British Indian Ocean Territory (IOT) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

About

British Indian Ocean Territory-Kuwait In 2022, British Indian Ocean Territory exported $7.39k to Kuwait. The main products that British Indian Ocean Territory exported to Kuwait are Medical Instruments ($7.39k). During the last 2 years the exports of British Indian Ocean Territory to Kuwait have increased at an annualized rate of 37.2%, from $3.93k in 2020 to $7.39k in 2022.

In 2022, British Indian Ocean Territory did not export any services to Kuwait.

Kuwait-British Indian Ocean Territory In false, Kuwait did not export any products to British Indian Ocean Territory.

In 2022, Kuwait did not export any services to British Indian Ocean Territory.

Comparison In 2022, British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index. That same year, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

2022

2020

In 2022, British Indian Ocean Territory exported $7.39k to Kuwait. The main products exported from British Indian Ocean Territory to Kuwait were Medical Instruments ($7.39k). During the last 2 years the exports of British Indian Ocean Territory to Kuwait have increased at an annualized rate of 37.2%, from $3.93k in 2020 to $7.39k in 2022.

Kuwait does not register exports to British Indian Ocean Territory.

Exports from British Indian Ocean Territory () to Kuwait () (2022)

Exports from Kuwait () to British Indian Ocean Territory () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Indian Ocean Territory
Top DestinationSingapore$4.42M

Kuwait
Top DestinationChina$24.3B

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

In 2021, countries that imported more from British Indian Ocean Territory than Kuwait were Uzbekistan ($280k) and Bolivia ($1.07k).

In 2021, countries that imported more from Kuwait than British Indian Ocean Territory were China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage British Indian Ocean Territory - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

2022

2020

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

During 2022, British Indian Ocean Territory had a large net trade with Kuwait in the exports of Instruments ($7.39k).

Economic Complexity

Competitive Landscape

Year

2022

2020

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more British Indian Ocean Territory has comparative advantage over Kuwait. Similarly, the more yellow a dot/product is, the more Kuwait has comparative advantage over British Indian Ocean Territory.

About

Historical Data

Bilateral Trade by Products

Exports from British Indian Ocean Territory () to Kuwait () (2022)

Exports from Kuwait () to British Indian Ocean Territory () (2022)

Market Competitiveness

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

Comparative Advantage British Indian Ocean Territory - Kuwait

Economic Complexity

Competitive Landscape

Product Space of British Indian Ocean Territory () and Kuwait () (2022)

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