Flag United Kingdom / British Virgin Islands Flag

2019
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Exports
: $16.4M, Rnk 164 / 221

2019
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Top Product
: $2.97M, Recreational Boats

2019
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Exports
: $4.79M, Rnk 10 / 85

2019
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Top Product
: $4.36M, Audio Alarms

2019
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Economic Complexity (ECI)
: ECI 1.46, Rnk 13 / 146

2019
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GDP
: $2.83T, CURRENT US$
Rnk 6 / 187

2009-2019
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GDP GROWTH
: 17.3%, CURRENT US$
Rnk 152 / 187

2019
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GDP PC 
: $42,330, CURRENT US$
Rnk 23 / 187

2009-2019
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GDP PC GROWTH
: 9.34%, CURRENT US$
Rnk 143 / 187

United Kingdom-British Virgin Islands: In 2019, United Kingdom exported $16.4M to British Virgin Islands. The main products that United Kingdom exported to British Virgin Islands are Recreational Boats ($2.97M), Cars ($1.83M), and Packaged Medicaments ($1.1M). During the last 24 years the exports of United Kingdom to British Virgin Islands have increased at an annualized rate of 2.9%, from $8.26M in 1995 to $16.4M in 2019.

In 2019, United Kingdom did not exported services to British Virgin Islands.

British Virgin Islands-United Kingdom: In 2019, British Virgin Islands exported $4.79M to United Kingdom . The main products that British Virgin Islands exported to United Kingdom were Audio Alarms ($4.36M), Plastic Wash Basins ($119k), and Sculptures ($69.5k). During the last 24 years the exports of British Virgin Islands to United Kingdom have increased at an annualized rate of 5.4%, from $1.36M in 1995 to $4.79M in 2019.

In 2019, British Virgin Islands did not exported services to United Kingdom.

Comparison: In 2019,  United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.46),  and 10 in total exports ($446B). That same year, British Virgin Islands ranked 170 in total exports ($359M), 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 2019, United Kingdom exported $16.4M to British Virgin Islands. The main products exported from United Kingdom to British Virgin Islands were Recreational Boats ($2.97M), Cars ($1.83M), and Packaged Medicaments ($1.1M). During the last 24 years the exports of United Kingdom to British Virgin Islands have increased at an annualized rate of 2.9%, from $8.26M in 1995 to $16.4M in 2019.

In 2019, British Virgin Islands exported $4.79M to United Kingdom. The main products exported from British Virgin Islands to United Kingdom were Audio Alarms ($4.36M), Plastic Wash Basins ($119k), and Sculptures ($69.5k). During the last 24 years the exports of British Virgin Islands to United Kingdom have increased at an annualized rate of 5.4%, from $1.36M in 1995 to $4.79M in 2019.

Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $64.7B

British Virgin Islands
Top Destination
: Malta, $107M

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

In 2019, countries that imported more from United Kingdom than British Virgin Islands were United States ($64.7B), Germany ($44.3B), and China ($29.8B).

In 2019, countries that imported more from British Virgin Islands than United Kingdom were Seychelles ($105M).

Comparative Advantage United Kingdom - British Virgin Islands

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Depth

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

During 2019, United Kingdom had a large net trade with British Virgin Islands in the exports of Transportation ($5.01M), Arts and Antiques ($2.32M), and Machines ($2.07M).

During 2019, British Virgin Islands had a large net trade with United Kingdom in the exports of Machines ($4.36M), Metals ($142k), and Plastics and Rubbers ($124k).

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 red.  This mean that the more blue a dot/product is, the more United Kingdom has comparative advantage over British Virgin Islands. Similarly, the more red a dot/product is, the more British Virgin Islands has comparative advantage over United Kingdom.