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British Indian Ocean Territory Economy - 2024


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Economic overview

small island territory economy; economic activity mainly on Diego Garcia with national military installations; recently settled disputes with Mauritius have increased oil exports; established marine reserve has limited commercial fishing

Exports - partners

Singapore 69%, United States 10%, Canada 5%, Ireland 4%, Saudi Arabia 2% (2021)

Exports - commodities

tuna and other fish, computers, integrated circuits, diamonds, jewelry (2021)

Imports - partners

Singapore 64%, United States 22%, Panama 4%, Ireland 3%, Bulgaria 1% (2021)

Imports - commodities

inedible fish and animal products, aluminum structures, cement, boat propellers, packaged medicines (2021)

Exchange rates

the US dollar is used

NOTE: The information regarding British Indian Ocean Territory on this page is re-published from the 2024 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of British Indian Ocean Territory 2024 information contained here. All suggestions for corrections of any errors about British Indian Ocean Territory 2024 should be addressed to the CIA or the source cited on each page.

This page was last modified 04 May 24, Copyright © 2024 ITA all rights reserved.