Sri Lanka (LKA) and British Virgin Islands (VGB) Trade | The Observatory of Economic Complexity

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Sri Lanka-British Virgin Islands Trade: In 2022, Sri Lanka exported $5.21k to British Virgin Islands. The main products that Sri Lanka exported to British Virgin Islands were Awnings, Tents, and Sails ($5.21k). Over the past 6 years the exports of Sri Lanka to British Virgin Islands have decreased at an annualized rate of 23.6%, from $26.1k in 2016 to $5.21k in 2022.

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

British Virgin Islands-Sri Lanka Trade: In 2022, British Virgin Islands exported $2.63k to Sri Lanka. The main products that British Virgin Islands exported to Sri Lanka were Other Plastic Products ($2.63k). Over the past 6 years the exports of British Virgin Islands to Sri Lanka have decreased at an annualized rate of 57.3%, from $185k in 2016 to $2.63k in 2022.

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

Comparison In 2022, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B). 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, Sri Lanka exported $5.21k to British Virgin Islands. The main products exported from Sri Lanka to British Virgin Islands were Awnings, Tents, and Sails ($5.21k). During the last 6 years the exports of Sri Lanka to British Virgin Islands have decreased at an annualized rate of 23.6%, from $26.1k in 2016 to $5.21k in 2022.

In 2017, British Virgin Islands exported $2.63k to Sri Lanka. The main products exported from British Virgin Islands to Sri Lanka were Other Plastic Products ($2.63k). During the last 5 years the exports of British Virgin Islands to Sri Lanka have decreased at an annualized rate of 57.3%, from $185k in 2022 to $2.63k in 2017.

Exports from Sri Lanka () to British Virgin Islands () (2022)

Exports from British Virgin Islands () to Sri Lanka () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sri Lanka
Top DestinationUnited States$3.52B

British Virgin Islands
Top DestinationMalta$85.8M

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

In 2022, countries that imported more from Sri Lanka than British Virgin Islands included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

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

Difference in imports from British Virgin Islands () and Sri Lanka () (2022)

Comparative Advantage Sri Lanka - British Virgin Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Sri Lanka had a large net trade with British Virgin Islands in the exports of Textiles ($5.21k).

During 2017, British Virgin Islands had a large net trade with Sri Lanka in the exports of Plastics and Rubbers ($2.63k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Sri Lanka () to British Virgin Islands () (2022)

Exports from British Virgin Islands () to Sri Lanka () (2022)

Market Competitiveness

Difference in imports from British Virgin Islands () and Sri Lanka () (2022)

Comparative Advantage Sri Lanka - British Virgin Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sri Lanka () and British Virgin Islands () (2022)

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