In 2019, British Virgin Islands exported a total of $359M, making it the number 170 exporter in the world. During the last five reported years the exports of British Virgin Islands have changed by -$95.8M from $455M in 2014 to $359M in 2019.
In 2019 British Virgin Islands imported $1.55B, making it the number 165 trade destination in the world. During the last five reported years the imports of British Virgin Islands changed by -$850M from $2.4B in 2014 to $1.55B in 2019.
British Virgin Islands has a high level of specialization in Recreational Boats (564), Tug Boats (69), Precious Stones (52.5), Halogens (43.7), and Paintings (26.8). Specialization is measured using RCA, an index that takes the ratio between British Virgin Islands observed and expected exports in each product.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.