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Exports In 2023, British Indian Ocean Territory exported $4.71k in Refined Petroleum, making it the 200th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 54th most exported product in British Indian Ocean Territory. The main destination of Refined Petroleum exports from British Indian Ocean Territory are: Singapore ($4.53k) and Pakistan ($186).

The fastest growing export markets for Refined Petroleum of British Indian Ocean Territory between 2022 and 2023 were Singapore ($4.53k) and Pakistan ($186).

Imports In 2023, British Indian Ocean Territory imported $38.5M in Refined Petroleum, becoming the 198th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in British Indian Ocean Territory. British Indian Ocean Territory imports Refined Petroleum primarily from: Greece ($38.5M), United States ($3.09k), and Singapore ($375).

The fastest growing import markets in Refined Petroleum for British Indian Ocean Territory between 2022 and 2023 were Greece ($38.5M) and Singapore ($375).

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 Refined Petroleum. 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)$4.71k
IMPORTS (2023)$38.5M
NET TRADE (2023)-$38.5M

In 2023, British Indian Ocean Territory exported $4.71k in Refined Petroleum. The main destinations of British Indian Ocean Territory exports on Refined Petroleum were Singapore ($4.53k) and Pakistan ($186).

In 2023, British Indian Ocean Territory imported $38.5M in Refined Petroleum, mainly from Greece ($38.5M), United States ($3.09k), and Singapore ($375).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR British Indian Ocean Territory WERE (2022 - 2023):
Singapore$4.53k (1%)
Pakistan$186 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY British Indian Ocean Territory WERE (2022 - 2023):Saudi Arabia-$2.32k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, British Indian Ocean Territory's main exporting competitors in Refined Petroleum were:
In 2023, British Indian Ocean Territory's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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Refined Petroleum’s highest export potential is N/A. With an export gap of N/A.   Refined Petroleum’s highest import potential is N/A with an import gap of N/A.

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