British Virgin Islands (VGB) and Russia (RUS) Trade | The Observatory of Economic Complexity

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British Virgin Islands-Russia Trade: In 2021, British Virgin Islands exported $15.8k to Russia. The main products that British Virgin Islands exported to Russia were N/A. Over the past 5 years the exports of British Virgin Islands to Russia have decreased at an annualized rate of 6.59%, from $22.2k in 2016 to $15.8k in 2021.

In 2021, British Virgin Islands did not export any services to Russia.

Russia-British Virgin Islands Trade: In 2021, Russia exported $12.6M to British Virgin Islands. The main products that Russia exported to British Virgin Islands were N/A. Over the past 5 years the exports of Russia to British Virgin Islands have decreased at an annualized rate of 14.9%, from $28.3M in 2016 to $12.6M in 2021.

In 2020, Russia exported services to British Virgin Islands worth $219M, with Other business services ($93.8M), Transportation ($80.9M), and Computer and information services ($14.8M) being the largest in terms of value.

Comparison In 2022, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, British Virgin Islands exported $15.8k to Russia. There were not main exports from British Virgin Islands to Russia in 2021. During the last 5 years the exports of British Virgin Islands to Russia have decreased at an annualized rate of 6.59%, from $22.2k in 2016 to $15.8k in 2021.

In 2016, Russia exported $12.6M to British Virgin Islands. There were not main exports from Russia to British Virgin Islands in 2016. During the last 5 years the exports of Russia to British Virgin Islands have decreased at an annualized rate of 14.9%, from $28.3M in 2021 to $12.6M in 2016.

Exports from British Virgin Islands () to Russia () (2021)

Exports from Russia () to British Virgin Islands () (2021)

Latest Data

Trade between British Virgin Islands () and Russia ()

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Virgin Islands
Top DestinationMalta$85.8M

Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from British Virgin Islands than Russia included Malta ($85.8M), Bahamas ($824k), and Barbados ($253k).

In 2022, countries that imported more from Russia than British Virgin Islands included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage British Virgin Islands - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, British Virgin Islands had a large net trade with Russia in the exports of .

During 2016, Russia had a large net trade with British Virgin Islands in the exports of .

Potential Exports

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Bilateral Service Trade

Rus Year

In 2020, Russia exported services to British Virgin Islands worth $219M, with Other business services ($93.8M), Transportation ($80.9M), and Computer and information services ($14.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to British Virgin Islands () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from British Virgin Islands () to Russia () (2021)

Exports from Russia () to British Virgin Islands () (2021)

Latest Data

Trade between British Virgin Islands () and Russia ()

Russia Exports

Market Competitiveness

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

Comparative Advantage British Virgin Islands - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Russia () to British Virgin Islands () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of British Virgin Islands () and Russia () (2021)

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