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About

British Virgin Islands-Australia In 2022, British Virgin Islands exported $192k to Australia. The main products that British Virgin Islands exported to Australia are Rice ($64k), Other Edible Preparations ($54.4k), and Scrap Plastic ($27.6k). During the last 27 years the exports of British Virgin Islands to Australia have increased at an annualized rate of 10.8%, from $11.9k in 1995 to $192k in 2022.

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

Australia-British Virgin Islands In 2022, Australia exported $81.1k to British Virgin Islands. The main products that Australia exported to British Virgin Islands were Centrifuges ($67.7k), Motor vehicles; parts and accessories (8701 to 8705) ($5.55k), and Non-Knit Women's Suits ($4.09k). During the last 27 years the exports of Australia to British Virgin Islands have increased at an annualized rate of 19.7%, from $630 in 1995 to $81.1k in 2022.

In 2022, Australia 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, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $192k to Australia. The main products exported from British Virgin Islands to Australia were Rice ($64k), Other Edible Preparations ($54.4k), and Scrap Plastic ($27.6k). During the last 27 years the exports of British Virgin Islands to Australia have increased at an annualized rate of 10.8%, from $11.9k in 1995 to $192k in 2022.

In 2022, Australia exported $81.1k to British Virgin Islands. The main products exported from Australia to British Virgin Islands were Centrifuges ($67.7k), Motor vehicles; parts and accessories (8701 to 8705) ($5.55k), and Non-Knit Women's Suits ($4.09k). During the last 27 years the exports of Australia to British Virgin Islands have increased at an annualized rate of 19.7%, from $630 in 1995 to $81.1k in 2022.

Exports from British Virgin Islands (Flag) to Australia (Flag) (2022)

Exports from Australia (Flag) to British Virgin Islands (Flag) (2022)

Latest Data

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

Australia Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Australia
Top Destination
China$123B

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

In 2021, countries that imported more from British Virgin Islands than Australia were Malta ($85.8M) and Montserrat ($24.9k).

In 2021, countries that imported more from Australia than British Virgin Islands were China ($123B), Japan ($80.1B), and South Korea ($41B).

Difference in imports from Australia (Flag) and British Virgin Islands (Flag) (2022)

Comparative Advantage British Virgin Islands - Australia

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Australia in the exports of Foodstuffs ($67.5k), Vegetable Products ($64k), and Plastics and Rubbers ($27.6k).

During 2022, Australia had a large net trade with British Virgin Islands in the exports of Machines ($71.3k), Transportation ($5.55k), and Textiles ($4.19k).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Australia (Flag) (2022)

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