Malaysia (MYS) and British Virgin Islands (VGB) Trade | The Observatory of Economic Complexity

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Malaysia-British Virgin Islands Trade: In 2022, Malaysia exported $329k to British Virgin Islands. The main products that Malaysia exported to British Virgin Islands were Broadcasting Equipment ($270k), Sawn Wood ($35.1k), and Toilet Paper ($12.7k). Over the past 5 years the exports of Malaysia to British Virgin Islands have increased at an annualized rate of 25.4%, from $106k in 2017 to $329k in 2022.

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

British Virgin Islands-Malaysia Trade: In 2022, British Virgin Islands exported $128k to Malaysia. The main products that British Virgin Islands exported to Malaysia were Printed Circuit Boards ($54.2k), Aluminium Bars ($43.2k), and Low-voltage Protection Equipment ($28.2k). Over the past 5 years the exports of British Virgin Islands to Malaysia have decreased at an annualized rate of 34.8%, from $1.08M in 2017 to $128k in 2022.

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

Comparison In 2022, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). 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, Malaysia exported MYR7.33k and imported MYR2.7k from British Virgin Islands, resulting in a positive trade balance of MYR4.63k. Between August 2023 and August 2024 the exports of Malaysia have decreased by MYR-468k (-98.5%) from MYR475k to MYR7.33k, while imports increased by MYR705 (35.3%) from MYR2k to MYR2.7k.

Trade In August 2024, the top exports of Malaysia to British Virgin Islands were Telephones (MYR409k), Waterproof Footwear (MYR19.5k), Wine (MYR116), Other Edible Preparations (MYR50), and Coffee and Tea Extracts (MYR30). In August 2024 the top imports of Malaysia from British Virgin Islands were .

Growth In August 2024, the decrease in Malaysia's year-by-year exports to British Virgin Islands was explained primarily by an decrease in product exports in . In September 2024, the increase in Malaysia's year-by-year imports from British Virgin Islands was explained primarily by an increase in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Malaysia exported $329k to British Virgin Islands. The main products exported from Malaysia to British Virgin Islands were Broadcasting Equipment ($270k), Sawn Wood ($35.1k), and Toilet Paper ($12.7k). During the last 5 years the exports of Malaysia to British Virgin Islands have increased at an annualized rate of 25.4%, from $106k in 2017 to $329k in 2022.

In 2017, British Virgin Islands exported $128k to Malaysia. The main products exported from British Virgin Islands to Malaysia were Printed Circuit Boards ($54.2k), Aluminium Bars ($43.2k), and Low-voltage Protection Equipment ($28.2k). During the last 5 years the exports of British Virgin Islands to Malaysia have decreased at an annualized rate of 34.8%, from $1.08M in 2022 to $128k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malaysia
Top DestinationSingapore$53.8B

British Virgin Islands
Top DestinationMalta$85.8M

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

In 2022, countries that imported more from Malaysia than British Virgin Islands included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from British Virgin Islands than Malaysia included Malta ($85.8M) and Montserrat ($24.9k).

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

Comparative Advantage Malaysia - British Virgin Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Malaysia had a large net trade with British Virgin Islands in the exports of Machines ($272k), Wood Products ($35.1k), and Paper Goods ($12.7k).

During 2017, British Virgin Islands had a large net trade with Malaysia in the exports of Machines ($84.4k) and Metals ($43.2k).

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Malaysia - British Virgin Islands

Economic Complexity

Competitive Landscape

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Malaysia - British Virgin Islands

Economic Complexity

Competitive Landscape

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

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