2023
Flag
 GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
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2023
Flag
GDP PC
$20,765CURRENT US$
Rnk 63 / 196
2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
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About

British Virgin Islands-Guyana Trade: In 2023, British Virgin Islands exported $61.6M to Guyana. The main products that British Virgin Islands exported to Guyana were Refined Petroleum ($49.8M), Molasses ($11.6M), and Cement ($93.5k). Over the past 5 years the exports of British Virgin Islands to Guyana have increased at an annualized rate of 187%, from $318k in 2018 to $61.6M in 2023.

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

Guyana-British Virgin Islands Trade: In 2023, Guyana exported $602k to British Virgin Islands. The main products that Guyana exported to British Virgin Islands were Hard Liquor ($149k), Sawn Wood ($141k), and Shaped Wood ($62.8k). Over the past 5 years the exports of Guyana to British Virgin Islands have decreased at an annualized rate of 36.6%,  from $5.85M in 2018 to $602k in 2023.

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

Comparison In 2023,  British Virgin Islands ranked 178 in total exports ($281M). That same year, Guyana ranked 84 in total exports ($17.4B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $61.6M to Guyana. The main products exported from British Virgin Islands to Guyana were Refined Petroleum ($49.8M), Molasses ($11.6M), and Cement ($93.5k). During the last 5 years the exports of British Virgin Islands to Guyana have increased at an annualized rate of 187%, from $318k in 2018 to $61.6M in 2023.

In 2018, Guyana exported $602k to British Virgin Islands. The main products exported from Guyana to British Virgin Islands were Hard Liquor ($149k), Sawn Wood ($141k), and Shaped Wood ($62.8k). During the last 5 years the exports of Guyana to British Virgin Islands have decreased at an annualized rate of 36.6%, from $5.85M in 2023 to $602k in 2018.

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

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

Latest Data

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

Guyana Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Guyana
Top Destination
United States$3.51B

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

In 2023, countries that imported more from British Virgin Islands than Guyana included Malta ($93.7M), Indonesia ($11.5M), and Switzerland ($9.02M).

In 2023, countries that imported more from Guyana than British Virgin Islands included United States ($3.51B), Trinidad and Tobago ($1.9B), and Netherlands ($1.82B).

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

Comparative Advantage British Virgin Islands - Guyana

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Guyana in the exports of Mineral Products ($50M), Foodstuffs ($11.6M), and Machines ($53.2k).

During 2018, Guyana had a large net trade with British Virgin Islands in the exports of Wood Products ($237k), Foodstuffs ($234k), and Mineral Products ($56k).

Economic Complexity

Competitive Landscape

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

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

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