Luxembourg (LUX) and British Virgin Islands (VGB) Trade | The Observatory of Economic Complexity

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Luxembourg-British Virgin Islands Trade: In 2022, Luxembourg exported $282 to British Virgin Islands. The main products that Luxembourg exported to British Virgin Islands were Synthetic Filament Tow ($282). Over the past 8 years the exports of Luxembourg to British Virgin Islands have decreased at an annualized rate of 4.36%, from $403 in 2014 to $282 in 2022.

In 2022, Luxembourg did not export any services to British Virgin Islands.

British Virgin Islands-Luxembourg Trade: In 2022, British Virgin Islands exported $29.3k to Luxembourg. The main products that British Virgin Islands exported to Luxembourg were Portable Lighting ($17.4k), Hard Liquor ($8.63k), and Light Fixtures ($2.75k). Over the past 8 years the exports of British Virgin Islands to Luxembourg have decreased at an annualized rate of 3.94%, from $35.9k in 2014 to $29.3k in 2022.

In 2022, British Virgin Islands did not export any services to Luxembourg.

Comparison In 2022, Luxembourg ranked 78 in total exports ($20.5B). That same year, British Virgin Islands ranked 185 in total exports ($206M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Luxembourg exported $282 to British Virgin Islands. The main products exported from Luxembourg to British Virgin Islands were Synthetic Filament Tow ($282). During the last 8 years the exports of Luxembourg to British Virgin Islands have decreased at an annualized rate of 4.36%, from $403 in 2014 to $282 in 2022.

In 2017, British Virgin Islands exported $29.3k to Luxembourg. The main products exported from British Virgin Islands to Luxembourg were Portable Lighting ($17.4k), Hard Liquor ($8.63k), and Light Fixtures ($2.75k). During the last 5 years the exports of British Virgin Islands to Luxembourg have decreased at an annualized rate of 3.94%, from $35.9k in 2022 to $29.3k in 2017.

Exports from Luxembourg () to British Virgin Islands () (2022)

Exports from British Virgin Islands () to Luxembourg () (2022)

Latest Data

Trade between Luxembourg () and British Virgin Islands ()

Luxembourg Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Luxembourg
Top DestinationGermany$4.15B

British Virgin Islands
Top DestinationMalta$85.8M

This map shows whether countries import more from Luxembourg or British Virgin Islands. Each country is colored based on the difference in imports they receive from Luxembourg and British Virgin Islands or the difference in the growth in imports.

In 2022, countries that imported more from Luxembourg than British Virgin Islands included Germany ($4.15B), France ($3.07B), and Belgium ($2.09B).

In 2022, countries that imported more from British Virgin Islands than Luxembourg included Malta ($85.8M), Zimbabwe ($5.02M), and Bahamas ($824k).

Difference in imports from British Virgin Islands () and Luxembourg () (2022)

Comparative Advantage Luxembourg - British Virgin Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Luxembourg and British Virgin Islands by product, considering products traded by both, Luxembourg and British Virgin Islands.

During 2022, Luxembourg had a large net trade with British Virgin Islands in the exports of Textiles ($282).

During 2017, British Virgin Islands had a large net trade with Luxembourg in the exports of Machines ($17.4k), Foodstuffs ($8.63k), and Miscellaneous ($2.75k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Luxembourg and British Virgin Islands. This means that a dot/product with the flag of Luxembourg indicates it has a comparative advantage over British Virgin Islands. Similarly, a dot/product with the flag of British Virgin Islands indicates it has a comparative advantage over Luxembourg.

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Historical Data

Bilateral Trade by Products

Exports from Luxembourg () to British Virgin Islands () (2022)

Exports from British Virgin Islands () to Luxembourg () (2022)

Latest Data

Trade between Luxembourg () and British Virgin Islands ()

Luxembourg Exports

Market Competitiveness

Difference in imports from British Virgin Islands () and Luxembourg () (2022)

Comparative Advantage Luxembourg - British Virgin Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Luxembourg () and British Virgin Islands () (2022)

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