British Virgin Islands (VGB) and Canada (CAN) Trade | The Observatory of Economic Complexity

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British Virgin Islands-Canada Trade: In 2023, British Virgin Islands exported $415k to Canada. The main products that British Virgin Islands exported to Canada were Seed Oils ($175k), Carboxylic Acids ($58k), and Railway Cargo Containers ($47.4k). Over the past 5 years the exports of British Virgin Islands to Canada have decreased at an annualized rate of 17.3%, from $1.07M in 2018 to $415k in 2023.

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

Canada-British Virgin Islands Trade: In 2023, Canada exported $2.97M to British Virgin Islands. The main products that Canada exported to British Virgin Islands were Dried/Salted/Smoked/Brined Fish ($656k), Centrifuges ($608k), and Plastic Building Materials ($312k). Over the past 5 years the exports of Canada to British Virgin Islands have decreased at an annualized rate of 2.64%, from $3.49M in 2018 to $2.97M in 2023.

In 2020, Canada exported services to British Virgin Islands worth $83.5M, with Financial services ($77.5M), Insurance services ($3.73M), and Royalties and license fees ($1.49M) being the largest in terms of value.

Comparison In 2023, British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index. That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, British Virgin Islands exported $415k to Canada. The main products exported from British Virgin Islands to Canada were Seed Oils ($175k), Carboxylic Acids ($58k), and Railway Cargo Containers ($47.4k). During the last 5 years the exports of British Virgin Islands to Canada have decreased at an annualized rate of 17.3%, from $1.07M in 2018 to $415k in 2023.

In 2018, Canada exported $2.97M to British Virgin Islands. The main products exported from Canada to British Virgin Islands were Dried/Salted/Smoked/Brined Fish ($656k), Centrifuges ($608k), and Plastic Building Materials ($312k). During the last 5 years the exports of Canada to British Virgin Islands have decreased at an annualized rate of 2.64%, from $3.49M in 2023 to $2.97M in 2018.

Exports from British Virgin Islands () to Canada () (2023)

Exports from Canada () to British Virgin Islands () (2023)

Latest Data

Trade between British Virgin Islands () and Canada ()

Canada Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Virgin Islands
Top DestinationMalta$93.7M

Canada
Top DestinationUnited States$410B

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

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

In 2023, countries that imported more from Canada than British Virgin Islands included United States ($410B), China ($31.1B), and United Kingdom ($18B).

Difference in imports from Canada () and British Virgin Islands () (2023)

Comparative Advantage British Virgin Islands - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, British Virgin Islands had a large net trade with Canada in the exports of Animal and Vegetable Bi-Products ($175k), Chemical Products ($58.3k), and Transportation ($47.4k).

During 2018, Canada had a large net trade with British Virgin Islands in the exports of Machines ($766k), Animal Products ($720k), and Plastics and Rubbers ($349k).

Bilateral Service Trade

Can Year

In 2020, Canada exported services to British Virgin Islands worth $83.5M, with Financial services ($77.5M), Insurance services ($3.73M), and Royalties and license fees ($1.49M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada () to British Virgin Islands () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from British Virgin Islands () to Canada () (2023)

Exports from Canada () to British Virgin Islands () (2023)

Latest Data

Trade between British Virgin Islands () and Canada ()

Canada Exports

Market Competitiveness

Difference in imports from Canada () and British Virgin Islands () (2023)

Comparative Advantage British Virgin Islands - Canada

Bilateral Service Trade

Services Exports from Canada () to British Virgin Islands () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of British Virgin Islands () and Canada () (2023)

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