2022
Flag
 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

British Indian Ocean Territory-Denmark Trade: In 2022, British Indian Ocean Territory exported $43.4k to Denmark. The main products that British Indian Ocean Territory exported to Denmark were Shaped Paper ($39.5k), Iron Fasteners ($1.94k), and Low-voltage Protection Equipment ($918). Over the past 10 years the exports of British Indian Ocean Territory to Denmark have increased at an annualized rate of 19%, from $7.62k in 2012 to $43.4k in 2022.

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

Denmark-British Indian Ocean Territory Trade: In 2022, Denmark exported $270k to British Indian Ocean Territory. The main products that Denmark exported to British Indian Ocean Territory were Chemical Analysis Instruments ($184k), Centrifuges ($75k), and Liquid Dispersing Machines ($11.2k). Over the past 10 years the exports of Denmark to British Indian Ocean Territory have increased at an annualized rate of 53.6%,  from $31.6k in 2012 to $270k in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Indian Ocean Territory exported $43.4k to Denmark. The main products exported from British Indian Ocean Territory to Denmark were Shaped Paper ($39.5k), Iron Fasteners ($1.94k), and Low-voltage Protection Equipment ($918). During the last 10 years the exports of British Indian Ocean Territory to Denmark have increased at an annualized rate of 19%, from $7.62k in 2012 to $43.4k in 2022.

In 2017, Denmark exported $270k to British Indian Ocean Territory. The main products exported from Denmark to British Indian Ocean Territory were Chemical Analysis Instruments ($184k), Centrifuges ($75k), and Liquid Dispersing Machines ($11.2k). During the last 5 years the exports of Denmark to British Indian Ocean Territory have increased at an annualized rate of 53.6%, from $31.6k in 2022 to $270k in 2017.

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

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

Latest Data

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

Denmark Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B

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

In 2022, no countries were registered that imported more from British Indian Ocean Territory than from Denmark.

In 2022, countries that imported more from Denmark than British Indian Ocean Territory included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Comparative Advantage British Indian Ocean Territory - Denmark

Flow
Scale

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

During 2022, British Indian Ocean Territory had a large net trade with Denmark in the exports of Paper Goods ($39.5k), Metals ($1.94k), and Machines ($1.82k).

During 2017, Denmark had a large net trade with British Indian Ocean Territory in the exports of Instruments ($184k) and Machines ($86.2k).

Economic Complexity

Competitive Landscape

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

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

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