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2023
Flag → Flag
Exports $3.83kRnk 29 / 53
2023
Flag → Flag
Top Product $2.08kCollector's Items
2023
Flag → Flag
Exports $80.2kRnk 211 / 223
2023
Flag → Flag
Top Product $23.1kElectric Heaters
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

British Indian Ocean Territory-United Kingdom Trade: In 2023, British Indian Ocean Territory exported $3.83k to United Kingdom. The main products that British Indian Ocean Territory exported to United Kingdom were Collector's Items ($2.08k) and Textile Footwear ($1.75k). Over the past 5 years the exports of British Indian Ocean Territory to United Kingdom have decreased at an annualized rate of 2.74%, from $4.4k in 2018 to $3.83k in 2023.

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

United Kingdom-British Indian Ocean Territory Trade: In 2023, United Kingdom exported $80.2k to British Indian Ocean Territory. The main products that United Kingdom exported to British Indian Ocean Territory were Electric Heaters ($23.1k), Other Edible Preparations ($18.3k), and Computers ($5.78k). Over the past 5 years the exports of United Kingdom to British Indian Ocean Territory have increased at an annualized rate of 44.2%,  from $12.9k in 2018 to $80.2k in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Indian Ocean Territory exported $3.83k to United Kingdom. The main products exported from British Indian Ocean Territory to United Kingdom were Collector's Items ($2.08k) and Textile Footwear ($1.75k). During the last 5 years the exports of British Indian Ocean Territory to United Kingdom have decreased at an annualized rate of 2.74%, from $4.4k in 2018 to $3.83k in 2023.

In 2018, United Kingdom exported $80.2k to British Indian Ocean Territory. The main products exported from United Kingdom to British Indian Ocean Territory were Electric Heaters ($23.1k), Other Edible Preparations ($18.3k), and Computers ($5.78k). During the last 5 years the exports of United Kingdom to British Indian Ocean Territory have increased at an annualized rate of 44.2%, from $12.9k in 2023 to $80.2k in 2018.

Exports from British Indian Ocean Territory (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to British Indian Ocean Territory (Flag) (2023)

Latest Data

Trade between British Indian Ocean Territory (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
British Indian Ocean Territory
Top DestinationSingapore$20.2M
United Kingdom
Top DestinationUnited States$59.7B

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

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

In 2023, countries that imported more from United Kingdom than British Indian Ocean Territory included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

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

Comparative Advantage British Indian Ocean Territory - United Kingdom

Flow
Scale

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

During 2023, British Indian Ocean Territory had a large net trade with United Kingdom in the exports of Arts and Antiques ($2.08k) and Footwear and Headwear ($1.75k).

During 2018, United Kingdom had a large net trade with British Indian Ocean Territory in the exports of Machines ($44.2k), Foodstuffs ($26.6k), and Miscellaneous ($3.66k).

Economic Complexity

Competitive Landscape

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

Product Space of British Indian Ocean Territory (Flag) and United Kingdom (Flag) (2023)

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