Flag British Virgin Islands / Paraguay Flag

Exports Flag β†’ Flag  (2017): $133k, Rnk 45 / 77

Top Product Flag β†’ Flag (2017): $113k, Railway Cargo Containers

Exports Flag β†’ Flag (2018): $454k, Rnk 89 / 141

Top Product Flag β†’ Flag (2018): $454k, Rolled Tobacco

Economic Complexity of Flag (2018): ECI -0.48, Rnk 87 / 137

GDP Flag (2018): $40.5B, CURRENT US$
Rnk 94 / 196

GDP GROWTH Flag (2008-2018): 64.8%, CURRENT US$
Rnk 63 / 196

GDP PC Flag (2018): $5,822, CURRENT US$
Rnk 106 / 196

GDP PC GROWTH Flag (2008-2018): 44%, CURRENT US$
Rnk 53 / 196

British Virgin Islands-Paraguay: In 2017, British Virgin Islands exported $133k to Paraguay. The main products that British Virgin Islands exported to Paraguay are Railway Cargo Containers ($113k) and Ketones and Quinones ($19.9k). During the last 21 years the exports of British Virgin Islands to Paraguay have increased at an annualized rate of 3.92%, from $59.4k in 1996 to $133k in 2017.

In 2017, British Virgin Islands did not exported services to Paraguay.

Paraguay-British Virgin Islands: In 2017, Paraguay exported $454k to British Virgin Islands . The main products that Paraguay exported to British Virgin Islands were Rolled Tobacco ($454k). During the last 21 years the exports of British Virgin Islands to Paraguay have increased at an annualized rate of 3.92%, from $59.4k in 1996 to $133k in 2017.

In 2017, Paraguay did not exported services to British Virgin Islands.

Comparison: In 2018,  British Virgin Islands ranked 174 in total exports ($198M), and does not have data regarding Economic Complexity Index. That same year, Paraguay ranked 87 in the Economic Complexity Index (ECI -0.48), and 101 in total exports ($7.14B).

Bilateral Trade by Products

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Depth
Value

In 2017, British Virgin Islands exported $133k to Paraguay. The main products exported from British Virgin Islands to Paraguay were Railway Cargo Containers ($113k) and Ketones and Quinones ($19.9k). During the last 21 years the exports of British Virgin Islands to Paraguay have increased at an annualized rate of 3.92%, from $59.4k in 1996 to $133k in 2017.

In 2018, Paraguay exported $454k to British Virgin Islands. The main products exported from Paraguay to British Virgin Islands were Rolled Tobacco ($454k). During the last 23 years the exports of Paraguay to British Virgin Islands have decreased at an annualized rate of 4.37%, from $1.16M in 1995 to $454k in 2018.

Market Competitiveness

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Measure

British Virgin Islands
Top Destination
: Cyprus, $30M

Paraguay
Top Destination
: Argentina, $1.73B

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

In 2018, countries that imported more from British Virgin Islands than Paraguay were Cyprus ($30M), Malta ($17.8M), and Costa Rica ($12.4M).

In 2018, countries that imported more from Paraguay than British Virgin Islands were Argentina ($1.73B), Brazil ($1.17B), and Russia ($785M).

Comparative Advantage British Virgin Islands - Paraguay

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Depth

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

During 2017, British Virgin Islands had a large net trade with Paraguay in the exports of Transportation ($113k) and Chemical Products ($19.9k).

During 2018, Paraguay had a large net trade with British Virgin Islands in the exports of Foodstuffs ($454k).

Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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