2022
Flag
 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

British Indian Ocean Territory-Colombia Trade: In 2022, British Indian Ocean Territory exported $27.1k to Colombia. The main products that British Indian Ocean Territory exported to Colombia were Excavation Machinery ($27.1k). Over the past 13 years the exports of British Indian Ocean Territory to Colombia have increased at an annualized rate of 9.76%, from $8.07k in 2009 to $27.1k in 2022.

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

Colombia-British Indian Ocean Territory In N/A, Colombia did not export any products to British Indian Ocean Territory.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Indian Ocean Territory exported $27.1k to Colombia. The main products exported from British Indian Ocean Territory to Colombia were Excavation Machinery ($27.1k). During the last 13 years the exports of British Indian Ocean Territory to Colombia have increased at an annualized rate of 9.76%, from $8.07k in 2009 to $27.1k in 2022.

Colombia does not register exports to British Indian Ocean Territory. The main products exported from Colombia to British Indian Ocean Territory were Jewellery ($11.7k).

Exports from British Indian Ocean Territory (Flag) to Colombia (Flag) (2022)

Exports from Colombia (Flag) to British Indian Ocean Territory (Flag) (2022)

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B

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

In 2022, countries that imported more from British Indian Ocean Territory than Colombia included Uzbekistan ($280k).

In 2022, countries that imported more from Colombia than British Indian Ocean Territory included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage British Indian Ocean Territory - Colombia

Flow
Scale

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

During 2022, British Indian Ocean Territory had a large net trade with Colombia in the exports of Machines ($27.1k).

Economic Complexity

Competitive Landscape

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

Product Space of British Indian Ocean Territory (Flag) and Colombia (Flag) (2022)

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