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2023
Flag → Flag
Exports $585Rnk 42 / 53
2023
Flag → Flag
Top Product $541Iron Fasteners
2023
Flag → Flag
Exports $18kRnk 213 / 217
2023
Flag → Flag
Top Product $8.15kRefrigerators
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag
 GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC$68,454CURRENT US$
Rnk 14 / 196
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195

About

British Indian Ocean Territory-Denmark Trade: In 2023, British Indian Ocean Territory exported $585 to Denmark. The main products that British Indian Ocean Territory exported to Denmark were Iron Fasteners ($541) and Light Fixtures ($44). Over the past 10 years the exports of British Indian Ocean Territory to Denmark have decreased at an annualized rate of 50.1%, from $614k in 2013 to $585 in 2023.

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

Denmark-British Indian Ocean Territory Trade: In 2023, Denmark exported $18k to British Indian Ocean Territory. The main products that Denmark exported to British Indian Ocean Territory were Refrigerators ($8.15k), Aluminium Bars ($6.6k), and Sports Equipment ($2.26k). Over the past 10 years the exports of Denmark to British Indian Ocean Territory have decreased at an annualized rate of 17.5%,  from $47.2k in 2013 to $18k in 2023.

In 2023, Denmark 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, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Indian Ocean Territory exported $585 to Denmark. The main products exported from British Indian Ocean Territory to Denmark were Iron Fasteners ($541) and Light Fixtures ($44). During the last 10 years the exports of British Indian Ocean Territory to Denmark have decreased at an annualized rate of 50.1%, from $614k in 2013 to $585 in 2023.

In 2018, Denmark exported $18k to British Indian Ocean Territory. The main products exported from Denmark to British Indian Ocean Territory were Refrigerators ($8.15k), Aluminium Bars ($6.6k), and Sports Equipment ($2.26k). During the last 5 years the exports of Denmark to British Indian Ocean Territory have decreased at an annualized rate of 17.5%, from $47.2k in 2023 to $18k in 2018.

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

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

Latest Data

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

Denmark Exports

Market Competitiveness

Color
British Indian Ocean Territory
Top DestinationSingapore$20.2M
Denmark
Top DestinationGermany$14.8B

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

In 2023, countries that imported more from Denmark than British Indian Ocean Territory included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

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

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 2023, British Indian Ocean Territory had a large net trade with Denmark in the exports of Metals ($541) and Miscellaneous ($44).

During 2018, Denmark had a large net trade with British Indian Ocean Territory in the exports of Machines ($8.15k), Metals ($7.62k), and Miscellaneous ($2.26k).

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) (2023)

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