British Indian Ocean Territory (IOT) and Somalia (SOM) Trade | The Observatory of Economic Complexity

undefined

→

Exports $158kRnk 8 / 0

2023

GDP$11BCURRENT US$
Rnk 148 / 195

2013-2023

GDP GROWTH117%CURRENT US$
Rnk 8 / 195

2023

GDP PC$597CURRENT US$
Rnk 191 / 196

2013-2023

GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195

About

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

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

In N/A, Somalia 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, Somalia ranked 161 in total exports ($1.03B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Indian Ocean Territory
Top DestinationSingapore$20.2M

Somalia
Top DestinationUnited Arab Emirates$360M

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

In 2023, countries that imported more from British Indian Ocean Territory than Somalia included Singapore ($20.2M), South Africa ($137k), and Nigeria ($66.6k).

In 2023, countries that imported more from Somalia than British Indian Ocean Territory included United Arab Emirates ($360M), Saudi Arabia ($283M), and Oman ($180M).

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

Economic Complexity

Competitive Landscape

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