2022
Flag
 GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186

About

British Indian Ocean Territory-Australia Trade: In 2018, British Indian Ocean Territory exported $14k to Australia. The main products that British Indian Ocean Territory exported to Australia were N/A. Over the past 6 years the exports of British Indian Ocean Territory to Australia have increased at an annualized rate of 20.8%, from $4.52k in 2012 to $14k in 2018.

In 2018, British Indian Ocean Territory did not export any services to Australia.

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

In 2018, Australia 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, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, British Indian Ocean Territory exported $14k to Australia. There were not main exports from British Indian Ocean Territory to Australia in 2018. During the last 6 years the exports of British Indian Ocean Territory to Australia have increased at an annualized rate of 20.8%, from $4.52k in 2012 to $14k in 2018.

Australia does not register exports to British Indian Ocean Territory.

Exports from British Indian Ocean Territory (Flag) to Australia (Flag) (2018)

Exports from Australia (Flag) to British Indian Ocean Territory (Flag) (2018)

Market Competitiveness

Color
British Indian Ocean Territory
Top Destination
N/AN/A
Australia
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage British Indian Ocean Territory - Australia

Flow
Scale

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

During 2018, British Indian Ocean Territory had a large net trade with Australia in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of British Indian Ocean Territory and Australia. This means that a dot/product with the flag of British Indian Ocean Territory indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over British Indian Ocean Territory.

Product Space of British Indian Ocean Territory (Flag) and Australia (Flag) (2018)

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