2022
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 GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
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GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
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GDP PC
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
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GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186

About

British Indian Ocean Territory-Thailand In 2022, British Indian Ocean Territory exported $23 to Thailand. The main products that British Indian Ocean Territory exported to Thailand are Low-voltage Protection Equipment ($17) and Iron Fasteners ($6). During the last 24 years the exports of British Indian Ocean Territory to Thailand have decreased at an annualized rate of 16%, from $1.51k in 1998 to $23 in 2022.

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

Thailand-British Indian Ocean Territory In 2022, Thailand exported $6.55k to British Indian Ocean Territory. The main products that Thailand exported to British Indian Ocean Territory were N/A. During the last 24 years the exports of Thailand to British Indian Ocean Territory have decreased at an annualized rate of 19.3%, from $1.12M in 1998 to $6.55k in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Indian Ocean Territory exported $23 to Thailand. The main products exported from British Indian Ocean Territory to Thailand were Low-voltage Protection Equipment ($17) and Iron Fasteners ($6). During the last 24 years the exports of British Indian Ocean Territory to Thailand have decreased at an annualized rate of 16%, from $1.51k in 1998 to $23 in 2022.

In 2019, Thailand exported $6.55k to British Indian Ocean Territory. There were not main exports from Thailand to British Indian Ocean Territory in 2019. During the last 21 years the exports of Thailand to British Indian Ocean Territory have decreased at an annualized rate of 19.3%, from $1.12M in 1998 to $6.55k in 2019.

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

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

Latest Data

Trade between British Indian Ocean Territory (Flag) and Thailand (Flag)

Thailand Exports

Market Competitiveness

Color
British Indian Ocean Territory
Top Destination
N/AN/A
Thailand
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage British Indian Ocean Territory - Thailand

Flow
Scale

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

During 2022, British Indian Ocean Territory had a large net trade with Thailand in the exports of Machines ($17) and Metals ($6).

During 2019, Thailand had a large net trade with British Indian Ocean Territory in the exports of .

Economic Complexity

Competitive Landscape

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 Thailand. Similarly, the more yellow a dot/product is, the more Thailand has comparative advantage over British Indian Ocean Territory.

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

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