Flag British Virgin Islands / Cyprus Flag

2021
FlagFlag
Exports
: $44.2M, Rnk 2 / 91

2021
FlagFlag
Top Product
: $43.3M, Recreational Boats

2021
FlagFlag
Exports
: $238M, Rnk 6 / 198

2021
FlagFlag
Top Product
: $237M, Recreational Boats

2021
Flag
 GDP
: $27.7B, CURRENT US$
Rnk 99 / 182

2011-2021
Flag
GDP GROWTH
: 0.56%, CURRENT US$
Rnk 146 / 182

2021
Flag
GDP PC
: $30,798, CURRENT US$
Rnk 31 / 182

2011-2021
Flag
GDP PC GROWTH
: -4.93%, CURRENT US$
Rnk 140 / 182

British Virgin Islands-Cyprus In 2021, British Virgin Islands exported $44.2M to Cyprus. The main products that British Virgin Islands exported to Cyprus are Recreational Boats ($43.3M), Passenger and Cargo Ships ($828k), and Metalworking Machine Parts ($31). During the last 19 years the exports of British Virgin Islands to Cyprus have increased at an annualized rate of 66.1%, from $2.89k in 2002 to $44.2M in 2021.

In 2021, British Virgin Islands did not export any services to Cyprus.

Cyprus-British Virgin Islands In 2021, Cyprus exported $238M to British Virgin Islands. The main products that Cyprus exported to British Virgin Islands were Recreational Boats ($237M), Hard Liquor ($1.79M), and Wine ($11.7k). During the last 19 years the exports of Cyprus to British Virgin Islands have increased at an annualized rate of 81.8%, from $2.8k in 2002 to $238M in 2021.

In 2021, Cyprus did not export any services to British Virgin Islands.

Comparison In 2021,  British Virgin Islands ranked 178 in total exports ($253M). That same year, Cyprus ranked 118 in total exports ($5.16B). Both countries does not have data related to Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, British Virgin Islands exported $44.2M to Cyprus. The main products exported from British Virgin Islands to Cyprus were Recreational Boats ($43.3M), Passenger and Cargo Ships ($828k), and Metalworking Machine Parts ($31). During the last 19 years the exports of British Virgin Islands to Cyprus have increased at an annualized rate of 66.1%, from $2.89k in 2002 to $44.2M in 2021.

In 2021, Cyprus exported $238M to British Virgin Islands. The main products exported from Cyprus to British Virgin Islands were Recreational Boats ($237M), Hard Liquor ($1.79M), and Wine ($11.7k). During the last 16 years the exports of Cyprus to British Virgin Islands have increased at an annualized rate of 81.8%, from $2.8k in 2005 to $238M in 2021.

Cyprus Exports

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Market Competitiveness

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Color

British Virgin Islands
Top Destination
: Austria, $62.5M

Cyprus
Top Destination
: Greece, $744M

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

In 2021, countries that imported more from British Virgin Islands than Cyprus were Portugal ($37M), Austria ($62.5M), and Barbados ($1.8M).

In 2021, countries that imported more from Cyprus than British Virgin Islands were Greece ($744M), Lebanon ($349M), and Marshall Islands ($297M).

Comparative Advantage British Virgin Islands - Cyprus

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Flow
Scale

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

During 2021, British Virgin Islands had a large net trade with Cyprus in the exports of Transportation ($44.2M) and Machines ($36).

During 2021, Cyprus had a large net trade with British Virgin Islands in the exports of Transportation ($237M), Foodstuffs ($1.81M), and Instruments ($597).

Economic Complexity

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Competitive Landscape

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