British Virgin Islands (VGB) and Singapore (SGP) Trade | The Observatory of Economic Complexity

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British Virgin Islands-Singapore Trade: In 2022, British Virgin Islands exported $7.46k to Singapore. The main products that British Virgin Islands exported to Singapore were Railway Cargo Containers ($4.76k), Optical Fibers and optical fibre bundles ($1.36k), and Iron Pipe Fittings ($840). Over the past 5 years the exports of British Virgin Islands to Singapore have decreased at an annualized rate of 63.9%, from $1.21M in 2017 to $7.46k in 2022.

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

Singapore-British Virgin Islands Trade: In 2022, Singapore exported $174k to British Virgin Islands. The main products that Singapore exported to British Virgin Islands were LCDs ($49.2k), Broadcasting Equipment ($46.5k), and Cars ($35.7k). Over the past 5 years the exports of Singapore to British Virgin Islands have decreased at an annualized rate of 14%, from $369k in 2017 to $174k in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, British Virgin Islands exported $7.46k to Singapore. The main products exported from British Virgin Islands to Singapore were Railway Cargo Containers ($4.76k), Optical Fibers and optical fibre bundles ($1.36k), and Iron Pipe Fittings ($840). During the last 5 years the exports of British Virgin Islands to Singapore have decreased at an annualized rate of 63.9%, from $1.21M in 2017 to $7.46k in 2022.

In 2017, Singapore exported $174k to British Virgin Islands. The main products exported from Singapore to British Virgin Islands were LCDs ($49.2k), Broadcasting Equipment ($46.5k), and Cars ($35.7k). During the last 5 years the exports of Singapore to British Virgin Islands have decreased at an annualized rate of 14%, from $369k in 2022 to $174k in 2017.

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

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

Latest Data

Trade between British Virgin Islands () and Singapore ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Virgin Islands
Top DestinationMalta$85.8M

Singapore
Top DestinationHong Kong$51.6B

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

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

In 2022, countries that imported more from Singapore than British Virgin Islands included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage British Virgin Islands - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, British Virgin Islands had a large net trade with Singapore in the exports of Transportation ($4.76k), Instruments ($1.36k), and Metals ($850).

During 2017, Singapore had a large net trade with British Virgin Islands in the exports of Machines ($78.5k), Instruments ($49.2k), and Transportation ($35.7k).

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between British Virgin Islands () and Singapore ()

Singapore Exports

Market Competitiveness

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

Comparative Advantage British Virgin Islands - Singapore

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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