British Virgin Islands (VGB) and Thailand (THA) Trade | The Observatory of Economic Complexity

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British Virgin Islands-Thailand Trade: In 2022, British Virgin Islands exported $69.7k to Thailand. The main products that British Virgin Islands exported to Thailand were Thermostats ($69.4k), Other Knit Clothing Accessories ($99), and Newspapers ($82). Over the past 5 years the exports of British Virgin Islands to Thailand have decreased at an annualized rate of 45.3%, from $1.43M in 2017 to $69.7k in 2022.

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

Thailand-British Virgin Islands Trade: In 2022, Thailand exported $1.34M to British Virgin Islands. The main products that Thailand exported to British Virgin Islands were Delivery Trucks ($943k), Special purpose motor vehicles ($70.7k), and Cars ($66.2k). Over the past 5 years the exports of Thailand to British Virgin Islands have decreased at an annualized rate of 1.48%, from $1.44M in 2017 to $1.34M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, British Virgin Islands exported $69.7k to Thailand. The main products exported from British Virgin Islands to Thailand were Thermostats ($69.4k), Other Knit Clothing Accessories ($99), and Newspapers ($82). During the last 5 years the exports of British Virgin Islands to Thailand have decreased at an annualized rate of 45.3%, from $1.43M in 2017 to $69.7k in 2022.

In 2017, Thailand exported $1.34M to British Virgin Islands. The main products exported from Thailand to British Virgin Islands were Delivery Trucks ($943k), Special purpose motor vehicles ($70.7k), and Cars ($66.2k). During the last 5 years the exports of Thailand to British Virgin Islands have decreased at an annualized rate of 1.48%, from $1.44M in 2022 to $1.34M in 2017.

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

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

Latest Data

Trade between British Virgin Islands () and Thailand ()

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Virgin Islands
Top DestinationMalta$85.8M

Thailand
Top DestinationUnited States$53.4B

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

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

In 2022, countries that imported more from Thailand than British Virgin Islands included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage British Virgin Islands - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, British Virgin Islands had a large net trade with Thailand in the exports of Instruments ($69.4k), Textiles ($99), and Paper Goods ($82).

During 2017, Thailand had a large net trade with British Virgin Islands in the exports of Transportation ($1.13M), Plastics and Rubbers ($65.3k), and Machines ($38.4k).

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

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

Latest Data

Trade between British Virgin Islands () and Thailand ()

Thailand Exports

Market Competitiveness

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

Comparative Advantage British Virgin Islands - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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