2023
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 GDP
$79.1BCURRENT US$
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2013-2023
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GDP GROWTH
73.2%CURRENT US$
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2023
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GDP PC
$1,224CURRENT US$
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2013-2023
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GDP PC GROWTH
27.1%CURRENT US$
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About

British Virgin Islands-Tanzania Trade: In 2023, British Virgin Islands exported $61.8k to Tanzania. The main products that British Virgin Islands exported to Tanzania were Cars ($30.6k), Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($21.1k), and Motor vehicles; parts and accessories (8701 to 8705) ($6.12k). Over the past 7 years the exports of British Virgin Islands to Tanzania have decreased at an annualized rate of 9.83%, from $128k in 2016 to $61.8k in 2023.

In 2023, British Virgin Islands did not export any services to Tanzania.

Tanzania-British Virgin Islands Trade: In 2023, Tanzania exported $10k to British Virgin Islands. The main products that Tanzania exported to British Virgin Islands were N/A. Over the past 7 years the exports of Tanzania to British Virgin Islands have decreased at an annualized rate of 34%,  from $2.22M in 2016 to $10k in 2023.

In 2023, Tanzania did not export any services to British Virgin Islands.

Comparison In 2023,  British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index. That same year, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $61.8k to Tanzania. The main products exported from British Virgin Islands to Tanzania were Cars ($30.6k), Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($21.1k), and Motor vehicles; parts and accessories (8701 to 8705) ($6.12k). During the last 7 years the exports of British Virgin Islands to Tanzania have decreased at an annualized rate of 9.83%, from $128k in 2016 to $61.8k in 2023.

In 2017, Tanzania exported $10k to British Virgin Islands. There were not main exports from Tanzania to British Virgin Islands in 2017. During the last 5 years the exports of Tanzania to British Virgin Islands have decreased at an annualized rate of 34%, from $2.22M in 2022 to $10k in 2017.

Exports from British Virgin Islands (Flag) to Tanzania (Flag) (2023)

Exports from Tanzania (Flag) to British Virgin Islands (Flag) (2023)

Latest Data

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

Tanzania Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Tanzania
Top Destination
India$1.74B

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

In 2023, countries that imported more from British Virgin Islands than Tanzania included Malta ($93.7M), Guyana ($61.6M), and Greece ($30.3M).

In 2023, countries that imported more from Tanzania than British Virgin Islands included India ($1.74B), United Arab Emirates ($1.62B), and Uganda ($1.35B).

Difference in imports from Tanzania (Flag) and British Virgin Islands (Flag) (2023)

Comparative Advantage British Virgin Islands - Tanzania

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Tanzania in the exports of Transportation ($57.8k) and Foodstuffs ($4k).

During 2017, Tanzania had a large net trade with British Virgin Islands in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Tanzania (Flag) (2023)

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