2023
Flag
 GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC
$10,295CURRENT US$
Rnk 89 / 196
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195

About

British Indian Ocean Territory-Brazil Trade: In 2023, British Indian Ocean Territory exported $6.01k to Brazil. The main products that British Indian Ocean Territory exported to Brazil were Electrical Lighting and Signalling Equipment ($2.09k), Iron Pipe Fittings ($1.95k), and Low-voltage Protection Equipment ($1.59k). Over the past 9 years the exports of British Indian Ocean Territory to Brazil have decreased at an annualized rate of 16.2%, from $29.3k in 2014 to $6.01k in 2023.

In 2023, British Indian Ocean Territory did not export any services to Brazil.

Brazil-British Indian Ocean Territory Trade: In 2023, Brazil exported $119k to British Indian Ocean Territory. The main products that Brazil exported to British Indian Ocean Territory were Carboxylic Acids ($119k) and Boat Propellers ($38). Over the past 9 years the exports of Brazil to British Indian Ocean Territory have increased at an annualized rate of 43.6%,  from $19.5k in 2014 to $119k in 2023.

In 2023, Brazil did not export any services to British Indian Ocean Territory.

Comparison In 2023,  British Indian Ocean Territory ranked 209 in total exports ($23.5M), and does not have data regarding Economic Complexity Index. That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Indian Ocean Territory exported $6.01k to Brazil. The main products exported from British Indian Ocean Territory to Brazil were Electrical Lighting and Signalling Equipment ($2.09k), Iron Pipe Fittings ($1.95k), and Low-voltage Protection Equipment ($1.59k). During the last 9 years the exports of British Indian Ocean Territory to Brazil have decreased at an annualized rate of 16.2%, from $29.3k in 2014 to $6.01k in 2023.

In 2018, Brazil exported $119k to British Indian Ocean Territory. The main products exported from Brazil to British Indian Ocean Territory were Carboxylic Acids ($119k) and Boat Propellers ($38). During the last 5 years the exports of Brazil to British Indian Ocean Territory have increased at an annualized rate of 43.6%, from $19.5k in 2023 to $119k in 2018.

Exports from British Indian Ocean Territory (Flag) to Brazil (Flag) (2023)

Exports from Brazil (Flag) to British Indian Ocean Territory (Flag) (2023)

Latest Data

Trade between British Indian Ocean Territory (Flag) and Brazil (Flag)

Brazil Exports

Market Competitiveness

Color
Brazil
Top Destination
China$106B

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

In 2023, no countries were registered that imported more from British Indian Ocean Territory than from Brazil.

In 2023, countries that imported more from Brazil than British Indian Ocean Territory included China ($106B), United States ($37B), and Argentina ($17.2B).

Difference in imports from Brazil (Flag) and British Indian Ocean Territory (Flag) (2023)

Comparative Advantage British Indian Ocean Territory - Brazil

Flow
Scale

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

During 2023, British Indian Ocean Territory had a large net trade with Brazil in the exports of Machines ($3.75k), Metals ($1.95k), and Plastics and Rubbers ($316).

During 2018, Brazil had a large net trade with British Indian Ocean Territory in the exports of Chemical Products ($119k) and Machines ($38).

Economic Complexity

Competitive Landscape

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

Product Space of British Indian Ocean Territory (Flag) and Brazil (Flag) (2023)

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