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Pricing

2023
Flag → Flag
Exports $21kRnk 58 / 82
2023
Flag → Flag
Top Product $18.4kPortable Lighting
2023
Flag → Flag
Exports $39.8MRnk 43 / 191
2023
Flag → Flag
Top Product $39.4MPlanes, Helicopters, and/or Spacecraft
2023
Flag
 GDP$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH31.5%CURRENT US$
Rnk 111 / 195
2023
Flag
GDP PC$128,678CURRENT US$
Rnk 2 / 196
2013-2023
Flag
GDP PC GROWTH7.23%CURRENT US$
Rnk 143 / 195

About

British Virgin Islands-Luxembourg Trade: In 2023, British Virgin Islands exported $21k to Luxembourg. The main products that British Virgin Islands exported to Luxembourg were Portable Lighting ($18.4k), Light Fixtures ($1.81k), and Crustaceans ($196). Over the past 5 years the exports of British Virgin Islands to Luxembourg have decreased at an annualized rate of 15%, from $47.3k in 2018 to $21k in 2023.

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

Luxembourg-British Virgin Islands Trade: In 2023, Luxembourg exported $39.8M to British Virgin Islands. The main products that Luxembourg exported to British Virgin Islands were Planes, Helicopters, and/or Spacecraft ($39.4M) and Wine ($382k). Over the past 5 years the exports of Luxembourg to British Virgin Islands have increased at an annualized rate of 2.41k%,  from $4 in 2018 to $39.8M in 2023.

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

Comparison In 2023,  British Virgin Islands ranked 178 in total exports ($281M). That same year, Luxembourg ranked 82 in total exports ($18.9B). 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 $21k to Luxembourg. The main products exported from British Virgin Islands to Luxembourg were Portable Lighting ($18.4k), Light Fixtures ($1.81k), and Crustaceans ($196). During the last 5 years the exports of British Virgin Islands to Luxembourg have decreased at an annualized rate of 15%, from $47.3k in 2018 to $21k in 2023.

In 2018, Luxembourg exported $39.8M to British Virgin Islands. The main products exported from Luxembourg to British Virgin Islands were Planes, Helicopters, and/or Spacecraft ($39.4M) and Wine ($382k). During the last 5 years the exports of Luxembourg to British Virgin Islands have increased at an annualized rate of 2.41k%, from $4 in 2023 to $39.8M in 2018.

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

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

Latest Data

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

Luxembourg Exports

Market Competitiveness

Color
British Virgin Islands
Top DestinationMalta$93.7M
Luxembourg
Top DestinationGermany$3.42B

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

In 2023, countries that imported more from British Virgin Islands than Luxembourg included Malta ($93.7M), Guyana ($61.6M), and Barbados ($4.1M).

In 2023, countries that imported more from Luxembourg than British Virgin Islands included Germany ($3.42B), France ($2.8B), and Belgium ($1.59B).

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

Comparative Advantage British Virgin Islands - Luxembourg

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Luxembourg in the exports of Machines ($18.5k), Miscellaneous ($1.96k), and Animal Products ($196).

During 2018, Luxembourg had a large net trade with British Virgin Islands in the exports of Transportation ($39.4M) and Foodstuffs ($382k).

Economic Complexity

Competitive Landscape

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

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

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