2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
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GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Germany-British Indian Ocean Territory In 2022, Germany exported $25.2k to British Indian Ocean Territory. The main products that Germany exported to British Indian Ocean Territory are Oscilloscopes ($18.2k), Light Fixtures ($3.55k), and Book-binding Machines ($1.76k). During the last 27 years the exports of Germany to British Indian Ocean Territory have decreased at an annualized rate of 6.85%, from $171k in 1995 to $25.2k in 2022.

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

British Indian Ocean Territory-Germany In 2022, British Indian Ocean Territory exported $1.67k to Germany. The main products that British Indian Ocean Territory exported to Germany were Electrical Capacitors ($1.4k), Iron Fasteners ($172), and Packing Bags ($95). During the last 27 years the exports of British Indian Ocean Territory to Germany have decreased at an annualized rate of 28%, from $11.8M in 1995 to $1.67k in 2022.

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

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75),  and 3 in total exports ($1.6T). That same year, British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $25.2k to British Indian Ocean Territory. The main products exported from Germany to British Indian Ocean Territory were Oscilloscopes ($18.2k), Light Fixtures ($3.55k), and Book-binding Machines ($1.76k). During the last 27 years the exports of Germany to British Indian Ocean Territory have decreased at an annualized rate of 6.85%, from $171k in 1995 to $25.2k in 2022.

In 2022, British Indian Ocean Territory exported $1.67k to Germany. The main products exported from British Indian Ocean Territory to Germany were Electrical Capacitors ($1.4k), Iron Fasteners ($172), and Packing Bags ($95). During the last 27 years the exports of British Indian Ocean Territory to Germany have decreased at an annualized rate of 28%, from $11.8M in 1995 to $1.67k in 2022.

Exports from Germany (Flag) to British Indian Ocean Territory (Flag) (2022)

Exports from British Indian Ocean Territory (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top Destination
United States$153B

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 2021, countries that imported more from Germany than British Indian Ocean Territory were United States ($153B), France ($120B), and China ($109B).

In 2019, no countries were registered that imported more from British Indian Ocean Territory than from Germany.

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

Comparative Advantage Germany - British Indian Ocean Territory

Flow
Scale

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 2022, Germany had a large net trade with British Indian Ocean Territory in the exports of Instruments ($18.2k), Miscellaneous ($3.55k), and Machines ($3.39k).

During 2022, British Indian Ocean Territory had a large net trade with Germany in the exports of Machines ($1.41k), Metals ($172), and Textiles ($95).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over British Indian Ocean Territory. Similarly, the more yellow a dot/product is, the more British Indian Ocean Territory has comparative advantage over Germany.

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

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