2023
Flag
 GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC
$32,963CURRENT US$
Rnk 42 / 196
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195

About

British Indian Ocean Territory-Brunei Trade: In 2023, British Indian Ocean Territory exported $1.28k to Brunei. The main products that British Indian Ocean Territory exported to Brunei were Tufted Carpets ($1.14k), Insulated Wire ($137), and Brochures ($4). Over the past 5 years the exports of British Indian Ocean Territory to Brunei have decreased at an annualized rate of 23.4%, from $4.86k in 2018 to $1.28k in 2023.

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

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

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

Comparison In 2023,  British Indian Ocean Territory ranked 209 in total exports ($23.5M). That same year, Brunei ranked 101 in total exports ($10.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Indian Ocean Territory exported $1.28k to Brunei. The main products exported from British Indian Ocean Territory to Brunei were Tufted Carpets ($1.14k), Insulated Wire ($137), and Brochures ($4). During the last 5 years the exports of British Indian Ocean Territory to Brunei have decreased at an annualized rate of 23.4%, from $4.86k in 2018 to $1.28k in 2023.

Brunei does not register exports to British Indian Ocean Territory.

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

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

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B

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

In 2023, countries that imported more from British Indian Ocean Territory than Brunei included Pakistan ($1.88M), Dominican Republic ($58.7k), and Slovenia ($50.2k).

In 2023, countries that imported more from Brunei than British Indian Ocean Territory included Australia ($2.25B), Japan ($1.86B), and China ($1.84B).

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

Comparative Advantage British Indian Ocean Territory - Brunei

Flow
Scale

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

During 2023, British Indian Ocean Territory had a large net trade with Brunei in the exports of Textiles ($1.14k), Machines ($141), and Paper Goods ($4).

Economic Complexity

Competitive Landscape

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

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

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