2021
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GDP
$28.4BCURRENT US$
Rnk 103 / 204
2011-2021
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GDP GROWTH
2.77%CURRENT US$
Rnk 161 / 204
2021
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GDP PC 
$31,552CURRENT US$
Rnk 43 / 204
2011-2021
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GDP PC GROWTH
-2.87%CURRENT US$
Rnk 156 / 204

About

Cyprus-British Virgin Islands In 2021, Cyprus exported $238M to British Virgin Islands. The main products that Cyprus exported to British Virgin Islands are Recreational Boats ($237M), Hard Liquor ($1.79M), and Wine ($11.7k). During the last 16 years the exports of Cyprus to British Virgin Islands have increased at an annualized rate of 103%, from $2.8k in 2005 to $238M in 2021.

In 2021, Cyprus did not export any services to British Virgin Islands.

British Virgin Islands-Cyprus In 2021, British Virgin Islands exported $44.2M to Cyprus. The main products that British Virgin Islands exported to Cyprus were Recreational Boats ($43.3M), Passenger and Cargo Ships ($828k), and Metalworking Machine Parts ($31). During the last 16 years the exports of British Virgin Islands to Cyprus have increased at an annualized rate of 82.6%, from $2.89k in 2005 to $44.2M in 2021.

In 2021, British Virgin Islands did not export any services to Cyprus.

Comparison In 2021,  Cyprus ranked 118 in total exports ($5.16B). That same year, British Virgin Islands ranked 178 in total exports ($253M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Cyprus exported $238M to British Virgin Islands. The main products exported from Cyprus to British Virgin Islands were Recreational Boats ($237M), Hard Liquor ($1.79M), and Wine ($11.7k). During the last 16 years the exports of Cyprus to British Virgin Islands have increased at an annualized rate of 103%, from $2.8k in 2005 to $238M in 2021.

In 2021, British Virgin Islands exported $44.2M to Cyprus. The main products exported from British Virgin Islands to Cyprus were Recreational Boats ($43.3M), Passenger and Cargo Ships ($828k), and Metalworking Machine Parts ($31). During the last 19 years the exports of British Virgin Islands to Cyprus have increased at an annualized rate of 82.6%, from $2.89k in 2002 to $44.2M in 2021.

Exports from Cyprus (Flag) to British Virgin Islands (Flag) (2021)

Exports from British Virgin Islands (Flag) to Cyprus (Flag) (2021)

Latest Data

Trade between Cyprus (Flag) and British Virgin Islands (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top Destination
Greece$744M
British Virgin Islands
Top Destination
Austria$62.5M

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

In 2021, countries that imported more from Cyprus than British Virgin Islands were Greece ($744M), Lebanon ($349M), and Marshall Islands ($297M).

In 2021, countries that imported more from British Virgin Islands than Cyprus were Portugal ($37M), Austria ($62.5M), and Barbados ($1.8M).

Difference in imports from British Virgin Islands (Flag) and Cyprus (Flag) (2021)

Comparative Advantage Cyprus - British Virgin Islands

Flow
Scale

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

During 2021, Cyprus had a large net trade with British Virgin Islands in the exports of Transportation ($237M), Foodstuffs ($1.81M), and Instruments ($597).

During 2021, British Virgin Islands had a large net trade with Cyprus in the exports of Transportation ($44.2M) and Machines ($36).

Economic Complexity

Competitive Landscape

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 Cyprus has comparative advantage over British Virgin Islands. Similarly, the more yellow a dot/product is, the more British Virgin Islands has comparative advantage over Cyprus.

Product Space of Cyprus (Flag) and British Virgin Islands (Flag) (2021)

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