2023
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 GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
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GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 195
2023
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GDP PC
$27,331CURRENT US$
Rnk 50 / 196
2013-2023
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GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195

About

British Virgin Islands-Portugal Trade: In 2023, British Virgin Islands exported $440 to Portugal. The main products that British Virgin Islands exported to Portugal were Sports Equipment ($404), Electric Soldering Equipment ($32), and Rubber Stamps ($4). Over the past 7 years the exports of British Virgin Islands to Portugal have increased at an annualized rate of 15.9%, from $157 in 2016 to $440 in 2023.

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

Portugal-British Virgin Islands Trade: In 2023, Portugal exported $6.56M to British Virgin Islands. The main products that Portugal exported to British Virgin Islands were Recreational Boats ($6.53M), Animal Food ($4.55k), and Toilet Paper ($2.81k). Over the past 7 years the exports of Portugal to British Virgin Islands have increased at an annualized rate of 87.6%,  from $283k in 2016 to $6.56M in 2023.

In 2023, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $440 to Portugal. The main products exported from British Virgin Islands to Portugal were Sports Equipment ($404), Electric Soldering Equipment ($32), and Rubber Stamps ($4). During the last 7 years the exports of British Virgin Islands to Portugal have increased at an annualized rate of 15.9%, from $157 in 2016 to $440 in 2023.

In 2018, Portugal exported $6.56M to British Virgin Islands. The main products exported from Portugal to British Virgin Islands were Recreational Boats ($6.53M), Animal Food ($4.55k), and Toilet Paper ($2.81k). During the last 5 years the exports of Portugal to British Virgin Islands have increased at an annualized rate of 87.6%, from $283k in 2023 to $6.56M in 2018.

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

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

Latest Data

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

Portugal Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Portugal
Top Destination
Spain$17.7B

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

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

In 2023, countries that imported more from Portugal than British Virgin Islands included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Comparative Advantage British Virgin Islands - Portugal

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Portugal in the exports of Miscellaneous ($408) and Machines ($32).

During 2018, Portugal had a large net trade with British Virgin Islands in the exports of Transportation ($6.53M), Foodstuffs ($15.2k), and Vegetable Products ($3.52k).

Economic Complexity

Competitive Landscape

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

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

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