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2022
Flag → Flag
Exports $480Rnk 84 / 90
2022
Flag → Flag
Top Product $480Hard Liquor
2022
Flag → Flag
Exports $157kRnk 155 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
Flag
 GDP$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186

About

British Virgin Islands-Nicaragua Trade: In 2022, British Virgin Islands exported $480 to Nicaragua. The main products that British Virgin Islands exported to Nicaragua were Hard Liquor ($480). Over the past 12 years the exports of British Virgin Islands to Nicaragua have increased at an annualized rate of 42.2%, from $7 in 2010 to $480 in 2022.

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

Nicaragua-British Virgin Islands Trade: In 2022, Nicaragua exported $157k to British Virgin Islands. The main products that Nicaragua exported to British Virgin Islands were N/A. Over the past 12 years the exports of Nicaragua to British Virgin Islands have decreased at an annualized rate of 25.1%,  from $662k in 2010 to $157k in 2022.

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

Comparison In 2022,  British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. That same year, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $480 to Nicaragua. The main products exported from British Virgin Islands to Nicaragua were Hard Liquor ($480). During the last 12 years the exports of British Virgin Islands to Nicaragua have increased at an annualized rate of 42.2%, from $7 in 2010 to $480 in 2022.

In 2016, Nicaragua exported $157k to British Virgin Islands. There were not main exports from Nicaragua to British Virgin Islands in 2016. During the last 5 years the exports of Nicaragua to British Virgin Islands have decreased at an annualized rate of 25.1%, from $662k in 2021 to $157k in 2016.

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

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

Latest Data

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

Nicaragua Exports

Market Competitiveness

Color
British Virgin Islands
Top DestinationMalta$85.8M
Nicaragua
Top DestinationUnited States$4.09B

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

In 2022, countries that imported more from British Virgin Islands than Nicaragua included Malta ($85.8M), Brazil ($23M), and Egypt ($12.2M).

In 2022, countries that imported more from Nicaragua than British Virgin Islands included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

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

Comparative Advantage British Virgin Islands - Nicaragua

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Nicaragua in the exports of Foodstuffs ($480).

During 2016, Nicaragua had a large net trade with British Virgin Islands in the exports of .

Economic Complexity

Competitive Landscape

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

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

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