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

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Exports $1.53MRnk 82 / 0

2023

Economic Complexity (ECI) ECI -0.82Rnk 100 / 132

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 2023, British Indian Ocean Territory ranked 209 in total exports ($23.5M), and does not have data regarding Economic Complexity Index. That same year, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).

Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Indian Ocean Territory
Top DestinationSingapore$20.2M

Venezuela
Top DestinationUnited States$3.81B

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 2023, countries that imported more from British Indian Ocean Territory than Venezuela included Singapore ($20.2M), Pakistan ($1.88M), and South Africa ($137k).

In 2023, countries that imported more from Venezuela than British Indian Ocean Territory included United States ($3.81B), China ($739M), and Spain ($670M).

Difference in imports from Venezuela () 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 Venezuela. This means that a dot/product with the flag of British Indian Ocean Territory indicates it has a comparative advantage over Venezuela. Similarly, a dot/product with the flag of Venezuela indicates it has a comparative advantage over British Indian Ocean Territory.