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2023
Flag → Flag
Exports $37.8kRnk 14 / 53
2023
Flag → Flag
Top Product $13kProcessed Fish
2023
Flag → Flag
Exports $21.1MRnk 46 / 0
2023
Flag
 GDP$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH31.5%CURRENT US$
Rnk 111 / 195
2023
Flag
GDP PC$128,678CURRENT US$
Rnk 2 / 196
2013-2023
Flag
GDP PC GROWTH7.23%CURRENT US$
Rnk 143 / 195

About

British Indian Ocean Territory-Luxembourg Trade: In 2023, British Indian Ocean Territory exported $37.8k to Luxembourg. The main products that British Indian Ocean Territory exported to Luxembourg were Processed Fish ($13k), Felt or Coated Fabric Garments ($11.7k), and Other Headwear ($4.31k). Over the past 7 years the exports of British Indian Ocean Territory to Luxembourg have increased at an annualized rate of 48.7%, from $2.35k in 2016 to $37.8k in 2023.

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

Luxembourg-British Indian Ocean Territory In false, Luxembourg did not export any products to British Indian Ocean Territory.

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

Comparison In 2023,  British Indian Ocean Territory ranked 209 in total exports ($23.5M). That same year, Luxembourg ranked 82 in total exports ($18.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Indian Ocean Territory exported $37.8k to Luxembourg. The main products exported from British Indian Ocean Territory to Luxembourg were Processed Fish ($13k), Felt or Coated Fabric Garments ($11.7k), and Other Headwear ($4.31k). During the last 7 years the exports of British Indian Ocean Territory to Luxembourg have increased at an annualized rate of 48.7%, from $2.35k in 2016 to $37.8k in 2023.

Luxembourg does not register exports to British Indian Ocean Territory.

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

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

Market Competitiveness

Color
British Indian Ocean Territory
Top DestinationSingapore$20.2M
Luxembourg
Top DestinationGermany$3.42B

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

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

In 2023, countries that imported more from Luxembourg than British Indian Ocean Territory included Germany ($3.42B), France ($2.8B), and Belgium ($1.59B).

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

Comparative Advantage British Indian Ocean Territory - Luxembourg

Flow
Scale

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

During 2023, British Indian Ocean Territory had a large net trade with Luxembourg in the exports of Textiles ($15.4k), Foodstuffs ($13.2k), and Footwear and Headwear ($7.94k).

Economic Complexity

Competitive Landscape

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

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

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