2023
Flag
 GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
GDP PC
$6,023CURRENT US$
Rnk 113 / 196
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195

About

British Indian Ocean Territory-South Africa Trade: In 2023, British Indian Ocean Territory exported $137k to South Africa. The main products that British Indian Ocean Territory exported to South Africa were Rice ($136k), Iron Fasteners ($1.16k), and Other Rubber Products ($17). Over the past 5 years the exports of British Indian Ocean Territory to South Africa have increased at an annualized rate of 8.44%, from $91.3k in 2018 to $137k in 2023.

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

South Africa-British Indian Ocean Territory Trade: In 2023, South Africa exported $26k to British Indian Ocean Territory. The main products that South Africa exported to British Indian Ocean Territory were Medical Instruments ($26k). Over the past 5 years the exports of South Africa to British Indian Ocean Territory have increased at an annualized rate of 57.1%,  from $2.72k in 2018 to $26k in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Indian Ocean Territory exported $137k to South Africa. The main products exported from British Indian Ocean Territory to South Africa were Rice ($136k), Iron Fasteners ($1.16k), and Other Rubber Products ($17). During the last 5 years the exports of British Indian Ocean Territory to South Africa have increased at an annualized rate of 8.44%, from $91.3k in 2018 to $137k in 2023.

In 2018, South Africa exported $26k to British Indian Ocean Territory. The main products exported from South Africa to British Indian Ocean Territory were Medical Instruments ($26k). During the last 5 years the exports of South Africa to British Indian Ocean Territory have increased at an annualized rate of 57.1%, from $2.72k in 2023 to $26k in 2018.

Exports from British Indian Ocean Territory (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to British Indian Ocean Territory (Flag) (2023)

Latest Data

Trade between British Indian Ocean Territory (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
South Africa
Top Destination
China$29.5B

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

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

In 2023, countries that imported more from South Africa than British Indian Ocean Territory included China ($29.5B), United States ($13B), and Germany ($10.8B).

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

Comparative Advantage British Indian Ocean Territory - South Africa

Flow
Scale

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

During 2023, British Indian Ocean Territory had a large net trade with South Africa in the exports of Vegetable Products ($136k), Metals ($1.16k), and Plastics and Rubbers ($17).

During 2018, South Africa had a large net trade with British Indian Ocean Territory in the exports of Instruments ($26k).

Economic Complexity

Competitive Landscape

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

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

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