2023
Flag  
GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
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GDP PC 
$68,454CURRENT US$
Rnk 14 / 195
2013-2023
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GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195

About

Denmark-British Virgin Islands Trade: In 2023, Denmark exported $36.1M to British Virgin Islands. The main products that Denmark exported to British Virgin Islands were Passenger and Cargo Ships ($35.7M), Other Sea Vessels ($138k), and Flavored Water ($66.5k). Over the past 5 years the exports of Denmark to British Virgin Islands have increased at an annualized rate of 26.4%, from $11.2M in 2018 to $36.1M in 2023.

In 2023, Denmark did not export any services to British Virgin Islands.

British Virgin Islands-Denmark Trade: In 2023, British Virgin Islands exported $10.5k to Denmark. The main products that British Virgin Islands exported to Denmark were Non-Knit Men's Coats ($9.98k) and Locust beans, seaweed, sugar beet, cane, for food ($496). Over the past 5 years the exports of British Virgin Islands to Denmark have decreased at an annualized rate of 8.05%,  from $15.9k in 2018 to $10.5k in 2023.

In 2023, British Virgin Islands did not export any services to Denmark.

Comparison In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13),  and 37 in total exports ($118B). That same year, British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $36.1M to British Virgin Islands. The main products exported from Denmark to British Virgin Islands were Passenger and Cargo Ships ($35.7M), Other Sea Vessels ($138k), and Flavored Water ($66.5k). During the last 5 years the exports of Denmark to British Virgin Islands have increased at an annualized rate of 26.4%, from $11.2M in 2018 to $36.1M in 2023.

In 2018, British Virgin Islands exported $10.5k to Denmark. The main products exported from British Virgin Islands to Denmark were Non-Knit Men's Coats ($9.98k) and Locust beans, seaweed, sugar beet, cane, for food ($496). During the last 5 years the exports of British Virgin Islands to Denmark have decreased at an annualized rate of 8.05%, from $15.9k in 2023 to $10.5k in 2018.

Exports from Denmark (Flag) to British Virgin Islands (Flag) (2023)

Exports from British Virgin Islands (Flag) to Denmark (Flag) (2023)

Latest Data

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

Denmark Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$14.8B
British Virgin Islands
Top Destination
Malta$93.7M

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

In 2023, countries that imported more from Denmark than British Virgin Islands included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

In 2023, countries that imported more from British Virgin Islands than Denmark included Guyana ($61.6M) and Malta ($93.7M).

Difference in imports from British Virgin Islands (Flag) and Denmark (Flag) (2023)

Comparative Advantage Denmark - British Virgin Islands

Flow
Scale

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

During 2023, Denmark had a large net trade with British Virgin Islands in the exports of Transportation ($35.9M), Foodstuffs ($108k), and Machines ($73.2k).

During 2018, British Virgin Islands had a large net trade with Denmark in the exports of Textiles ($9.98k) and Vegetable Products ($496).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Denmark and British Virgin Islands. This means that a dot/product with the flag of Denmark 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 Denmark.

Product Space of Denmark (Flag) and British Virgin Islands (Flag) (2023)

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