2023
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 GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
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GDP GROWTH
32.1%CURRENT US$
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2023
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GDP PC
$48,281CURRENT US$
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2013-2023
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GDP PC GROWTH
12.3%CURRENT US$
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About

British Indian Ocean Territory-New Zealand Trade: In 2023, British Indian Ocean Territory exported $2.98k to New Zealand. The main products that British Indian Ocean Territory exported to New Zealand were Electrical Resistors ($1.57k), Iron Fasteners ($749), and Confectionery Sugar ($642). Over the past 5 years the exports of British Indian Ocean Territory to New Zealand have increased at an annualized rate of 39.9%, from $556 in 2018 to $2.98k in 2023.

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

New Zealand-British Indian Ocean Territory In N/A, New Zealand did not export any products to British Indian Ocean Territory.

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Indian Ocean Territory exported $2.98k to New Zealand. The main products exported from British Indian Ocean Territory to New Zealand were Electrical Resistors ($1.57k), Iron Fasteners ($749), and Confectionery Sugar ($642). During the last 5 years the exports of British Indian Ocean Territory to New Zealand have increased at an annualized rate of 39.9%, from $556 in 2018 to $2.98k in 2023.

New Zealand does not register exports to British Indian Ocean Territory.

Exports from British Indian Ocean Territory (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to British Indian Ocean Territory (Flag) (2023)

Latest Data

Trade between British Indian Ocean Territory (Flag) and New Zealand (Flag)

New Zealand Exports

Date

Market Competitiveness

Color
New Zealand
Top Destination
China$12.3B

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

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

In 2023, countries that imported more from New Zealand than British Indian Ocean Territory included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

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

Comparative Advantage British Indian Ocean Territory - New Zealand

Flow
Scale

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

During 2023, British Indian Ocean Territory had a large net trade with New Zealand in the exports of Machines ($1.58k), Metals ($749), and Foodstuffs ($642).

Economic Complexity

Competitive Landscape

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

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

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