2023
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 GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
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GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
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GDP PC
$68,454CURRENT US$
Rnk 14 / 196
2013-2023
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GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195

About

British Virgin Islands-Denmark Trade: In 2023, British Virgin Islands exported $10.5k to Denmark. The main products that British Virgin Islands exported to Denmark were Non-Knit Men's Coats ($9.98k) and Locust beans, seaweed, sugar beet, cane, for food ($496). Over the past 5 years the exports of British Virgin Islands to Denmark have decreased at an annualized rate of 8.05%, from $15.9k in 2018 to $10.5k in 2023.

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

Denmark-British Virgin Islands Trade: In 2023, Denmark exported $36.1M to British Virgin Islands. The main products that Denmark exported to British Virgin Islands were Passenger and Cargo Ships ($35.7M), Other Sea Vessels ($138k), and Flavored Water ($66.5k). Over the past 5 years the exports of Denmark to British Virgin Islands have increased at an annualized rate of 26.4%,  from $11.2M in 2018 to $36.1M in 2023.

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

Comparison In 2023,  British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index. That same year, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $10.5k to Denmark. The main products exported from British Virgin Islands to Denmark were Non-Knit Men's Coats ($9.98k) and Locust beans, seaweed, sugar beet, cane, for food ($496). During the last 5 years the exports of British Virgin Islands to Denmark have decreased at an annualized rate of 8.05%, from $15.9k in 2018 to $10.5k in 2023.

In 2018, Denmark exported $36.1M to British Virgin Islands. The main products exported from Denmark to British Virgin Islands were Passenger and Cargo Ships ($35.7M), Other Sea Vessels ($138k), and Flavored Water ($66.5k). During the last 5 years the exports of Denmark to British Virgin Islands have increased at an annualized rate of 26.4%, from $11.2M in 2023 to $36.1M in 2018.

Exports from British Virgin Islands (Flag) to Denmark (Flag) (2023)

Exports from Denmark (Flag) to British Virgin Islands (Flag) (2023)

Latest Data

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

Denmark Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Denmark
Top Destination
Germany$14.8B

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

In 2023, countries that imported more from British Virgin Islands than Denmark included Guyana ($61.6M) and Malta ($93.7M).

In 2023, countries that imported more from Denmark than British Virgin Islands included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

Difference in imports from Denmark (Flag) and British Virgin Islands (Flag) (2023)

Comparative Advantage British Virgin Islands - Denmark

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Denmark in the exports of Textiles ($9.98k) and Vegetable Products ($496).

During 2018, Denmark had a large net trade with British Virgin Islands in the exports of Transportation ($35.9M), Foodstuffs ($108k), and Machines ($73.2k).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Denmark (Flag) (2023)

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