British Virgin Islands (VGB) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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British Virgin Islands-Armenia Trade: In 2022, British Virgin Islands exported $3.92k to Armenia. The main products that British Virgin Islands exported to Armenia were Other Furniture ($3.92k). Over the past 10 years the exports of British Virgin Islands to Armenia have decreased at an annualized rate of 41.6%, from $856k in 2012 to $3.92k in 2022.

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

Armenia-British Virgin Islands Trade: In 2022, Armenia exported $20.6k to British Virgin Islands. The main products that Armenia exported to British Virgin Islands were N/A. Over the past 10 years the exports of Armenia to British Virgin Islands have decreased at an annualized rate of 60.1%, from $2.02M in 2012 to $20.6k in 2022.

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

Comparison In 2022, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, British Virgin Islands exported $3.92k to Armenia. The main products exported from British Virgin Islands to Armenia were Other Furniture ($3.92k). During the last 10 years the exports of British Virgin Islands to Armenia have decreased at an annualized rate of 41.6%, from $856k in 2012 to $3.92k in 2022.

In 2012, Armenia exported $20.6k to British Virgin Islands. There were not main exports from Armenia to British Virgin Islands in 2012. During the last 5 years the exports of Armenia to British Virgin Islands have decreased at an annualized rate of 60.1%, from $2.02M in 2017 to $20.6k in 2012.

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

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

Latest Data

Trade between British Virgin Islands () and Armenia ()

Armenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Virgin Islands
Top DestinationMalta$85.8M

Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from British Virgin Islands than Armenia included Malta ($85.8M), Brazil ($23M), and Egypt ($12.2M).

In 2022, countries that imported more from Armenia than British Virgin Islands included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

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

Comparative Advantage British Virgin Islands - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, British Virgin Islands had a large net trade with Armenia in the exports of Miscellaneous ($3.92k).

During 2012, Armenia had a large net trade with British Virgin Islands in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of British Virgin Islands and Armenia. This means that a dot/product with the flag of British Virgin Islands indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over British Virgin Islands.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between British Virgin Islands () and Armenia ()

Armenia Exports

Market Competitiveness

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

Comparative Advantage British Virgin Islands - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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