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Pricing

2022
Flag → Flag
Exports $4.33kRnk 69 / 90
2022
Flag → Flag
Top Product $4.3kHard Liquor
2022
Flag → Flag
Exports $415kRnk 31 / 0
2022
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 GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
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GDP PC$72,903CURRENT US$
Rnk 9 / 186
2012-2022
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GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

About

British Virgin Islands-Iceland In 2022, British Virgin Islands exported $4.33k to Iceland. The main products that British Virgin Islands exported to Iceland are Hard Liquor ($4.3k) and Coin ($36). During the last 26 years the exports of British Virgin Islands to Iceland have increased at an annualized rate of 7.65%, from $637 in 1996 to $4.33k in 2022.

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

Iceland-British Virgin Islands In 2022, Iceland exported $415k to British Virgin Islands. The main products that Iceland exported to British Virgin Islands were N/A. During the last 26 years the exports of Iceland to British Virgin Islands have increased at an annualized rate of 18.9%, from $4.58k in 1996 to $415k in 2022.

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

Comparison In 2022,  British Virgin Islands ranked 185 in total exports ($206M). That same year, Iceland ranked 116 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $4.33k to Iceland. The main products exported from British Virgin Islands to Iceland were Hard Liquor ($4.3k) and Coin ($36). During the last 26 years the exports of British Virgin Islands to Iceland have increased at an annualized rate of 7.65%, from $637 in 1996 to $4.33k in 2022.

In 2021, Iceland exported $415k to British Virgin Islands. There were not main exports from Iceland to British Virgin Islands in 2021. During the last 26 years the exports of Iceland to British Virgin Islands have increased at an annualized rate of 18.9%, from $4.58k in 1995 to $415k in 2021.

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

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

Latest Data

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

Iceland Exports

Market Competitiveness

Color
British Virgin Islands
Top DestinationMalta$85.8M
Iceland
Top DestinationNetherlands$1.97B

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

In 2021, countries that imported more from British Virgin Islands than Iceland were Malta ($85.8M), Brazil ($23M), and Egypt ($12.2M).

In 2021, countries that imported more from Iceland than British Virgin Islands were Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

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

Comparative Advantage British Virgin Islands - Iceland

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Iceland in the exports of Foodstuffs ($4.3k) and Precious Metals ($36).

During 2021, Iceland had a large net trade with British Virgin Islands in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more British Virgin Islands has comparative advantage over Iceland. Similarly, the more yellow a dot/product is, the more Iceland has comparative advantage over British Virgin Islands.

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

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