2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

British Virgin Islands-Sweden Trade: In 2022, British Virgin Islands exported $115k to Sweden. The main products that British Virgin Islands exported to Sweden were Other Slag and Ash ($68.5k), Leather Footwear ($27.1k), and Rubber Footwear ($10.5k). Over the past 5 years the exports of British Virgin Islands to Sweden have decreased at an annualized rate of 41%, from $1.61M in 2017 to $115k in 2022.

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

Sweden-British Virgin Islands Trade: In 2022, Sweden exported $2.03M to British Virgin Islands. The main products that Sweden exported to British Virgin Islands were Recreational Boats ($1.69M), Paintings ($127k), and Other Heating Machinery ($81k). Over the past 5 years the exports of Sweden to British Virgin Islands have increased at an annualized rate of 7.02%,  from $1.45M in 2017 to $2.03M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $115k to Sweden. The main products exported from British Virgin Islands to Sweden were Other Slag and Ash ($68.5k), Leather Footwear ($27.1k), and Rubber Footwear ($10.5k). During the last 5 years the exports of British Virgin Islands to Sweden have decreased at an annualized rate of 41%, from $1.61M in 2017 to $115k in 2022.

In 2017, Sweden exported $2.03M to British Virgin Islands. The main products exported from Sweden to British Virgin Islands were Recreational Boats ($1.69M), Paintings ($127k), and Other Heating Machinery ($81k). During the last 5 years the exports of Sweden to British Virgin Islands have increased at an annualized rate of 7.02%, from $1.45M in 2022 to $2.03M in 2017.

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

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

Latest Data

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

Sweden Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Sweden
Top Destination
Germany$19.2B

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

In 2022, countries that imported more from British Virgin Islands than Sweden included Malta ($85.8M) and Montserrat ($24.9k).

In 2022, countries that imported more from Sweden than British Virgin Islands included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage British Virgin Islands - Sweden

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Sweden in the exports of Mineral Products ($68.5k), Footwear and Headwear ($44.2k), and Metals ($2.1k).

During 2017, Sweden had a large net trade with British Virgin Islands in the exports of Transportation ($1.69M), Arts and Antiques ($127k), and Machines ($125k).

Economic Complexity

Competitive Landscape

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

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

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