2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
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GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

British Virgin Islands-Germany Trade: In 2022, British Virgin Islands exported $2.02M to Germany. The main products that British Virgin Islands exported to Germany were Recreational Boats ($1.82M), Leather Footwear ($77.8k), and Hard Liquor ($39.8k). Over the past 5 years the exports of British Virgin Islands to Germany have increased at an annualized rate of 4.17%, from $1.65M in 2017 to $2.02M in 2022.

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

Germany-British Virgin Islands Trade: In 2022, Germany exported $3.07M to British Virgin Islands. The main products that Germany exported to British Virgin Islands were Milk ($415k), Electric Motors ($397k), and Paintings ($370k). Over the past 5 years the exports of Germany to British Virgin Islands have decreased at an annualized rate of 49.9%,  from $97.2M in 2017 to $3.07M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $2.02M to Germany. The main products exported from British Virgin Islands to Germany were Recreational Boats ($1.82M), Leather Footwear ($77.8k), and Hard Liquor ($39.8k). During the last 5 years the exports of British Virgin Islands to Germany have increased at an annualized rate of 4.17%, from $1.65M in 2017 to $2.02M in 2022.

In 2017, Germany exported $3.07M to British Virgin Islands. The main products exported from Germany to British Virgin Islands were Milk ($415k), Electric Motors ($397k), and Paintings ($370k). During the last 5 years the exports of Germany to British Virgin Islands have decreased at an annualized rate of 49.9%, from $97.2M in 2022 to $3.07M in 2017.

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

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

Latest Data

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

Germany Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Germany
Top Destination
United States$153B

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

In 2022, no countries were registered that imported more from British Virgin Islands than from Germany.

In 2022, countries that imported more from Germany than British Virgin Islands included United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage British Virgin Islands - Germany

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Germany in the exports of Transportation ($1.82M), Footwear and Headwear ($131k), and Foodstuffs ($39.8k).

During 2017, Germany had a large net trade with British Virgin Islands in the exports of Machines ($790k), Animal Products ($742k), and Transportation ($371k).

Economic Complexity

Competitive Landscape

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

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

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