British Virgin Islands (VGB) and Russia (RUS) Trade | The Observatory of Economic Complexity

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British Virgin Islands-Russia In 2021, British Virgin Islands exported $15.8k to Russia. The main products that British Virgin Islands exported to Russia are N/A. During the last 25 years the exports of British Virgin Islands to Russia have decreased at an annualized rate of 22.1%, from $7.99M in 1996 to $15.8k in 2021.

In 2021, British Virgin Islands did not export any services to Russia.

Russia-British Virgin Islands In 2021, Russia exported $12.6M to British Virgin Islands. The main products that Russia exported to British Virgin Islands were N/A. During the last 25 years the exports of Russia to British Virgin Islands have decreased at an annualized rate of 17.6%, from $1.62B in 1996 to $12.6M in 2021.

In 2020, Russia exported services to British Virgin Islands worth $219M, with Other business services ($93.8M), Transportation ($80.9M), and Computer and information services ($14.8M) being the largest in terms of value.

Comparison In 2022, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, British Virgin Islands exported $15.8k to Russia. There were not main exports from British Virgin Islands to Russia in 2021. During the last 25 years the exports of British Virgin Islands to Russia have decreased at an annualized rate of 22.1%, from $7.99M in 1996 to $15.8k in 2021.

In 2021, Russia exported $12.6M to British Virgin Islands. There were not main exports from Russia to British Virgin Islands in 2021. During the last 25 years the exports of Russia to British Virgin Islands have decreased at an annualized rate of 17.6%, from $1.62B in 1996 to $12.6M in 2021.

Exports from British Virgin Islands () to Russia () (2021)

Exports from Russia () to British Virgin Islands () (2021)

Latest Data

Trade between British Virgin Islands () and Russia ()

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Virgin Islands
Top DestinationMalta$85.8M

Russia
Top DestinationChina$101B

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

In 2021, countries that imported more from British Virgin Islands than Russia were Malta ($85.8M), Bahamas ($824k), and Barbados ($253k).

In 2021, countries that imported more from Russia than British Virgin Islands were China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and British Virgin Islands () (2022)

Comparative Advantage British Virgin Islands - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, British Virgin Islands had a large net trade with Russia in the exports of .

During 2021, Russia had a large net trade with British Virgin Islands in the exports of .

Service Trade

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to British Virgin Islands worth $219M, with Other business services ($93.8M), Transportation ($80.9M), and Computer and information services ($14.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to British Virgin Islands () (2020)

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from British Virgin Islands () to Russia () (2021)

Exports from Russia () to British Virgin Islands () (2021)

Latest Data

Trade between British Virgin Islands () and Russia ()

Russia Exports

Market Competitiveness

Difference in imports from Russia () and British Virgin Islands () (2022)

Comparative Advantage British Virgin Islands - Russia

Service Trade

Bilateral Service Trade

Services Exports from Russia () to British Virgin Islands () (2020)

Economic Complexity

Competitive Landscape

Product Space of British Virgin Islands () and Russia () (2021)

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