Italy (ITA) and British Virgin Islands (VGB) Trade | The Observatory of Economic Complexity

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Italy-British Virgin Islands In 2022, Italy exported $107M to British Virgin Islands. The main products that Italy exported to British Virgin Islands are Recreational Boats ($103M), Packaged Medicaments ($704k), and Wine ($660k). During the last 27 years the exports of Italy to British Virgin Islands have increased at an annualized rate of 4.07%, from $36.4M in 1995 to $107M in 2022.

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

British Virgin Islands-Italy In 2022, British Virgin Islands exported $8.32M to Italy. The main products that British Virgin Islands exported to Italy were Recreational Boats ($8.16M), Combustion Engines ($105k), and Other Mineral ($32.3k). During the last 27 years the exports of British Virgin Islands to Italy have increased at an annualized rate of 5.14%, from $2.15M in 1995 to $8.32M in 2022.

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

Comparison In 2022, Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index.

Latest Trends

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Overview In N/A, Italy exported €N/A and imported €N/A from British Virgin Islands, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to British Virgin Islands were Recreational Boats (€9.73M). In N/A the top imports of Italy from British Virgin Islands were .

Growth In N/A, the N/A in Italy's year-by-year exports to British Virgin Islands was explained primarily by an decrease in product exports in Recreational Boats (€-17.3M or -64%). In N/A, the N/A in Italy's year-by-year imports from British Virgin Islands was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Italy exported $107M to British Virgin Islands. The main products exported from Italy to British Virgin Islands were Recreational Boats ($103M), Packaged Medicaments ($704k), and Wine ($660k). During the last 27 years the exports of Italy to British Virgin Islands have increased at an annualized rate of 4.07%, from $36.4M in 1995 to $107M in 2022.

In 2022, British Virgin Islands exported $8.32M to Italy. The main products exported from British Virgin Islands to Italy were Recreational Boats ($8.16M), Combustion Engines ($105k), and Other Mineral ($32.3k). During the last 26 years the exports of British Virgin Islands to Italy have increased at an annualized rate of 5.14%, from $2.15M in 1996 to $8.32M in 2022.

Exports from Italy () to British Virgin Islands () (2022)

Exports from British Virgin Islands () to Italy () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Italy
Top DestinationGermany$78.5B

British Virgin Islands
Top DestinationMalta$85.8M

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 2021, countries that imported more from Italy than British Virgin Islands were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2019, no countries were registered that imported more from British Virgin Islands than from Italy.

Difference in imports from British Virgin Islands () and Italy () (2022)

Comparative Advantage Italy - British Virgin Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Italy had a large net trade with British Virgin Islands in the exports of Transportation ($103M), Machines ($1.11M), and Foodstuffs ($888k).

During 2022, British Virgin Islands had a large net trade with Italy in the exports of Transportation ($8.17M), Machines ($110k), and Mineral Products ($32.3k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Italy () to British Virgin Islands () (2022)

Exports from British Virgin Islands () to Italy () (2022)

Market Competitiveness

Difference in imports from British Virgin Islands () and Italy () (2022)

Comparative Advantage Italy - British Virgin Islands

Economic Complexity

Competitive Landscape

Product Space of Italy () and British Virgin Islands () (2022)

About

Latest Trends

About

Latest Trade

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Exports from Italy () to British Virgin Islands () (2022)

Exports from British Virgin Islands () to Italy () (2022)

Market Competitiveness

Difference in imports from British Virgin Islands () and Italy () (2022)

Comparative Advantage Italy - British Virgin Islands

Economic Complexity

Competitive Landscape

Product Space of Italy () and British Virgin Islands () (2022)

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