trade: In 2023, British Indian Ocean Territory exported $4.93k to Germany. The main products that British Indian Ocean Territory exported to Germany were Revenue Stamps ($3.56k) and Collector's Items ($1.37k). Over the past 7 years the exports of British Indian Ocean Territory to Germany have increased at an annualized rate of 15%, from $2.45k in 2016 to $4.93k in 2023.

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

Comparison In 2023, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, British Indian Ocean Territory ranked 209 in total exports ($23.5M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, Germany exported €N/A and imported €N/A from British Indian Ocean Territory, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Germany have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Germany to British Indian Ocean Territory were . In N/A the top imports of Germany from British Indian Ocean Territory were .

Origins In N/A the exports of Germany were mainly from N/A, while imports destinations were mainly N/A.

Growth In N/A, the N/A in Germany's year-by-year exports to British Indian Ocean Territory was explained primarily by an decrease in product exports in . In N/A, the N/A in Germany's year-by-year imports from British Indian Ocean Territory was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check British Indian Ocean Territory and Germany trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Germany exported $70.7k to British Indian Ocean Territory. The main products exported from Germany to British Indian Ocean Territory were Scrap Aluminium ($53.6k), Interchangeable Tool Parts ($13.5k), and Metalworking Machine Parts ($3.61k). During the last 7 years the exports of Germany to British Indian Ocean Territory have increased at an annualized rate of 47.4%, from $4.68k in 2016 to $70.7k in 2023.

In 2018, British Indian Ocean Territory exported $4.93k to Germany. The main products exported from British Indian Ocean Territory to Germany were Revenue Stamps ($3.56k) and Collector's Items ($1.37k). During the last 5 years the exports of British Indian Ocean Territory to Germany have increased at an annualized rate of 15%, from $2.45k in 2023 to $4.93k in 2018.

Exports from Germany () to British Indian Ocean Territory () (2023)

Exports from British Indian Ocean Territory () to Germany () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Germany
Top DestinationUnited States$157B

British Indian Ocean Territory
Top DestinationSingapore$20.2M

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

In 2023, countries that imported more from Germany than British Indian Ocean Territory included United States ($157B), France ($118B), and Netherlands ($108B).

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

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

Comparative Advantage Germany - British Indian Ocean Territory

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Germany had a large net trade with British Indian Ocean Territory in the exports of Metals ($67.1k) and Machines ($3.61k).

During 2018, British Indian Ocean Territory had a large net trade with Germany in the exports of Arts and Antiques ($4.93k).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Germany () to British Indian Ocean Territory () (2023)

Exports from British Indian Ocean Territory () to Germany () (2023)

Market Competitiveness

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

Comparative Advantage Germany - British Indian Ocean Territory

Economic Complexity

Competitive Landscape

Product Space of Germany () and British Indian Ocean Territory () (2023)

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