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Pricing

2022
Flag → Flag
Exports $2.05MRnk 13 / 90
2022
Flag → Flag
Top Product $939kHard Liquor
2022
Flag → Flag
Exports $8.3MRnk 180 / 224
2022
Flag → Flag
Top Product $2.19MRecreational Boats
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

British Virgin Islands-United Kingdom Trade: In 2022, British Virgin Islands exported $2.05M to United Kingdom. The main products that British Virgin Islands exported to United Kingdom were Hard Liquor ($939k), Audio Alarms ($583k), and Light Pure Woven Cotton ($200k). Over the past 5 years the exports of British Virgin Islands to United Kingdom have decreased at an annualized rate of 20.4%, from $6.41M in 2017 to $2.05M in 2022.

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

United Kingdom-British Virgin Islands Trade: In 2022, United Kingdom exported $8.3M to British Virgin Islands. The main products that United Kingdom exported to British Virgin Islands were Recreational Boats ($2.19M), Packaged Medicaments ($732k), and Jewellery ($511k). Over the past 5 years the exports of United Kingdom to British Virgin Islands have decreased at an annualized rate of 22.7%,  from $30M in 2017 to $8.3M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $2.05M to United Kingdom. The main products exported from British Virgin Islands to United Kingdom were Hard Liquor ($939k), Audio Alarms ($583k), and Light Pure Woven Cotton ($200k). During the last 5 years the exports of British Virgin Islands to United Kingdom have decreased at an annualized rate of 20.4%, from $6.41M in 2017 to $2.05M in 2022.

In 2017, United Kingdom exported $8.3M to British Virgin Islands. The main products exported from United Kingdom to British Virgin Islands were Recreational Boats ($2.19M), Packaged Medicaments ($732k), and Jewellery ($511k). During the last 5 years the exports of United Kingdom to British Virgin Islands have decreased at an annualized rate of 22.7%, from $30M in 2022 to $8.3M in 2017.

Exports from British Virgin Islands (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to British Virgin Islands (Flag) (2022)

Latest Data

Trade between British Virgin Islands (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
British Virgin Islands
Top DestinationN/AN/A
United Kingdom
Top DestinationN/AN/A

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

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Difference in imports from United Kingdom (Flag) and British Virgin Islands (Flag) (2022)

Comparative Advantage British Virgin Islands - United Kingdom

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with United Kingdom in the exports of Foodstuffs ($943k), Machines ($642k), and Textiles ($200k).

During 2017, United Kingdom had a large net trade with British Virgin Islands in the exports of Transportation ($2.32M), Foodstuffs ($1.52M), and Chemical Products ($874k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential British Virgin Islands United Kingdom+N/AN/A
Top Product Potential United Kingdom British Virgin Islands+N/AN/A

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Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and United Kingdom (Flag) (2022)

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