2023
Flag
 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

British Virgin Islands-Malaysia Trade: In 2023, British Virgin Islands exported $6.15k to Malaysia. The main products that British Virgin Islands exported to Malaysia were Excavation Machinery ($5.71k) and Other toys ($438). Over the past 5 years the exports of British Virgin Islands to Malaysia have decreased at an annualized rate of 69.2%, from $2.21M in 2018 to $6.15k in 2023.

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

Malaysia-British Virgin Islands Trade: In 2023, Malaysia exported $334k to British Virgin Islands. The main products that Malaysia exported to British Virgin Islands were Broadcasting Equipment ($274k), Other Edible Preparations ($25.5k), and Waterproof Footwear ($25.2k). Over the past 5 years the exports of Malaysia to British Virgin Islands have increased at an annualized rate of 34%,  from $77.2k in 2018 to $334k in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $6.15k to Malaysia. The main products exported from British Virgin Islands to Malaysia were Excavation Machinery ($5.71k) and Other toys ($438). During the last 5 years the exports of British Virgin Islands to Malaysia have decreased at an annualized rate of 69.2%, from $2.21M in 2018 to $6.15k in 2023.

In 2018, Malaysia exported $334k to British Virgin Islands. The main products exported from Malaysia to British Virgin Islands were Broadcasting Equipment ($274k), Other Edible Preparations ($25.5k), and Waterproof Footwear ($25.2k). During the last 5 years the exports of Malaysia to British Virgin Islands have increased at an annualized rate of 34%, from $77.2k in 2023 to $334k in 2018.

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

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

Latest Data

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

Malaysia Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Malaysia
Top Destination
China$79.8B

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

In 2023, countries that imported more from British Virgin Islands than Malaysia included Malta ($93.7M), Guyana ($61.6M), and Bahamas ($1.59M).

In 2023, countries that imported more from Malaysia than British Virgin Islands included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage British Virgin Islands - Malaysia

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Malaysia in the exports of Machines ($5.71k) and Miscellaneous ($438).

During 2018, Malaysia had a large net trade with British Virgin Islands in the exports of Machines ($274k), Foodstuffs ($26.7k), and Footwear and Headwear ($25.3k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with