British Virgin Islands (VGB) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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British Virgin Islands-Denmark Trade: In 2022, British Virgin Islands exported $658 to Denmark. The main products that British Virgin Islands exported to Denmark were Semiconductor Devices ($428), Non-Knit Women's Suits ($139), and Low-voltage Protection Equipment ($89). Over the past 6 years the exports of British Virgin Islands to Denmark have decreased at an annualized rate of 25.6%, from $3.88k in 2016 to $658 in 2022.

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

Denmark-British Virgin Islands Trade: In 2022, Denmark exported $13.6M to British Virgin Islands. The main products that Denmark exported to British Virgin Islands were Passenger and Cargo Ships ($13.3M), Flavored Water ($63k), and Electric Motor Parts ($59.7k). Over the past 6 years the exports of Denmark to British Virgin Islands have increased at an annualized rate of 7.34%, from $8.27M in 2016 to $13.6M in 2022.

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

Comparison In 2022, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, British Virgin Islands exported $658 to Denmark. The main products exported from British Virgin Islands to Denmark were Semiconductor Devices ($428), Non-Knit Women's Suits ($139), and Low-voltage Protection Equipment ($89). During the last 6 years the exports of British Virgin Islands to Denmark have decreased at an annualized rate of 25.6%, from $3.88k in 2016 to $658 in 2022.

In 2017, Denmark exported $13.6M to British Virgin Islands. The main products exported from Denmark to British Virgin Islands were Passenger and Cargo Ships ($13.3M), Flavored Water ($63k), and Electric Motor Parts ($59.7k). During the last 5 years the exports of Denmark to British Virgin Islands have increased at an annualized rate of 7.34%, from $8.27M in 2022 to $13.6M in 2017.

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

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

Latest Data

Trade between British Virgin Islands () and Denmark ()

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Virgin Islands
Top DestinationMalta$85.8M

Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from British Virgin Islands than Denmark included Malta ($85.8M).

In 2022, countries that imported more from Denmark than British Virgin Islands included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Comparative Advantage British Virgin Islands - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, British Virgin Islands had a large net trade with Denmark in the exports of Machines ($519) and Textiles ($139).

During 2017, Denmark had a large net trade with British Virgin Islands in the exports of Transportation ($13.3M), Machines ($160k), and Foodstuffs ($110k).

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

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

Latest Data

Trade between British Virgin Islands () and Denmark ()

Denmark Exports

Market Competitiveness

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

Comparative Advantage British Virgin Islands - Denmark

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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