2022
Flag
 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

British Indian Ocean Territory-Austria Trade: In 2022, British Indian Ocean Territory exported $28 to Austria. The main products that British Indian Ocean Territory exported to Austria were Imitation Jewellery ($28). Over the past 14 years the exports of British Indian Ocean Territory to Austria have decreased at an annualized rate of 28.9%, from $3.3k in 2008 to $28 in 2022.

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

Austria-British Indian Ocean Territory Trade: In 2022, Austria exported $12k to British Indian Ocean Territory. The main products that Austria exported to British Indian Ocean Territory were N/A. Over the past 14 years the exports of Austria to British Indian Ocean Territory have increased at an annualized rate of 39.5%,  from $2.27k in 2008 to $12k in 2022.

In 2022, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Indian Ocean Territory exported $28 to Austria. The main products exported from British Indian Ocean Territory to Austria were Imitation Jewellery ($28). During the last 14 years the exports of British Indian Ocean Territory to Austria have decreased at an annualized rate of 28.9%, from $3.3k in 2008 to $28 in 2022.

In 2006, Austria exported $12k to British Indian Ocean Territory. There were not main exports from Austria to British Indian Ocean Territory in 2006. During the last 5 years the exports of Austria to British Indian Ocean Territory have increased at an annualized rate of 39.5%, from $2.27k in 2011 to $12k in 2006.

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

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

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B

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

In 2022, no countries were registered that imported more from British Indian Ocean Territory than from Austria.

In 2022, countries that imported more from Austria than British Indian Ocean Territory included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

Comparative Advantage British Indian Ocean Territory - Austria

Flow
Scale

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

During 2022, British Indian Ocean Territory had a large net trade with Austria in the exports of Precious Metals ($28).

During 2006, Austria had a large net trade with British Indian Ocean Territory 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 Austria. This means that a dot/product with the flag of British Indian Ocean Territory indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over British Indian Ocean Territory.

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

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