Flag Canada / British Virgin Islands Flag

2020
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Exports
: $3.48M, Rnk 170 / 217

2020
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Top Product
: $1.33M, Wheat

2020
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Exports
: $668k, Rnk 21 / 78

2020
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Top Product
: $426k, Iron Pipe Fittings

2020
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Economic Complexity (ECI)
: ECI 0.93, Rnk 29 / 127

2020
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GDP
: $1.65T, CURRENT US$
Rnk 9 / 204

2010-2020
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GDP GROWTH
: 1.74%, CURRENT US$
Rnk 160 / 204

2020
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GDP PC 
: $43,258, CURRENT US$
Rnk 25 / 204

2010-2020
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GDP PC GROWTH
: -9.05%, CURRENT US$
Rnk 166 / 204

Canada-British Virgin Islands In 2020, Canada exported $3.48M to British Virgin Islands. The main products that Canada exported to British Virgin Islands are Wheat ($1.33M), Fish: dried, salted, smoked or in brine ($653k), and Wheat Flours ($238k). During the last 25 years the exports of Canada to British Virgin Islands have increased at an annualized rate of 4.86%, from $1.06M in 1995 to $3.48M in 2020.

In 2020, Canada exported services to British Virgin Islands worth $83.5M, with Financial services ($77.5M), Insurance services ($3.73M), and Royalties and license fees ($1.49M) being the largest in terms of value.

British Virgin Islands-Canada In 2020, British Virgin Islands exported $668k to Canada. The main products that British Virgin Islands exported to Canada were Iron Pipe Fittings ($426k), Railway Cargo Containers ($42.3k), and Metal Mountings ($37.8k). During the last 25 years the exports of British Virgin Islands to Canada have increased at an annualized rate of 9.74%, from $65.4k in 1995 to $668k in 2020.

In 2020, British Virgin Islands did not export any services to Canada.

Comparison In 2020,  Canada ranked 29 in the Economic Complexity Index (ECI 0.93),  and 12 in total exports ($371B). That same year, British Virgin Islands ranked 163 in total exports ($741M), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Canada exported $3.48M to British Virgin Islands. The main products exported from Canada to British Virgin Islands were Wheat ($1.33M), Fish: dried, salted, smoked or in brine ($653k), and Wheat Flours ($238k). During the last 25 years the exports of Canada to British Virgin Islands have increased at an annualized rate of 4.86%, from $1.06M in 1995 to $3.48M in 2020.

In 2020, British Virgin Islands exported $668k to Canada. The main products exported from British Virgin Islands to Canada were Iron Pipe Fittings ($426k), Railway Cargo Containers ($42.3k), and Metal Mountings ($37.8k). During the last 25 years the exports of British Virgin Islands to Canada have increased at an annualized rate of 9.74%, from $65.4k in 1995 to $668k in 2020.

Market Competitiveness

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Measure

Canada
Top Destination
: United States, $264B

British Virgin Islands
Top Destination
: Cyprus, $422M

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

In 2019, countries that imported more from Canada than British Virgin Islands were United States ($264B), China ($19.3B), and United Kingdom ($13.2B).

In 2019, countries that imported more from British Virgin Islands than Canada were Cyprus ($422M) and Seychelles ($178M).

Comparative Advantage Canada - British Virgin Islands

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Flow
Scale

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

During 2020, Canada had a large net trade with British Virgin Islands in the exports of Vegetable Products ($1.59M), Animal Products ($672k), and Machines ($445k).

During 2020, British Virgin Islands had a large net trade with Canada in the exports of Metals ($463k), Transportation ($63.3k), and Machines ($47.1k).

Bilateral Service Trade

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In 2020, Canada exported services to British Virgin Islands worth $83.5M, with Financial services ($77.5M), Insurance services ($3.73M), and Royalties and license fees ($1.49M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Canada has comparative advantage over British Virgin Islands. Similarly, the more yellow a dot/product is, the more British Virgin Islands has comparative advantage over Canada.