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About

British Virgin Islands-Thailand In 2022, British Virgin Islands exported $69.7k to Thailand. The main products that British Virgin Islands exported to Thailand are Thermostats ($69.4k), Other Knit Clothing Accessories ($99), and Newspapers ($82). During the last 26 years the exports of British Virgin Islands to Thailand have increased at an annualized rate of 11.7%, from $3.91k in 1996 to $69.7k in 2022.

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

Thailand-British Virgin Islands In 2022, Thailand exported $1.34M to British Virgin Islands. The main products that Thailand exported to British Virgin Islands were Delivery Trucks ($943k), Special purpose motor vehicles ($70.7k), and Cars ($66.2k). During the last 26 years the exports of Thailand to British Virgin Islands have increased at an annualized rate of 6.32%, from $271k in 1996 to $1.34M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $69.7k to Thailand. The main products exported from British Virgin Islands to Thailand were Thermostats ($69.4k), Other Knit Clothing Accessories ($99), and Newspapers ($82). During the last 26 years the exports of British Virgin Islands to Thailand have increased at an annualized rate of 11.7%, from $3.91k in 1996 to $69.7k in 2022.

In 2022, Thailand exported $1.34M to British Virgin Islands. The main products exported from Thailand to British Virgin Islands were Delivery Trucks ($943k), Special purpose motor vehicles ($70.7k), and Cars ($66.2k). During the last 27 years the exports of Thailand to British Virgin Islands have increased at an annualized rate of 6.32%, from $271k in 1995 to $1.34M in 2022.

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

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

Latest Data

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

Thailand Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Thailand
Top Destination
United States$53.4B

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

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

In 2021, countries that imported more from Thailand than British Virgin Islands were United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage British Virgin Islands - Thailand

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Thailand in the exports of Instruments ($69.4k), Textiles ($99), and Paper Goods ($82).

During 2022, Thailand had a large net trade with British Virgin Islands in the exports of Transportation ($1.13M), Plastics and Rubbers ($65.3k), and Machines ($38.4k).

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

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

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