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Pricing

2022
Flag → Flag
Exports $8.3MRnk 180 / 224
2022
Flag → Flag
Top Product $2.19MRecreational Boats
2022
Flag → Flag
Exports $2.05MRnk 13 / 90
2022
Flag → Flag
Top Product $939kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

United Kingdom-British Virgin Islands Trade: In 2022, United Kingdom exported $8.3M to British Virgin Islands. The main products that United Kingdom exported to British Virgin Islands were Recreational Boats ($2.19M), Packaged Medicaments ($732k), and Jewellery ($511k). Over the past 5 years the exports of United Kingdom to British Virgin Islands have decreased at an annualized rate of 22.7%, from $30M in 2017 to $8.3M in 2022.

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

British Virgin Islands-United Kingdom Trade: In 2022, British Virgin Islands exported $2.05M to United Kingdom. The main products that British Virgin Islands exported to United Kingdom were Hard Liquor ($939k), Audio Alarms ($583k), and Light Pure Woven Cotton ($200k). Over the past 5 years the exports of British Virgin Islands to United Kingdom have decreased at an annualized rate of 20.4%,  from $6.41M in 2017 to $2.05M in 2022.

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

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). That same year, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, United Kingdom exported £200k and imported £12.4k from British Virgin Islands, resulting in a positive trade balance of £187k. Between August 2023 and August 2024 the exports of United Kingdom have decreased by £-262k (-56.7%) from £461k to £200k, while imports decreased by £-446k (-97.3%) from £458k to £12.4k.

Trade In August 2024, the top exports of United Kingdom to British Virgin Islands were Recreational Boats (£1.7M), Beer (£86.3k), Wine (£38.9k), Packaged Medicaments (£38.8k), and Other Edible Preparations (£34.4k). In August 2024 the top imports of United Kingdom from British Virgin Islands were Iron Pipe Fittings (£35k) and Commodities not elsewhere specified (£2.42k).

Origins In August 2024 the exports of United Kingdom were mainly from London Gateway (£115k), East Midlands Airport (£35.6k), London Stansted Airport (£16.1k), Southampton (£15.3k), and Immingham (£11.9k), while imports destinations were mainly Felixstowe (£10.9k).

Growth In August 2024, the decrease in United Kingdom's year-by-year exports to British Virgin Islands was explained primarily by an decrease in product exports in Packaged Medicaments (£-17.6k or -31.3%), Flavored Water (£-5.58k or -60.9%), and Telephones (£-3.74k or -78.9%). In August 2024, the decrease in United Kingdom's year-by-year imports  from British Virgin Islands was explained primarily by an decrease in product imports  in Commodities not elsewhere specified (£-607 or -20.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)£-262k(-56.7%)
IMPORT GROWTH (August 2023 - August 2024)£-446k(-97.3%)
MAIN EXPORTER (August 2024)London Gateway£115k

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check British Virgin Islands and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore British Virgin Islands and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $8.3M to British Virgin Islands. The main products exported from United Kingdom to British Virgin Islands were Recreational Boats ($2.19M), Packaged Medicaments ($732k), and Jewellery ($511k). During the last 5 years the exports of United Kingdom to British Virgin Islands have decreased at an annualized rate of 22.7%, from $30M in 2017 to $8.3M in 2022.

In 2017, British Virgin Islands exported $2.05M to United Kingdom. The main products exported from British Virgin Islands to United Kingdom were Hard Liquor ($939k), Audio Alarms ($583k), and Light Pure Woven Cotton ($200k). During the last 5 years the exports of British Virgin Islands to United Kingdom have decreased at an annualized rate of 20.4%, from $6.41M in 2022 to $2.05M in 2017.

Exports from United Kingdom (Flag) to British Virgin Islands (Flag) (2022)

Exports from British Virgin Islands (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationN/AN/A
British Virgin Islands
Top DestinationN/AN/A

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.

N/A

N/A

Difference in imports from British Virgin Islands (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - British Virgin Islands

Flow
Scale

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 2022, United Kingdom had a large net trade with British Virgin Islands in the exports of Transportation ($2.32M), Foodstuffs ($1.52M), and Chemical Products ($874k).

During 2017, British Virgin Islands had a large net trade with United Kingdom in the exports of Foodstuffs ($943k), Machines ($642k), and Textiles ($200k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and British Virgin Islands (Flag) (2022)

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