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

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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 5 years the exports of British Virgin Islands to Luxembourg have decreased at an annualized rate of 3.94%, from $35.9k in 2017 to $29.3k in 2022.

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

Luxembourg-British Virgin Islands In N/A, Luxembourg did not export any products to British Virgin Islands.

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

Comparison In 2022, British Virgin Islands ranked 185 in total exports ($206M). That same year, Luxembourg ranked 78 in total exports ($20.5B). 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, 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 2017 to $29.3k in 2022.

Luxembourg does not register exports to British Virgin Islands. The main products exported from Luxembourg to British Virgin Islands were Synthetic Filament Tow ($282).

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

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

Latest Data

Trade between British Virgin Islands () and Luxembourg ()

Luxembourg Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Virgin Islands
Top DestinationMalta$85.8M

Luxembourg
Top DestinationGermany$4.15B

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

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

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

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

Comparative Advantage British Virgin Islands - Luxembourg

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, 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 British Virgin Islands and Luxembourg. This means that a dot/product with the flag of British Virgin Islands indicates it has a comparative advantage over Luxembourg. Similarly, a dot/product with the flag of Luxembourg 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 Luxembourg () (2022)

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

Latest Data

Trade between British Virgin Islands () and Luxembourg ()

Luxembourg Exports

Market Competitiveness

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

Comparative Advantage British Virgin Islands - Luxembourg

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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