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2021
Flag → Flag
Exports $8.29kRnk 37 / 0
2021
Flag → Flag
Exports $3.44kRnk 50 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag
 GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
GDP PC$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

British Indian Ocean Territory-Benin In 2021, British Indian Ocean Territory exported $8.29k to Benin. The main products that British Indian Ocean Territory exported to Benin are N/A. During the last 23 years the exports of British Indian Ocean Territory to Benin have decreased at an annualized rate of 3.92%, from $20.8k in 1998 to $8.29k in 2021.

In 2021, British Indian Ocean Territory did not export any services to Benin.

Benin-British Indian Ocean Territory In 2021, Benin exported $3.44k to British Indian Ocean Territory. The main products that Benin exported to British Indian Ocean Territory were N/A. During the last 23 years the exports of Benin to British Indian Ocean Territory have decreased at an annualized rate of 16%, from $190k in 1998 to $3.44k in 2021.

In 2021, Benin 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, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, British Indian Ocean Territory exported $8.29k to Benin. There were not main exports from British Indian Ocean Territory to Benin in 2021. During the last 23 years the exports of British Indian Ocean Territory to Benin have decreased at an annualized rate of 3.92%, from $20.8k in 1998 to $8.29k in 2021.

In 2017, Benin exported $3.44k to British Indian Ocean Territory. There were not main exports from Benin to British Indian Ocean Territory in 2017. During the last 19 years the exports of Benin to British Indian Ocean Territory have decreased at an annualized rate of 16%, from $190k in 1998 to $3.44k in 2017.

Exports from British Indian Ocean Territory (Flag) to Benin (Flag) (2021)

Exports from Benin (Flag) to British Indian Ocean Territory (Flag) (2021)

Market Competitiveness

Color
British Indian Ocean Territory
Top DestinationSingapore$4.42M
Benin
Top DestinationIndia$448M

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

In 2021, countries that imported more from British Indian Ocean Territory than Benin were Singapore ($4.42M), Uzbekistan ($280k), and Slovenia ($59.8k).

In 2021, countries that imported more from Benin than British Indian Ocean Territory were India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

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

Comparative Advantage British Indian Ocean Territory - Benin

Flow
Scale

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

During 2021, British Indian Ocean Territory had a large net trade with Benin in the exports of .

During 2017, Benin had a large net trade with British Indian Ocean Territory in the exports of .

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

Product Space of British Indian Ocean Territory (Flag) and Benin (Flag) (2021)

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