Flag Italy / British Virgin Islands Flag

2019
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Exports
: $144M, Rnk 107 / 224

2019
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Top Product
: $141M, Recreational Boats

2019
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Exports
: $9.8M, Rnk 6 / 85

2019
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Top Product
: $9.79M, Recreational Boats

2019
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Economic Complexity (ECI)
: ECI 1.36, Rnk 17 / 146

2019
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GDP
: $2T, CURRENT US$
Rnk 8 / 187

2009-2019
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GDP GROWTH
: -8.56%, CURRENT US$
Rnk 180 / 187

2019
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GDP PC 
: $33,228, CURRENT US$
Rnk 29 / 187

2009-2019
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GDP PC GROWTH
: -10.4%, CURRENT US$
Rnk 176 / 187

Italy-British Virgin Islands In 2019, Italy exported $144M to British Virgin Islands. The main products that Italy exported to British Virgin Islands are Recreational Boats ($141M), Wine ($797k), and Other Furniture ($388k). During the last 24 years the exports of Italy to British Virgin Islands have increased at an annualized rate of 5.88%, from $36.4M in 1995 to $144M in 2019.

In 2019, Italy did not export any services to British Virgin Islands.

British Virgin Islands-Italy In 2019, British Virgin Islands exported $9.8M to Italy . The main products that British Virgin Islands exported to Italy were Recreational Boats ($9.79M), Refined Petroleum ($7.8k), and Other Furniture ($2.06k). During the last 24 years the exports of British Virgin Islands to Italy have increased at an annualized rate of 6.54%, from $2.14M in 1995 to $9.8M in 2019.

In 2019, British Virgin Islands did not export any services to Italy.

Comparison In 2019,  Italy ranked 17 in the Economic Complexity Index (ECI 1.36),  and 8 in total exports ($525B). 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
Compare to

In 2019, Italy exported $144M to British Virgin Islands. The main products exported from Italy to British Virgin Islands were Recreational Boats ($141M), Wine ($797k), and Other Furniture ($388k). During the last 24 years the exports of Italy to British Virgin Islands have increased at an annualized rate of 5.88%, from $36.4M in 1995 to $144M in 2019.

In 2019, British Virgin Islands exported $9.8M to Italy. The main products exported from British Virgin Islands to Italy were Recreational Boats ($9.79M), Refined Petroleum ($7.8k), and Other Furniture ($2.06k). During the last 23 years the exports of British Virgin Islands to Italy have increased at an annualized rate of 6.54%, from $2.14M in 1996 to $9.8M in 2019.

Market Competitiveness

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Measure

Italy
Top Destination
: Germany, $64.5B

British Virgin Islands
Top Destination
: Malta, $107M

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

In 2019, countries that imported more from Italy than British Virgin Islands were Germany ($64.5B), France ($54.9B), and United States ($51.8B).

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

Comparative Advantage Italy - British Virgin Islands

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Depth

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

During 2019, Italy had a large net trade with British Virgin Islands in the exports of Transportation ($141M), Foodstuffs ($1.15M), and Miscellaneous ($478k).

During 2019, British Virgin Islands had a large net trade with Italy in the exports of Transportation ($9.79M), Mineral Products ($7.8k), and Miscellaneous ($2.06k).

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