2022
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 GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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GDP PC
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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About

British Virgin Islands-Spain Trade: In 2022, British Virgin Islands exported $1.96M to Spain. The main products that British Virgin Islands exported to Spain were Recreational Boats ($1.94M), Awnings, Tents, and Sails ($9.97k), and Trunks and Cases ($6.96k). Over the past 5 years the exports of British Virgin Islands to Spain have increased at an annualized rate of 13.4%, from $1.04M in 2017 to $1.96M in 2022.

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

Spain-British Virgin Islands Trade: In 2022, Spain exported $441k to British Virgin Islands. The main products that Spain exported to British Virgin Islands were Unglazed Ceramics ($160k), Aluminium Structures ($80.5k), and Other Engines ($30k). Over the past 5 years the exports of Spain to British Virgin Islands have decreased at an annualized rate of 41.5%,  from $6.42M in 2017 to $441k in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $1.96M to Spain. The main products exported from British Virgin Islands to Spain were Recreational Boats ($1.94M), Awnings, Tents, and Sails ($9.97k), and Trunks and Cases ($6.96k). During the last 5 years the exports of British Virgin Islands to Spain have increased at an annualized rate of 13.4%, from $1.04M in 2017 to $1.96M in 2022.

In 2017, Spain exported $441k to British Virgin Islands. The main products exported from Spain to British Virgin Islands were Unglazed Ceramics ($160k), Aluminium Structures ($80.5k), and Other Engines ($30k). During the last 5 years the exports of Spain to British Virgin Islands have decreased at an annualized rate of 41.5%, from $6.42M in 2022 to $441k in 2017.

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

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

Latest Data

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

Spain Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Spain
Top Destination
France$65.2B

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

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

In 2022, countries that imported more from Spain than British Virgin Islands included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage British Virgin Islands - Spain

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Spain in the exports of Transportation ($1.94M), Textiles ($10.6k), and Animal Hides ($6.96k).

During 2017, Spain had a large net trade with British Virgin Islands in the exports of Stone And Glass ($163k), Metals ($109k), and Machines ($39.7k).

Economic Complexity

Competitive Landscape

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

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

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