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Pricing

2023
Flag → Flag
Exports $540Rnk 43 / 53
2023
Flag → Flag
Top Product $540Orthopedic Appliances
2023
Flag → Flag
Exports $1.6kRnk 83 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

British Indian Ocean Territory-Philippines Trade: In 2023, British Indian Ocean Territory exported $540 to Philippines. The main products that British Indian Ocean Territory exported to Philippines were Orthopedic Appliances ($540). Over the past 20 years the exports of British Indian Ocean Territory to Philippines have decreased at an annualized rate of 24.4%, from $146k in 2003 to $540 in 2023.

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

Philippines-British Indian Ocean Territory Trade: In 2023, Philippines exported $1.6k to British Indian Ocean Territory. The main products that Philippines exported to British Indian Ocean Territory were N/A. Over the past 20 years the exports of Philippines to British Indian Ocean Territory have increased at an annualized rate of 5.92%,  from $1.2k in 2003 to $1.6k in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Indian Ocean Territory exported $540 to Philippines. The main products exported from British Indian Ocean Territory to Philippines were Orthopedic Appliances ($540). During the last 20 years the exports of British Indian Ocean Territory to Philippines have decreased at an annualized rate of 24.4%, from $146k in 2003 to $540 in 2023.

In 2015, Philippines exported $1.6k to British Indian Ocean Territory. There were not main exports from Philippines to British Indian Ocean Territory in 2015. During the last 5 years the exports of Philippines to British Indian Ocean Territory have increased at an annualized rate of 5.92%, from $1.2k in 2020 to $1.6k in 2015.

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

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

Latest Data

Trade between British Indian Ocean Territory (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
British Indian Ocean Territory
Top DestinationSingapore$20.2M
Philippines
Top DestinationChina$19B

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

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

In 2023, countries that imported more from Philippines than British Indian Ocean Territory included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage British Indian Ocean Territory - Philippines

Flow
Scale

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

During 2023, British Indian Ocean Territory had a large net trade with Philippines in the exports of Instruments ($540).

During 2015, Philippines 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 Philippines. This means that a dot/product with the flag of British Indian Ocean Territory indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over British Indian Ocean Territory.

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

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