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2022
Flag → Flag
Exports $335Rnk 40 / 60
2022
Flag → Flag
Top Product $310Rubber Footwear
2022
Flag → Flag
Exports $146kRnk 205 / 219
2022
Flag → Flag
Top Product $103kRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

British Indian Ocean Territory-Turkey Trade: In 2022, British Indian Ocean Territory exported $335 to Turkey. The main products that British Indian Ocean Territory exported to Turkey were Rubber Footwear ($310), Iron Fasteners ($17), and Electrical Parts ($8). Over the past 6 years the exports of British Indian Ocean Territory to Turkey have decreased at an annualized rate of 58.1%, from $62.3k in 2016 to $335 in 2022.

In 2022, British Indian Ocean Territory did not export any services to Turkey.

Turkey-British Indian Ocean Territory Trade: In 2022, Turkey exported $146k to British Indian Ocean Territory. The main products that Turkey exported to British Indian Ocean Territory were Refined Petroleum ($103k), Other Furniture ($23k), and Seats ($12.7k). Over the past 6 years the exports of Turkey to British Indian Ocean Territory have increased at an annualized rate of 85.4%,  from $6.67k in 2016 to $146k in 2022.

In 2022, Turkey did not export any services to British Indian Ocean Territory.

Comparison In 2022,  British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index. That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Indian Ocean Territory exported $335 to Turkey. The main products exported from British Indian Ocean Territory to Turkey were Rubber Footwear ($310), Iron Fasteners ($17), and Electrical Parts ($8). During the last 6 years the exports of British Indian Ocean Territory to Turkey have decreased at an annualized rate of 58.1%, from $62.3k in 2016 to $335 in 2022.

In 2017, Turkey exported $146k to British Indian Ocean Territory. The main products exported from Turkey to British Indian Ocean Territory were Refined Petroleum ($103k), Other Furniture ($23k), and Seats ($12.7k). During the last 5 years the exports of Turkey to British Indian Ocean Territory have increased at an annualized rate of 85.4%, from $6.67k in 2022 to $146k in 2017.

Exports from British Indian Ocean Territory (Flag) to Turkey (Flag) (2022)

Exports from Turkey (Flag) to British Indian Ocean Territory (Flag) (2022)

Latest Data

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

Turkey Exports

Market Competitiveness

Color
British Indian Ocean Territory
Top DestinationSingapore$4.42M
Turkey
Top DestinationGermany$21.9B

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

In 2022, no countries were registered that imported more from British Indian Ocean Territory than from Turkey.

In 2022, countries that imported more from Turkey than British Indian Ocean Territory included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

Difference in imports from Turkey (Flag) and British Indian Ocean Territory (Flag) (2022)

Comparative Advantage British Indian Ocean Territory - Turkey

Flow
Scale

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

During 2022, British Indian Ocean Territory had a large net trade with Turkey in the exports of Footwear and Headwear ($310), Metals ($17), and Machines ($8).

During 2017, Turkey had a large net trade with British Indian Ocean Territory in the exports of Mineral Products ($103k), Miscellaneous ($39.2k), and Metals ($1.77k).

Economic Complexity

Competitive Landscape

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

Product Space of British Indian Ocean Territory (Flag) and Turkey (Flag) (2022)

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