2022
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 GDP
$467BCURRENT US$
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2012-2022
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58.2%CURRENT US$
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2022
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$82,808CURRENT US$
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49.1%CURRENT US$
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About

British Virgin Islands-Singapore In 2022, British Virgin Islands exported $7.46k to Singapore. The main products that British Virgin Islands exported to Singapore are Railway Cargo Containers ($4.76k), Optical Fibers and optical fibre bundles ($1.36k), and Iron Pipe Fittings ($840). During the last 21 years the exports of British Virgin Islands to Singapore have decreased at an annualized rate of 9.14%, from $55.8k in 2001 to $7.46k in 2022.

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

Singapore-British Virgin Islands In 2022, Singapore exported $174k to British Virgin Islands. The main products that Singapore exported to British Virgin Islands were LCDs ($49.2k), Broadcasting Equipment ($46.5k), and Cars ($35.7k). During the last 21 years the exports of Singapore to British Virgin Islands have increased at an annualized rate of 1.51%, from $127k in 2001 to $174k in 2022.

In 2022, Singapore 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, Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $7.46k to Singapore. The main products exported from British Virgin Islands to Singapore were Railway Cargo Containers ($4.76k), Optical Fibers and optical fibre bundles ($1.36k), and Iron Pipe Fittings ($840). During the last 21 years the exports of British Virgin Islands to Singapore have decreased at an annualized rate of 9.14%, from $55.8k in 2001 to $7.46k in 2022.

In 2022, Singapore exported $174k to British Virgin Islands. The main products exported from Singapore to British Virgin Islands were LCDs ($49.2k), Broadcasting Equipment ($46.5k), and Cars ($35.7k). During the last 23 years the exports of Singapore to British Virgin Islands have increased at an annualized rate of 1.51%, from $127k in 1999 to $174k in 2022.

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

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

Latest Data

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

Singapore Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Singapore
Top Destination
Hong Kong$51.6B

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

In 2021, countries that imported more from British Virgin Islands than Singapore were Malta ($85.8M).

In 2021, countries that imported more from Singapore than British Virgin Islands were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage British Virgin Islands - Singapore

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Singapore in the exports of Transportation ($4.76k), Instruments ($1.36k), and Metals ($850).

During 2022, Singapore had a large net trade with British Virgin Islands in the exports of Machines ($78.5k), Instruments ($49.2k), and Transportation ($35.7k).

Economic Complexity

Competitive Landscape

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 Singapore. Similarly, the more yellow a dot/product is, the more Singapore has comparative advantage over British Virgin Islands.

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

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