2022
Flag
 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

British Virgin Islands-Colombia Trade: In 2022, British Virgin Islands exported $328k to Colombia. The main products that British Virgin Islands exported to Colombia were Other Agricultural Machinery ($239k), Stone Processing Machines ($81.2k), and Electrical Insulators ($7.17k). Over the past 5 years the exports of British Virgin Islands to Colombia have decreased at an annualized rate of 33.6%, from $2.53M in 2017 to $328k in 2022.

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

Colombia-British Virgin Islands Trade: In 2022, Colombia exported $713k to British Virgin Islands. The main products that Colombia exported to British Virgin Islands were Glycerol ($294k), Other Furniture ($138k), and Aluminium Structures ($90.9k). Over the past 5 years the exports of Colombia to British Virgin Islands have increased at an annualized rate of 23.7%,  from $130k in 2017 to $713k in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $328k to Colombia. The main products exported from British Virgin Islands to Colombia were Other Agricultural Machinery ($239k), Stone Processing Machines ($81.2k), and Electrical Insulators ($7.17k). During the last 5 years the exports of British Virgin Islands to Colombia have decreased at an annualized rate of 33.6%, from $2.53M in 2017 to $328k in 2022.

In 2017, Colombia exported $713k to British Virgin Islands. The main products exported from Colombia to British Virgin Islands were Glycerol ($294k), Other Furniture ($138k), and Aluminium Structures ($90.9k). During the last 5 years the exports of Colombia to British Virgin Islands have increased at an annualized rate of 23.7%, from $130k in 2022 to $713k in 2017.

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

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

Latest Data

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

Colombia Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Colombia
Top Destination
United States$15.6B

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

In 2022, countries that imported more from British Virgin Islands than Colombia included Malta ($85.8M), Zimbabwe ($5.02M), and Cyprus ($3.02M).

In 2022, countries that imported more from Colombia than British Virgin Islands included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage British Virgin Islands - Colombia

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Colombia in the exports of Machines ($327k), Instruments ($650), and Miscellaneous ($149).

During 2017, Colombia had a large net trade with British Virgin Islands in the exports of Animal and Vegetable Bi-Products ($294k), Miscellaneous ($140k), and Metals ($95.9k).

Economic Complexity

Competitive Landscape

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

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

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