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2023
Flag → Flag
Exports $2.06MRnk 16 / 82
2023
Flag → Flag
Top Product $1.36MRecreational Boats
2023
Flag → Flag
Exports $17.3MRnk 161 / 223
2023
Flag → Flag
Top Product $11.6MRecreational Boats
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

British Virgin Islands-United Kingdom Trade: In 2023, British Virgin Islands exported $2.06M to United Kingdom. The main products that British Virgin Islands exported to United Kingdom were Recreational Boats ($1.36M), Knit Socks and Hosiery ($372k), and Precious Metal Scraps ($85.9k). Over the past 5 years the exports of British Virgin Islands to United Kingdom have decreased at an annualized rate of 14.5%, from $4.51M in 2018 to $2.06M in 2023.

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

United Kingdom-British Virgin Islands Trade: In 2023, United Kingdom exported $17.3M to British Virgin Islands. The main products that United Kingdom exported to British Virgin Islands were Recreational Boats ($11.6M), Packaged Medicaments ($759k), and Beer ($397k). Over the past 5 years the exports of United Kingdom to British Virgin Islands have decreased at an annualized rate of 5.81%,  from $23.4M in 2018 to $17.3M in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $2.06M to United Kingdom. The main products exported from British Virgin Islands to United Kingdom were Recreational Boats ($1.36M), Knit Socks and Hosiery ($372k), and Precious Metal Scraps ($85.9k). During the last 5 years the exports of British Virgin Islands to United Kingdom have decreased at an annualized rate of 14.5%, from $4.51M in 2018 to $2.06M in 2023.

In 2018, United Kingdom exported $17.3M to British Virgin Islands. The main products exported from United Kingdom to British Virgin Islands were Recreational Boats ($11.6M), Packaged Medicaments ($759k), and Beer ($397k). During the last 5 years the exports of United Kingdom to British Virgin Islands have decreased at an annualized rate of 5.81%, from $23.4M in 2023 to $17.3M in 2018.

Exports from British Virgin Islands (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to British Virgin Islands (Flag) (2023)

Latest Data

Trade between British Virgin Islands (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
British Virgin Islands
Top DestinationMalta$93.7M
United Kingdom
Top DestinationUnited States$59.7B

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

In 2023, no countries were registered that imported more from British Virgin Islands than from United Kingdom.

In 2023, countries that imported more from United Kingdom than British Virgin Islands included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

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

Comparative Advantage British Virgin Islands - United Kingdom

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with United Kingdom in the exports of Transportation ($1.38M), Textiles ($377k), and Machines ($120k).

During 2018, United Kingdom had a large net trade with British Virgin Islands in the exports of Transportation ($11.9M), Foodstuffs ($1.9M), and Machines ($1.2M).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and United Kingdom (Flag) (2023)

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