The British Indian Ocean Territory is the 204th largest export economy in the world. In 2016, the British Indian Ocean Territory exported $19.6M and imported $26.8M, resulting in a negative trade balance of $7.27M.
The top exports of the British Indian Ocean Territory are Computers ($6.19M), Office Machine Parts ($4.89M), Telephones ($1.86M), Non-fillet Frozen Fish ($1.78M) and Electrical Transformers ($1.48M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($10.6M), Other Inedible Animal Products ($7.78M), Recreational Boats ($779k), Other Ceramic Articles ($663k) and Chemical Analysis Instruments ($434k).
The top export destinations of the British Indian Ocean Territory are the United States ($11.8M), Singapore ($5.33M), Ghana ($1.57M), Poland ($173k) and Sweden ($155k). The top import origins are Singapore ($20M), the United States ($4.96M), the Netherlands ($779k), the United Kingdom ($401k) and Canada ($248k).
The British Indian Ocean Territory is an island and borders Maldives by sea.