2021
Exports | Imports
$3.68M | $124MWorld Rnk 147 / 218
Flag Rnk 6 / 398
World Rnk 163 / 226
Flag Rnk 2 / 771
2021
PRODUCT COMPLEXITY IN Refined Petroleum
-0.99Rnk 831 / 1024

About

Exports In 2021, British Virgin Islands exported $3.68M in Refined Petroleum, making it the 147th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 6th most exported product in British Virgin Islands. The main destination of Refined Petroleum exports from British Virgin Islands are: Zimbabwe ($1.81M), Barbados ($1.67M), Georgia ($194k), and Saint Vincent and the Grenadines ($456).

The fastest growing export markets for Refined Petroleum of British Virgin Islands between 2020 and 2021 were Zimbabwe ($1.72M), Barbados ($1.67M), and Georgia ($194k).

Imports In 2021, British Virgin Islands imported $124M in Refined Petroleum, becoming the 163rd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in British Virgin Islands. British Virgin Islands imports Refined Petroleum primarily from: United States ($82.6M), Colombia ($28.8M), Jamaica ($7.44M), Trinidad and Tobago ($4.86M), and Turkey ($105k).

The fastest growing import markets in Refined Petroleum for British Virgin Islands between 2020 and 2021 were United States ($58.7M), Colombia ($28.8M), and Jamaica ($7.44M).

Latest Trends

Dec 2023

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$3.68M
IMPORTS (2021)$124M
NET TRADE (2021)-$120M

In 2021, British Virgin Islands exported $3.68M in Refined Petroleum. The main destinations of British Virgin Islands exports on Refined Petroleum were Zimbabwe ($1.81M), Barbados ($1.67M), Georgia ($194k), and Saint Vincent and the Grenadines ($456).

In 2021, British Virgin Islands imported $124M in Refined Petroleum, mainly from United States ($82.6M), Colombia ($28.8M), Jamaica ($7.44M), Trinidad and Tobago ($4.86M), and Turkey ($105k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR British Virgin Islands WERE (2020 - 2021):
Zimbabwe$1.72M (1.99k%)
Barbados$1.67M (1%)
Georgia$194k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY British Virgin Islands WERE (2020 - 2021):
Dominican Republic-$12.7M (-100%)
Mozambique-$698k (-100%)
Trinidad and Tobago-$16.9k (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, British Virgin Islands's main exporting competitors in Refined Petroleum were:
In 2021, British Virgin Islands's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

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