2023
Flag  
GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC 
$55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195

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 $2.92k to Sweden. The main products that British Indian Ocean Territory exported to Sweden were Iron Fasteners ($2.45k), Non-Knit Men's Shirts ($283), and Shaving Products ($94). Over the past 15 years the exports of British Indian Ocean Territory to Sweden have decreased at an annualized rate of 27.1%,  from $14.2k in 2006 to $2.92k in 2021.

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

Comparison In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53),  and 32 in total exports ($188B). That same year, British Indian Ocean Territory ranked 209 in total exports ($23.5M), 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 2018, British Indian Ocean Territory exported $2.92k to Sweden. The main products exported from British Indian Ocean Territory to Sweden were Iron Fasteners ($2.45k), Non-Knit Men's Shirts ($283), and Shaving Products ($94). During the last 5 years the exports of British Indian Ocean Territory to Sweden have decreased at an annualized rate of 27.1%, from $14.2k in 2023 to $2.92k in 2018.

Exports from Sweden (Flag) to British Indian Ocean Territory (Flag) (2023)

Exports from British Indian Ocean Territory (Flag) to Sweden (Flag) (2023)

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B

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 2023, countries that imported more from Sweden than British Indian Ocean Territory included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

In 2023, 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) (2023)

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 2018, British Indian Ocean Territory had a large net trade with Sweden in the exports of Metals ($2.45k), Textiles ($283), and Chemical Products ($94).

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) (2023)

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