2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-British Indian Ocean Territory Trade: In 2019, Italy exported $31.2k to British Indian Ocean Territory. The main products that Italy exported to British Indian Ocean Territory were N/A. Over the past 14 years the exports of Italy to British Indian Ocean Territory have decreased at an annualized rate of 7.2%, from $88.8k in 2005 to $31.2k in 2019.

In 2019, Italy did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Italy Trade: In 2019, British Indian Ocean Territory exported $1.49k to Italy. The main products that British Indian Ocean Territory exported to Italy were N/A. Over the past 14 years the exports of British Indian Ocean Territory to Italy have decreased at an annualized rate of 29.4%,  from $8.49k in 2005 to $1.49k in 2019.

In 2019, British Indian Ocean Territory did not export any services to Italy.

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Italy exported $31.2k to British Indian Ocean Territory. There were not main exports from Italy to British Indian Ocean Territory in 2019. During the last 14 years the exports of Italy to British Indian Ocean Territory have decreased at an annualized rate of 7.2%, from $88.8k in 2005 to $31.2k in 2019.

In 2015, British Indian Ocean Territory exported $1.49k to Italy. There were not main exports from British Indian Ocean Territory to Italy in 2015. During the last 5 years the exports of British Indian Ocean Territory to Italy have decreased at an annualized rate of 29.4%, from $8.49k in 2020 to $1.49k in 2015.

Exports from Italy (Flag) to British Indian Ocean Territory (Flag) (2020)

Exports from British Indian Ocean Territory (Flag) to Italy (Flag) (2020)

Market Competitiveness

Color
Italy
Top Destination
N/AN/A
British Indian Ocean Territory
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Italy - British Indian Ocean Territory

Flow
Scale

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

During 2019, Italy had a large net trade with British Indian Ocean Territory in the exports of .

During 2015, British Indian Ocean Territory had a large net trade with Italy in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and British Indian Ocean Territory (Flag) (2020)

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