British Indian Ocean Territory (IOT) and Azerbaijan (AZE) Trade

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Exports $38.2MRnk 48 / 0

2022

Economic Complexity (ECI) ECI -0.44Rnk 83 / 133

2022

GDP$78.7BCURRENT US$
Rnk 73 / 186

2012-2022

GDP GROWTH13%CURRENT US$
Rnk 140 / 186

2022

GDP PC$7,737CURRENT US$
Rnk 87 / 186

2012-2022

GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186

Image 1

Image by Serendigity
Link: https://flic.kr/p/imDghY

Image 2

Image by David Davidson
Link: https://flic.kr/p/5PrY2p

Historical Data
Economic Complexity

About

In N/A, British Indian Ocean Territory did not export any services to Azerbaijan.

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

In N/A, Azerbaijan 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, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

2005

1996

British Indian Ocean Territory does not register exports to Azerbaijan.

Azerbaijan does not register exports to British Indian Ocean Territory.

Exports from British Indian Ocean Territory () to Azerbaijan () (2005)

Exports from Azerbaijan () to British Indian Ocean Territory () (2005)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Indian Ocean Territory
Top DestinationSingapore$4.42M

Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from British Indian Ocean Territory than Azerbaijan included Singapore ($4.42M), Sri Lanka ($2.69k), and Bolivia ($1.07k).

In 2022, countries that imported more from Azerbaijan than British Indian Ocean Territory included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Comparative Advantage British Indian Ocean Territory - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

2005

1996

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

Economic Complexity

Competitive Landscape

Year

2005

1996

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

Product Space of British Indian Ocean Territory () and Azerbaijan () (2005)

Keep Exploring

British Indian Ocean Territory
Armenia
British Indian Ocean Territory
Bangladesh
India
Azerbaijan
Iran
Azerbaijan

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