British Virgin Islands (VGB) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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British Virgin Islands-Switzerland Trade: In 2022, British Virgin Islands exported $19.1M to Switzerland. The main products that British Virgin Islands exported to Switzerland were Diamonds ($11.2M), Jewellery ($4.16M), and Sculptures ($1.17M). Over the past 5 years the exports of British Virgin Islands to Switzerland have decreased at an annualized rate of 24.9%, from $80.3M in 2017 to $19.1M in 2022.

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

Switzerland-British Virgin Islands Trade: In 2022, Switzerland exported $132M to British Virgin Islands. The main products that Switzerland exported to British Virgin Islands were Diamonds ($97.3M), Jewellery ($6.92M), and Base Metal Watches ($6.53M). Over the past 5 years the exports of Switzerland to British Virgin Islands have increased at an annualized rate of 4.91%, from $104M in 2017 to $132M in 2022.

In 2022, Switzerland 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, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, British Virgin Islands exported $19.1M to Switzerland. The main products exported from British Virgin Islands to Switzerland were Diamonds ($11.2M), Jewellery ($4.16M), and Sculptures ($1.17M). During the last 5 years the exports of British Virgin Islands to Switzerland have decreased at an annualized rate of 24.9%, from $80.3M in 2017 to $19.1M in 2022.

In 2017, Switzerland exported $132M to British Virgin Islands. The main products exported from Switzerland to British Virgin Islands were Diamonds ($97.3M), Jewellery ($6.92M), and Base Metal Watches ($6.53M). During the last 5 years the exports of Switzerland to British Virgin Islands have increased at an annualized rate of 4.91%, from $104M in 2022 to $132M in 2017.

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

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

Latest Data

Trade between British Virgin Islands () and Switzerland ()

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Virgin Islands
Top DestinationMalta$85.8M

Switzerland
Top DestinationUnited States$61.7B

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

In 2022, countries that imported more from British Virgin Islands than Switzerland included Montserrat ($24.9k).

In 2022, countries that imported more from Switzerland than British Virgin Islands included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

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

Comparative Advantage British Virgin Islands - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, British Virgin Islands had a large net trade with Switzerland in the exports of Precious Metals ($15.3M), Arts and Antiques ($2.26M), and Footwear and Headwear ($904k).

During 2017, Switzerland had a large net trade with British Virgin Islands in the exports of Precious Metals ($116M), Instruments ($9.89M), and Arts and Antiques ($5.48M).

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 Switzerland. This means that a dot/product with the flag of British Virgin Islands indicates it has a comparative advantage over Switzerland. Similarly, a dot/product with the flag of Switzerland 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 Switzerland () (2022)

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

Latest Data

Trade between British Virgin Islands () and Switzerland ()

Switzerland Exports

Market Competitiveness

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

Comparative Advantage British Virgin Islands - Switzerland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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