British Indian Ocean Territory (IOT) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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British Indian Ocean Territory (IOT) and Mongolia (MNG) Trade

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Exports $10.6BRnk 12 / 0

2023

Economic Complexity (ECI) ECI -1.32Rnk 123 / 132

2023

GDP$20.3BCURRENT US$
Rnk 120 / 195

2013-2023

GDP GROWTH61.5%CURRENT US$
Rnk 51 / 195

2023

GDP PC$5,839CURRENT US$
Rnk 116 / 196

2013-2023

GDP PC GROWTH34.5%CURRENT US$
Rnk 70 / 195

Image 1

Image by Serendigity
Link: https://flic.kr/p/imDghY

Image 2

Image by Paulo Philippidis
Link: https://flic.kr/p/8uDRi7

Historical Data
Economic Complexity

About

In N/A, British Indian Ocean Territory did not export any services to Mongolia.

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

In N/A, Mongolia 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, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

British Indian Ocean Territory does not register exports to Mongolia.

Mongolia does not register exports to British Indian Ocean Territory.

Exports from British Indian Ocean Territory () to Mongolia () (2022)

Exports from Mongolia () to British Indian Ocean Territory () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Indian Ocean Territory
Top DestinationSingapore$20.2M

Mongolia
Top DestinationChina$13.1B

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

In 2023, countries that imported more from British Indian Ocean Territory than Mongolia included Singapore ($20.2M), Pakistan ($1.88M), and South Africa ($137k).

In 2023, countries that imported more from Mongolia than British Indian Ocean Territory included China ($13.1B), Switzerland ($842M), and Italy ($87.7M).

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

Comparative Advantage British Indian Ocean Territory - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

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

Economic Complexity

Competitive Landscape

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

Product Space of British Indian Ocean Territory () and Mongolia () (2022)

Keep Exploring

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