British Indian Ocean Territory (IOT) and Venezuela (VEN) Trade

undefined

→

Exports $38.8MRnk 3 / 0

2022

Economic Complexity (ECI) ECI -0.9Rnk 99 / 124

About

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

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

In N/A, Venezuela 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, Venezuela ranked 99 in the Economic Complexity Index (ECI -0.9), and 132 in total exports ($4.3B).

Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Indian Ocean Territory
Top DestinationSingapore$4.42M

Venezuela
Top DestinationChina$703M

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

In 2021, countries that imported more from British Indian Ocean Territory than Venezuela were Singapore ($4.42M), Uzbekistan ($280k), and Pakistan ($7.83k).

In 2021, countries that imported more from Venezuela than British Indian Ocean Territory were China ($703M), Turkey ($597M), and Spain ($518M).

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more British Indian Ocean Territory has comparative advantage over Venezuela. Similarly, the more yellow a dot/product is, the more Venezuela has comparative advantage over British Indian Ocean Territory.