British Indian Ocean Territory (IOT) and Brunei (BRN) Trade | The Observatory of Economic Complexity

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British Indian Ocean Territory-Brunei Trade: In 2022, British Indian Ocean Territory exported $759 to Brunei. The main products that British Indian Ocean Territory exported to Brunei were Leather Footwear ($714) and Motor vehicles; parts and accessories (8701 to 8705) ($45). Over the past 5 years the exports of British Indian Ocean Territory to Brunei have decreased at an annualized rate of 54.9%, from $40.7k in 2017 to $759 in 2022.

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

Comparison In 2022, British Indian Ocean Territory ranked 221 in total exports ($5.8M). That same year, Brunei ranked 90 in total exports ($14B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, British Indian Ocean Territory exported $759 to Brunei. The main products exported from British Indian Ocean Territory to Brunei were Leather Footwear ($714) and Motor vehicles; parts and accessories (8701 to 8705) ($45). During the last 5 years the exports of British Indian Ocean Territory to Brunei have decreased at an annualized rate of 54.9%, from $40.7k in 2017 to $759 in 2022.

Brunei does not register exports to British Indian Ocean Territory.

Exports from British Indian Ocean Territory () to Brunei () (2022)

Exports from Brunei () to British Indian Ocean Territory () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Indian Ocean Territory
Top DestinationSingapore$4.42M

Brunei
Top DestinationAustralia$2.66B

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 2022, countries that imported more from British Indian Ocean Territory than Brunei included Uzbekistan ($280k), Slovenia ($59.8k), and Ireland ($38.9k).

In 2022, countries that imported more from Brunei than British Indian Ocean Territory included Australia ($2.66B), Japan ($2.32B), and China ($2.19B).

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

Comparative Advantage British Indian Ocean Territory - Brunei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2022, British Indian Ocean Territory had a large net trade with Brunei in the exports of Footwear and Headwear ($714) and Transportation ($45).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from British Indian Ocean Territory () to Brunei () (2022)

Exports from Brunei () to British Indian Ocean Territory () (2022)

Market Competitiveness

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

Comparative Advantage British Indian Ocean Territory - Brunei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of British Indian Ocean Territory () and Brunei () (2022)

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