2022
Flag
 GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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GDP PC
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186

About

British Indian Ocean Territory-Finland Trade: In 2022, British Indian Ocean Territory exported $238 to Finland. The main products that British Indian Ocean Territory exported to Finland were Iron Fasteners ($238). Over the past 8 years the exports of British Indian Ocean Territory to Finland have decreased at an annualized rate of 53.2%, from $104k in 2014 to $238 in 2022.

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

Finland-British Indian Ocean Territory Trade: In 2022, Finland exported $7.82k to British Indian Ocean Territory. The main products that Finland exported to British Indian Ocean Territory were N/A. Over the past 8 years the exports of Finland to British Indian Ocean Territory have decreased at an annualized rate of 29.2%,  from $44.1k in 2014 to $7.82k in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Indian Ocean Territory exported $238 to Finland. The main products exported from British Indian Ocean Territory to Finland were Iron Fasteners ($238). During the last 8 years the exports of British Indian Ocean Territory to Finland have decreased at an annualized rate of 53.2%, from $104k in 2014 to $238 in 2022.

In 2009, Finland exported $7.82k to British Indian Ocean Territory. There were not main exports from Finland to British Indian Ocean Territory in 2009. During the last 5 years the exports of Finland to British Indian Ocean Territory have decreased at an annualized rate of 29.2%, from $44.1k in 2014 to $7.82k in 2009.

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

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

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B

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

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

In 2022, countries that imported more from Finland than British Indian Ocean Territory included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

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

Comparative Advantage British Indian Ocean Territory - Finland

Flow
Scale

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

During 2022, British Indian Ocean Territory had a large net trade with Finland in the exports of Metals ($238).

During 2009, Finland had a large net trade with British Indian Ocean Territory in the exports of .

Economic Complexity

Competitive Landscape

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

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

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