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

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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 16.3%, from $7.64k in 2016 to $2.63k in 2022.

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

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 39%, from $61.8k in 2016 to $5.21k in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 6 years the exports of British Virgin Islands to Sri Lanka have decreased at an annualized rate of 16.3%, from $7.64k in 2016 to $2.63k in 2022.

In 2017, 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 5 years the exports of Sri Lanka to British Virgin Islands have decreased at an annualized rate of 39%, from $61.8k in 2022 to $5.21k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Virgin Islands
Top DestinationMalta$85.8M

Sri Lanka
Top DestinationUnited States$3.52B

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

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

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).

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

Comparative Advantage British Virgin Islands - Sri Lanka

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, British Virgin Islands had a large net trade with Sri Lanka in the exports of Plastics and Rubbers ($2.63k).

During 2017, Sri Lanka had a large net trade with British Virgin Islands in the exports of Textiles ($5.21k).

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

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

Market Competitiveness

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

Comparative Advantage British Virgin Islands - Sri Lanka

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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