Br. Indian Ocean Terr.

Br. Indian Ocean Terr.

Global Trade Profile • Rank #209 Exporter

$23.47M

Total Exports (2023)

$73.57M

Total Imports (2023)

$50.10M

Trade Deficit

#209

Export Ranking

Trade Flow Visualization

Interactive map showing Br. Indian Ocean Terr.'s top trading partners. Green lines represent exports, red lines represent imports.

#209

Export Rank

$23.47M

Total Exports

$73.57M

Total Imports

-$50.10M

Trade Balance

35

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Fish: frozen, toothfish (Dissostichus spp.), exclu...
35.9%$8.43M
#2Heat exchange units: not used for domestic purpose...
21.2%$4.98M
#3Fish: frozen, bigeye tunas (Thunnus obesus), exclu...
14.5%$3.41M
#4Machinery: used in the industrial preparation or m...
7.0%$1.65M
#5Fish: frozen, yellowfin tunas (Thunnus albacares),...
5.3%$1.24M
#6Fish: frozen, swordfish (Xiphias gladius), excludi...
3.1%$725,244
#7Fish: frozen, n.e.c. in item no. 0303.5, excluding...
2.9%$679,694
#8Fish: frozen, tuna, n.e.c. in item no. 0303.4, exc...
1.5%$342,871
#9Fish: edible offal, shark fins
1.4%$318,111
#10Electric motors and generators: parts suitable for...
0.8%$184,969

📥 Top Import Sources

Top Import Products

#1Petroleum oils and oils from bituminous minerals, ...
52.3%$38.48M
#2Animal products: of fish or crustaceans, molluscs ...
10.3%$7.56M
#3Aluminium: structures (excluding prefabricated bui...
9.4%$6.92M
#4Insulated electric conductors: for a voltage not e...
5.8%$4.24M
#5Buildings: prefabricated, not of wood
2.7%$1.98M
#6Cement: portland, other than white, whether or not...
1.8%$1.32M
#7Boring or sinking machinery: parts of the machiner...
1.4%$1.06M
#8Aluminium: unwrought, alloys
1.2%$888,658
#9Iron or steel: structures and parts thereof, props...
1.0%$757,771
#10Vehicles: break-down lorries, road-sweepers, spray...
0.6%$445,109

📈 Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

📈

Trend Direction

Br. Indian Ocean Terr. Trade Analysis 2023

📊 Overview

#209
Global Export Rank
97.03M
Total Trade Volume
0.00%
Share of Global Trade

Br. Indian Ocean Terr. stands as the world's #209 largest exporter and #214 largest importer, demonstrating emerging market dynamics.

The trade profile reveals a deficit of 50.10 million, reflecting import dependencies for growth.

⚠️
Trade deficit of 68.1% of imports requires careful management of external financing.
23.47M
Total Exports
73.57M
Total Imports
0.32
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $8.09M, generating continuous economic activity across logistics, finance, and trade services.

🚢 Export Markets

Singapore
Pakistan
USA
South Africa
Czechia
Others

Export Market Concentration

86.2%
$20.24M
8.0%$1.88M
1.4%$329,593
0.6%$136,902
0.5%$117,347
0.4%$87,419
0.3%$76,884
13 others
2.2%$514,036

Export concentration shows Singapore as the dominant market at 86.2%. The top three markets control 95.7% of exports.

⚠️

Market Concentration Risk

Heavy reliance on Singapore (86.2% of exports) creates vulnerability to bilateral tensions or economic downturns in that market.
96.7%
Top 5 Markets
98.2%
Top 10 Markets
20
Total Partners

Regional patterns reveal globally balanced access. Secondary markets (Indonesia, Poland, Nigeria) provide $346,437 in additional trade.

📦 Import Sources

Import Source Concentration

52.4%
$38.55M
38.5%
$28.31M
4.0%$2.93M
2.1%$1.53M
0.3%$249,496
0.3%$203,599
13 others
0.8%$558,719

Br. Indian Ocean Terr. relies heavily on Greece for imports (52.4%),creating supply chain concentration risk.

Energy suppliers including United Arab Emirates (1.23M) collectively provide 1.23 million or 1.7% of imports, highlighting the economy's dependence on imported energy resources.

Manufacturing inputs come primarily from Malaysia, reflecting deep integration into Asian production networks.

The USA provides 2.93 million (4.0%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 99.7% of total imports, with the remaining 0% distributed among 10 other suppliers.

