2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Sweden-British Indian Ocean Territory Trade: In 2021, Sweden exported $233 to British Indian Ocean Territory. The main products that Sweden exported to British Indian Ocean Territory were N/A. Over the past 15 years the exports of Sweden to British Indian Ocean Territory have decreased at an annualized rate of 33.4%, from $104k in 2006 to $233 in 2021.

In 2021, Sweden did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Sweden Trade: In 2021, British Indian Ocean Territory exported $44.1k to Sweden. The main products that British Indian Ocean Territory exported to Sweden were Tufted Carpets ($43.4k), Liquid Pumps ($198), and Knit Babies' Garments ($99). Over the past 15 years the exports of British Indian Ocean Territory to Sweden have decreased at an annualized rate of 29%,  from $244k in 2006 to $44.1k in 2021.

In 2021, British Indian Ocean Territory did not export any services to Sweden.

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49),  and 33 in total exports ($194B). 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 2021, Sweden exported $233 to British Indian Ocean Territory. There were not main exports from Sweden to British Indian Ocean Territory in 2021. During the last 15 years the exports of Sweden to British Indian Ocean Territory have decreased at an annualized rate of 33.4%, from $104k in 2006 to $233 in 2021.

In 2017, British Indian Ocean Territory exported $44.1k to Sweden. The main products exported from British Indian Ocean Territory to Sweden were Tufted Carpets ($43.4k), Liquid Pumps ($198), and Knit Babies' Garments ($99). During the last 5 years the exports of British Indian Ocean Territory to Sweden have decreased at an annualized rate of 29%, from $244k in 2022 to $44.1k in 2017.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B

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

In 2022, countries that imported more from Sweden than British Indian Ocean Territory included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

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

Comparative Advantage Sweden - British Indian Ocean Territory

Flow
Scale

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

During 2021, Sweden had a large net trade with British Indian Ocean Territory in the exports of .

During 2017, British Indian Ocean Territory had a large net trade with Sweden in the exports of Textiles ($43.5k), Machines ($198), and Transportation ($99).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Sweden and British Indian Ocean Territory. This means that a dot/product with the flag of Sweden 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 Sweden.

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

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