Chinese Taipei (TWN) and British Virgin Islands (VGB) Trade | The Observatory of Economic Complexity

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Chinese Taipei-British Virgin Islands Trade: In 2022, Chinese Taipei exported $302k to British Virgin Islands. The main products that Chinese Taipei exported to British Virgin Islands were Integrated Circuits ($138k), Video Displays ($67.3k), and Optical Fibers and optical fibre bundles ($25.5k). Over the past 5 years the exports of Chinese Taipei to British Virgin Islands have decreased at an annualized rate of 22.6%, from $1.09M in 2017 to $302k in 2022.

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

British Virgin Islands-Chinese Taipei Trade: In 2022, British Virgin Islands exported $64.2k to Chinese Taipei. The main products that British Virgin Islands exported to Chinese Taipei were Large Flat-Rolled Stainless Steel ($31.3k), Other Zinc Products ($15.9k), and Cermets ($8.66k). Over the past 5 years the exports of British Virgin Islands to Chinese Taipei have increased at an annualized rate of 15.5%, from $31.2k in 2017 to $64.2k in 2022.

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

Comparison In 2022, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). That same year, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Chinese Taipei exported $302k to British Virgin Islands. The main products exported from Chinese Taipei to British Virgin Islands were Integrated Circuits ($138k), Video Displays ($67.3k), and Optical Fibers and optical fibre bundles ($25.5k). During the last 5 years the exports of Chinese Taipei to British Virgin Islands have decreased at an annualized rate of 22.6%, from $1.09M in 2017 to $302k in 2022.

In 2017, British Virgin Islands exported $64.2k to Chinese Taipei. The main products exported from British Virgin Islands to Chinese Taipei were Large Flat-Rolled Stainless Steel ($31.3k), Other Zinc Products ($15.9k), and Cermets ($8.66k). During the last 5 years the exports of British Virgin Islands to Chinese Taipei have increased at an annualized rate of 15.5%, from $31.2k in 2022 to $64.2k in 2017.

Exports from Chinese Taipei () to British Virgin Islands () (2022)

Exports from British Virgin Islands () to Chinese Taipei () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Chinese Taipei
Top DestinationChina$121B

British Virgin Islands
Top DestinationMalta$85.8M

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

In 2022, countries that imported more from Chinese Taipei than British Virgin Islands included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from British Virgin Islands than Chinese Taipei included Zimbabwe ($5.02M) and Montserrat ($24.9k).

Difference in imports from British Virgin Islands () and Chinese Taipei () (2022)

Comparative Advantage Chinese Taipei - British Virgin Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Chinese Taipei had a large net trade with British Virgin Islands in the exports of Machines ($254k), Instruments ($28.4k), and Plastics and Rubbers ($11.6k).

During 2017, British Virgin Islands had a large net trade with Chinese Taipei in the exports of Metals ($61.9k) and Machines ($2.25k).

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 Chinese Taipei and British Virgin Islands. This means that a dot/product with the flag of Chinese Taipei 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 Chinese Taipei.

About

Historical Data

Bilateral Trade by Products

Exports from Chinese Taipei () to British Virgin Islands () (2022)

Exports from British Virgin Islands () to Chinese Taipei () (2022)

Market Competitiveness

Difference in imports from British Virgin Islands () and Chinese Taipei () (2022)

Comparative Advantage Chinese Taipei - British Virgin Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Chinese Taipei () and British Virgin Islands () (2022)

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