2022
Flag
 GDP
$71.2BCURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
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2022
Flag
GDP PC
$20,795CURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP PC GROWTH
29.3%CURRENT US$
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About

British Virgin Islands-Uruguay Trade: In 2022, British Virgin Islands exported $17k to Uruguay. The main products that British Virgin Islands exported to Uruguay were Other Plastic Products ($17k). Over the past 5 years the exports of British Virgin Islands to Uruguay have decreased at an annualized rate of 45.4%, from $351k in 2017 to $17k in 2022.

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

Uruguay-British Virgin Islands Trade: In 2022, Uruguay exported $14.6k to British Virgin Islands. The main products that Uruguay exported to British Virgin Islands were N/A. Over the past 5 years the exports of Uruguay to British Virgin Islands have decreased at an annualized rate of 27.6%,  from $73.6k in 2017 to $14.6k in 2022.

In 2022, Uruguay 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, Uruguay ranked 57 in the Economic Complexity Index (ECI 0.15), and 98 in total exports ($12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $17k to Uruguay. The main products exported from British Virgin Islands to Uruguay were Other Plastic Products ($17k). During the last 5 years the exports of British Virgin Islands to Uruguay have decreased at an annualized rate of 45.4%, from $351k in 2017 to $17k in 2022.

In 2016, Uruguay exported $14.6k to British Virgin Islands. There were not main exports from Uruguay to British Virgin Islands in 2016. During the last 5 years the exports of Uruguay to British Virgin Islands have decreased at an annualized rate of 27.6%, from $73.6k in 2021 to $14.6k in 2016.

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

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

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Uruguay
Top Destination
China$2.89B

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

In 2022, countries that imported more from British Virgin Islands than Uruguay included Malta ($85.8M), Zimbabwe ($5.02M), and Cyprus ($3.02M).

In 2022, countries that imported more from Uruguay than British Virgin Islands included China ($2.89B), Brazil ($1.69B), and Argentina ($999M).

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

Comparative Advantage British Virgin Islands - Uruguay

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Uruguay in the exports of Plastics and Rubbers ($17k).

During 2016, Uruguay 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 Uruguay. This means that a dot/product with the flag of British Virgin Islands indicates it has a comparative advantage over Uruguay. Similarly, a dot/product with the flag of Uruguay indicates it has a comparative advantage over British Virgin Islands.

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

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