Australia (AUS) and British Virgin Islands (VGB) Trade | The Observatory of Economic Complexity

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Australia-British Virgin Islands Trade: In 2022, Australia exported $81.1k to British Virgin Islands. The main products that Australia exported to British Virgin Islands were Centrifuges ($67.7k), Motor vehicles; parts and accessories (8701 to 8705) ($5.55k), and Non-Knit Women's Suits ($4.09k). Over the past 5 years the exports of Australia to British Virgin Islands have decreased at an annualized rate of 8.31%, from $125k in 2017 to $81.1k in 2022.

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

British Virgin Islands-Australia Trade: In 2022, British Virgin Islands exported $192k to Australia. The main products that British Virgin Islands exported to Australia were Rice ($64k), Other Edible Preparations ($54.4k), and Scrap Plastic ($27.6k). Over the past 5 years the exports of British Virgin Islands to Australia have decreased at an annualized rate of 30.5%, from $5.09M in 2017 to $192k in 2022.

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

Comparison In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Australia exported $81.1k to British Virgin Islands. The main products exported from Australia to British Virgin Islands were Centrifuges ($67.7k), Motor vehicles; parts and accessories (8701 to 8705) ($5.55k), and Non-Knit Women's Suits ($4.09k). During the last 5 years the exports of Australia to British Virgin Islands have decreased at an annualized rate of 8.31%, from $125k in 2017 to $81.1k in 2022.

In 2017, British Virgin Islands exported $192k to Australia. The main products exported from British Virgin Islands to Australia were Rice ($64k), Other Edible Preparations ($54.4k), and Scrap Plastic ($27.6k). During the last 5 years the exports of British Virgin Islands to Australia have decreased at an annualized rate of 30.5%, from $5.09M in 2022 to $192k in 2017.

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

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

Latest Data

Trade between Australia () and British Virgin Islands ()

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationChina$123B

British Virgin Islands
Top DestinationMalta$85.8M

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

In 2022, countries that imported more from Australia than British Virgin Islands included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from British Virgin Islands than Australia included Malta ($85.8M) and Montserrat ($24.9k).

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

Comparative Advantage Australia - British Virgin Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Australia had a large net trade with British Virgin Islands in the exports of Machines ($71.3k), Transportation ($5.55k), and Textiles ($4.19k).

During 2017, British Virgin Islands had a large net trade with Australia in the exports of Foodstuffs ($67.5k), Vegetable Products ($64k), and Plastics and Rubbers ($27.6k).

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Australia () and British Virgin Islands ()

Australia Exports

Market Competitiveness

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

Comparative Advantage Australia - British Virgin Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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