2023
Flag  
GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
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GDP PC 
$6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195

About

South Africa-British Virgin Islands Trade: In 2023, South Africa exported $35.7M to British Virgin Islands. The main products that South Africa exported to British Virgin Islands were Recreational Boats ($34.7M), Chemical Analysis Instruments ($154k), and Fruit Juice ($136k). Over the past 5 years the exports of South Africa to British Virgin Islands have decreased at an annualized rate of 1%, from $37.5M in 2018 to $35.7M in 2023.

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

British Virgin Islands-South Africa Trade: In 2023, British Virgin Islands exported $1.44M to South Africa. The main products that British Virgin Islands exported to South Africa were Railway Cargo Containers ($1.23M), Sculptures ($98.5k), and Paintings ($29.8k). Over the past 5 years the exports of British Virgin Islands to South Africa have decreased at an annualized rate of 15.6%,  from $3.37M in 2018 to $1.44M in 2023.

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

Comparison In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07),  and 34 in total exports ($154B). That same year, British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $35.7M to British Virgin Islands. The main products exported from South Africa to British Virgin Islands were Recreational Boats ($34.7M), Chemical Analysis Instruments ($154k), and Fruit Juice ($136k). During the last 5 years the exports of South Africa to British Virgin Islands have decreased at an annualized rate of 1%, from $37.5M in 2018 to $35.7M in 2023.

In 2018, British Virgin Islands exported $1.44M to South Africa. The main products exported from British Virgin Islands to South Africa were Railway Cargo Containers ($1.23M), Sculptures ($98.5k), and Paintings ($29.8k). During the last 5 years the exports of British Virgin Islands to South Africa have decreased at an annualized rate of 15.6%, from $3.37M in 2023 to $1.44M in 2018.

Exports from South Africa (Flag) to British Virgin Islands (Flag) (2023)

Exports from British Virgin Islands (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top Destination
China$29.5B
British Virgin Islands
Top Destination
Malta$93.7M

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

In 2023, countries that imported more from South Africa than British Virgin Islands included China ($29.5B), United States ($13B), and India ($10.8B).

In 2023, countries that imported more from British Virgin Islands than South Africa included Malta ($93.7M), Guyana ($61.6M), and Montserrat ($18.4k).

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

Comparative Advantage South Africa - British Virgin Islands

Flow
Scale

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

During 2023, South Africa had a large net trade with British Virgin Islands in the exports of Transportation ($34.7M), Foodstuffs ($267k), and Instruments ($161k).

During 2018, British Virgin Islands had a large net trade with South Africa in the exports of Transportation ($1.23M), Arts and Antiques ($139k), and Machines ($74k).

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and British Virgin Islands (Flag) (2023)

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