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Pricing

2022
Flag → Flag
Exports $115Rnk 49 / 60
2022
Flag → Flag
Top Product $91Engine Parts
2022
Flag → Flag
Exports $27.6MRnk 62 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 74 / 124
2022
Flag
 GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

British Indian Ocean Territory-Armenia In 2022, British Indian Ocean Territory exported $115 to Armenia. The main products that British Indian Ocean Territory exported to Armenia are Engine Parts ($91) and Motor vehicles; parts and accessories (8701 to 8705) ($24). During the last 9 years the exports of British Indian Ocean Territory to Armenia have decreased at an annualized rate of 20.9%, from $950 in 2013 to $115 in 2022.

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

Armenia-British Indian Ocean Territory In false, Armenia did not export any products to British Indian Ocean Territory.

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

Comparison In 2022,  British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value
Year

In 2022, British Indian Ocean Territory exported $115 to Armenia. The main products exported from British Indian Ocean Territory to Armenia were Engine Parts ($91) and Motor vehicles; parts and accessories (8701 to 8705) ($24). During the last 9 years the exports of British Indian Ocean Territory to Armenia have decreased at an annualized rate of 20.9%, from $950 in 2013 to $115 in 2022.

Armenia does not register exports to British Indian Ocean Territory.

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

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

Market Competitiveness

Color
British Indian Ocean Territory
Top DestinationSingapore$4.42M
Armenia
Top DestinationRussia$2.36B

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

In 2021, countries that imported more from British Indian Ocean Territory than Armenia were Singapore ($4.42M), Maldives ($698), and Kenya ($1.85k).

In 2021, countries that imported more from Armenia than British Indian Ocean Territory were Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

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

Comparative Advantage British Indian Ocean Territory - Armenia

Flow
Scale
Year

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

During 2022, British Indian Ocean Territory had a large net trade with Armenia in the exports of Machines ($91) and Transportation ($24).

Economic Complexity

Competitive Landscape

Year

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 British Indian Ocean Territory has comparative advantage over Armenia. Similarly, the more yellow a dot/product is, the more Armenia has comparative advantage over British Indian Ocean Territory.

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

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