Regional sourcing patterns reveal diversified global sourcing. European suppliers including Germany (70,736), Netherlands (21,385), Belgium (5,839) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with Indiaemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

📦 Product Composition

🚀 Export Products

Top Export Products

frozen, toothfish (Dissostichus spp.), excluding f...
35.9%
$8.43M
not used for domestic purposes...
21.2%
$4.98M
frozen, bigeye tunas (Thunnus obesus), excluding f...
14.5%$3.41M
used in the industrial preparation or manufacture ...
7.0%$1.65M
frozen, yellowfin tunas (Thunnus albacares), exclu...
5.3%$1.24M
3 others
7.4%$1.75M

Br. Indian Ocean Terr.'s export economy centers on diversified industrial production, with the leading export being frozen, toothfish (Dissostichus spp.), excluding fillets, livers, roes, and edible fish offal of subheadings 0303.91 to 0303.99at $8.43 million, accounting for 35.9% of total exports.

Electronics, semiconductors, and machinery contribute 6.81 million or 29.0% of exports.

The automotive sector's dominance is evident in the export portfolio, with . This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 1 categories specifically related to alternative propulsion systems, totaling $184,969.

Beyond automotive, Br. Indian Ocean Terr. maintains strong positions in industrial machinery (2 categories totaling 6.62M), electronic components (184,969), and Fish.

The top 20 export products collectively account for 96.7% of total exports, revealing moderate concentration with room for further diversification.

🛒 Import Products

Top Import Products

preparations n.e.c. containing by weight 70% or mo...
52.3%
$38.48M
of fish or crustaceans, molluscs or other aquatic ...
10.3%$7.56M
structures (excluding prefabricated buildings of h...
9.4%$6.92M
for a voltage not exceeding 1000 volts, not fitted...
5.8%$4.24M
prefabricated, not of wood
2.7%$1.98M
3 others
4.4%$3.26M

Energy dominates Br. Indian Ocean Terr.'s import profile, with fossil fuels accounting for 38.48 million or 52.3% of total imports. Crude oil leads at 38.48 million (52.3%), followed by natural gas and coal. This energy import dependency shapes economic policy, inflation dynamics, and strategic relationships with supplier nations.

🔑

Key Finding: Energy Dependency

Energy imports of $38.48M account for 52.3% of all imports, making Br. Indian Ocean Terr. vulnerable to global energy price fluctuations and supply disruptions.

Beyond energy, critical imports include of fish or crustaceans, molluscs or othe... (7.56M, 10.3%), structures (excluding prefabricated buil... (6.92M, 9.4%), for a voltage not exceeding 1000 volts, ... (4.24M, 5.8%), prefabricated, not of wood (1.98M, 2.7%), portland, other than white, whether or n... (1.32M, 1.8%).Electronic components and devices total 4.24 million (5.8% of imports), supporting domestic manufacturing and assembly operations.

The import product mix reveals structural characteristics of Br. Indian Ocean Terr.'s economy: integration into global electronics supply chains, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (4 : 16among top 20 products) indicates balanced import composition. Import substitution potential exists in agriculture and technology sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 14 primary products to 4 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.

⚖️ Trade Balance Dynamics

-50.10 million
Trade Deficit 51.63% of total trade
PartnerExportsImportsBalance
Singapore$20.24M$28.31M$-8.07M
Greece$0$38.55M$-38.55M
USA$329,593$2.93M$-2.60M
Pakistan$1.88M$0+$1.88M
Panama$0$1.53M$-1.53M

Export-to-import ratio of 0.319 means exports cover 31.9% of import costs.

🔗 Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
Singapore$20.24M$28.31M$-8.07M
Greece$0$38.55M$-38.55M
USA$329,593$2.93M$-2.60M
Pakistan$1.88M$0+$1.88M
Panama$0$1.53M$-1.53M
United Arab Emirates$0$1.23M$-1.23M
Türkiye$27,044$249,496$-222,452
Switzerland$0$203,599$-203,599
Total$22.47M$73.00M$-50.53M

The Br. Indian Ocean Terr.-Singapore relationship leads at 48.54 million in bilateral trade.View detailed analysis →

Additional major partnerships include USA (3.26M total trade), Pakistan (1.88M total trade), Panama (1.53M total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationships—95.76M across top 10 partners—provides resilience against bilateral tensions and regional disruptions.

🏆 Competitive Position

Global rankings position Br. Indian Ocean Terr. as the #209 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.000%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of primary commodities, indicates potential for value chain upgrading. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Br. Indian Ocean Terr.'s global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly infrozen, toothfish (Dissos, not used for domestic pur, frozen, bigeye tunas (Thu. The revealed comparative advantage is strongest in product categories representing71.7% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 50.10M, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in essential commodities.

Vulnerabilities include excessive reliance on single export markets. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with Slovenia, Canada, Bosnia Herzegovina, developing new product capabilities in higher technology sectors, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Br. Indian Ocean Terr.'s trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Br. Indian Ocean Terr.'s position as the world's #209 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026