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2023
Flag → Flag
Exports $26.3MRnk 156 / 216
2023
Flag → Flag
Top Product $24.7MRecreational Boats
2023
Flag → Flag
Exports $14.8kRnk 61 / 82
2023
Flag → Flag
Top Product $7.1kLubricating Products
2023
Flag
Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
Flag  
GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
GDP PC $13,106CURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP PC GROWTH4.19%CURRENT US$
Rnk 147 / 195

About

Turkey-British Virgin Islands Trade: In 2023, Turkey exported $26.3M to British Virgin Islands. The main products that Turkey exported to British Virgin Islands were Recreational Boats ($24.7M), Centrifuges ($266k), and Refined Petroleum ($182k). Over the past 5 years the exports of Turkey to British Virgin Islands have increased at an annualized rate of 44.6%, from $4.15M in 2018 to $26.3M in 2023.

In 2023, Turkey did not export any services to British Virgin Islands.

British Virgin Islands-Turkey Trade: In 2023, British Virgin Islands exported $14.8k to Turkey. The main products that British Virgin Islands exported to Turkey were Lubricating Products ($7.1k), Nonaqueous Paints ($4.65k), and Refined Petroleum ($2.73k). Over the past 5 years the exports of British Virgin Islands to Turkey have decreased at an annualized rate of 71.1%,  from $7.32M in 2018 to $14.8k in 2023.

In 2023, British Virgin Islands did not export any services to Turkey.

Comparison In 2023,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.62),  and 28 in total exports ($272B). That same year, British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkey exported $26.3M to British Virgin Islands. The main products exported from Turkey to British Virgin Islands were Recreational Boats ($24.7M), Centrifuges ($266k), and Refined Petroleum ($182k). During the last 5 years the exports of Turkey to British Virgin Islands have increased at an annualized rate of 44.6%, from $4.15M in 2018 to $26.3M in 2023.

In 2018, British Virgin Islands exported $14.8k to Turkey. The main products exported from British Virgin Islands to Turkey were Lubricating Products ($7.1k), Nonaqueous Paints ($4.65k), and Refined Petroleum ($2.73k). During the last 5 years the exports of British Virgin Islands to Turkey have decreased at an annualized rate of 71.1%, from $7.32M in 2023 to $14.8k in 2018.

Exports from Turkey (Flag) to British Virgin Islands (Flag) (2023)

Exports from British Virgin Islands (Flag) to Turkey (Flag) (2023)

Latest Data

Trade between Turkey (Flag) and British Virgin Islands (Flag)

Turkey Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$24.7B
British Virgin Islands
Top DestinationMalta$93.7M

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

In 2023, countries that imported more from Turkey than British Virgin Islands included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

In 2023, no countries were registered that imported more from British Virgin Islands than from Turkey.

Difference in imports from British Virgin Islands (Flag) and Turkey (Flag) (2023)

Comparative Advantage Turkey - British Virgin Islands

Flow
Scale

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

During 2023, Turkey had a large net trade with British Virgin Islands in the exports of Transportation ($24.7M), Machines ($531k), and Mineral Products ($322k).

During 2018, British Virgin Islands had a large net trade with Turkey in the exports of Chemical Products ($11.8k), Mineral Products ($2.73k), and Arts and Antiques ($188).

Economic Complexity

Competitive Landscape

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

Product Space of Turkey (Flag) and British Virgin Islands (Flag) (2023)

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