Flag United Kingdom / British Virgin Islands Flag

2020
FlagFlag
Exports
: $26.9M, Rnk 142 / 221

2020
FlagFlag
Top Product
: $15.8M, Planes, Helicopters, and/or Spacecraft

2020
FlagFlag
Exports
: $5.04M, Rnk 9 / 78

2020
FlagFlag
Top Product
: $3.23M, Audio Alarms

2020
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Economic Complexity (ECI)
: ECI 1.42, Rnk 13 / 127

2020
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GDP
: $2.76T, CURRENT US$
Rnk 5 / 195

2010-2020
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GDP GROWTH
: 10.8%, CURRENT US$
Rnk 136 / 195

2020
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GDP PC 
: $41,059, CURRENT US$
Rnk 24 / 195

2010-2020
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GDP PC GROWTH
: 3.45%, CURRENT US$
Rnk 124 / 195

United Kingdom-British Virgin Islands In 2020, United Kingdom exported $26.9M to British Virgin Islands. The main products that United Kingdom exported to British Virgin Islands are Planes, Helicopters, and/or Spacecraft ($15.8M), Recreational Boats ($1.78M), and Packaged Medicaments ($1.11M). During the last 25 years the exports of United Kingdom to British Virgin Islands have increased at an annualized rate of 4.83%, from $8.26M in 1995 to $26.9M in 2020.

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

British Virgin Islands-United Kingdom In 2020, British Virgin Islands exported $5.04M to United Kingdom. The main products that British Virgin Islands exported to United Kingdom were Audio Alarms ($3.23M), Paintings ($1.52M), and Padlocks ($57.8k). During the last 25 years the exports of British Virgin Islands to United Kingdom have increased at an annualized rate of 5.41%, from $1.35M in 1995 to $5.04M in 2020.

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

Comparison In 2020,  United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.42),  and 11 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, United Kingdom exported $26.9M to British Virgin Islands. The main products exported from United Kingdom to British Virgin Islands were Planes, Helicopters, and/or Spacecraft ($15.8M), Recreational Boats ($1.78M), and Packaged Medicaments ($1.11M). During the last 25 years the exports of United Kingdom to British Virgin Islands have increased at an annualized rate of 4.83%, from $8.26M in 1995 to $26.9M in 2020.

In 2020, British Virgin Islands exported $5.04M to United Kingdom. The main products exported from British Virgin Islands to United Kingdom were Audio Alarms ($3.23M), Paintings ($1.52M), and Padlocks ($57.8k). During the last 25 years the exports of British Virgin Islands to United Kingdom have increased at an annualized rate of 5.41%, from $1.35M in 1995 to $5.04M in 2020.

Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $51.7B

British Virgin Islands
Top Destination
: Cyprus, $422M

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 ($51.7B), Germany ($39.9B), and Ireland ($26.8B).

In 2019, countries that imported more from British Virgin Islands than United Kingdom were Seychelles ($178M).

Comparative Advantage United Kingdom - British Virgin Islands

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Flow

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 2020, United Kingdom had a large net trade with British Virgin Islands in the exports of Transportation ($17.9M), Chemical Products ($1.75M), and Machines ($1.57M).

During 2020, British Virgin Islands had a large net trade with United Kingdom in the exports of Machines ($3.25M), Arts and Antiques ($1.55M), and Metals ($115k).

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