2023
Exports
$519World Rnk 226 / 226
Flag Rnk 93 / 171
2023
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1.12Rnk 138 / 1025
2023
Imports
$47.4kWorld Rnk 221 / 226
Flag Rnk 59 / 341

About

Exports In 2023, British Indian Ocean Territory exported $519 in Motor vehicles; parts and accessories (8701 to 8705), making it the 226th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 93rd most exported product in British Indian Ocean Territory. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from British Indian Ocean Territory are: Namibia ($336), Canada ($129), Ireland ($28), Poland ($22), and Brunei ($4).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of British Indian Ocean Territory between 2022 and 2023 were Namibia ($336) and Ireland ($28).

Imports In 2023, British Indian Ocean Territory imported $47.4k in Motor vehicles; parts and accessories (8701 to 8705), becoming the 221st largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 59th most imported product in British Indian Ocean Territory. British Indian Ocean Territory imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Singapore ($30.4k) and India ($17k).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for British Indian Ocean Territory between 2022 and 2023 were India ($17k) and Singapore ($7.51k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Motor vehicles; parts and accessories (8701 to 8705). Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$519
IMPORTS (2023)$47.4k
NET TRADE (2023)-$46.8k

In 2023, British Indian Ocean Territory exported $519 in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of British Indian Ocean Territory exports on Motor vehicles; parts and accessories (8701 to 8705) were Namibia ($336), Canada ($129), Ireland ($28), Poland ($22), and Brunei ($4).

In 2023, British Indian Ocean Territory imported $47.4k in Motor vehicles; parts and accessories (8701 to 8705), mainly from Singapore ($30.4k) and India ($17k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR British Indian Ocean Territory WERE (2022 - 2023):
Namibia$336 (1%)
Ireland$28 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY British Indian Ocean Territory WERE (2022 - 2023):
Canada-$184 (-58.8%)
French Polynesia-$114 (-100%)
Poland-$69 (-75.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, British Indian Ocean Territory's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
Germany $69.4B
China $49.1B
Mexico $41.1B
In 2023, British Indian Ocean Territory's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is N/A. With an export gap of N/A.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is N/A with an import gap of N/A.

See methodology.

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