Bermuda (BMU) and British Virgin Islands (VGB) Trade | The Observatory of Economic Complexity

About

In N/A, Bermuda did not export any services to British Virgin Islands.

British Virgin Islands-Bermuda Trade: In N/A, British Virgin Islands exported $178k to Bermuda. The main products that British Virgin Islands exported to Bermuda were Flavored Water ($178k) and Baked Goods ($115). Over the past N/A years the exports of British Virgin Islands to Bermuda have increased at an annualized rate of 37.5%, from $36.3k in N/A to $178k in N/A.

In N/A, British Virgin Islands did not export any services to Bermuda.

Comparison In 2022, Bermuda ranked 199 in total exports ($68.1M). That same year, British Virgin Islands ranked 185 in total exports ($206M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Bermuda does not register exports to British Virgin Islands.

In 2017, British Virgin Islands exported $178k to Bermuda. The main products exported from British Virgin Islands to Bermuda were Flavored Water ($178k) and Baked Goods ($115). During the last 5 years the exports of British Virgin Islands to Bermuda have increased at an annualized rate of 37.5%, from $36.3k in 2022 to $178k in 2017.

Exports from Bermuda () to British Virgin Islands () (2022)

Exports from British Virgin Islands () to Bermuda () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

British Virgin Islands
Top DestinationMalta$85.8M

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

In 2022, countries that imported more from Bermuda than British Virgin Islands included Zambia ($17.5M), United States ($11.1M), and Angola ($7.13M).

In 2022, countries that imported more from British Virgin Islands than Bermuda included Malta ($85.8M), Brazil ($23M), and Switzerland ($19.1M).

Difference in imports from British Virgin Islands () and Bermuda () (2022)

Comparative Advantage Bermuda - British Virgin Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, British Virgin Islands had a large net trade with Bermuda in the exports of Foodstuffs ($178k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Bermuda and British Virgin Islands. This means that a dot/product with the flag of Bermuda 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 Bermuda.

About

Historical Data

Bilateral Trade by Products

Exports from Bermuda () to British Virgin Islands () (2022)

Exports from British Virgin Islands () to Bermuda () (2022)

Market Competitiveness

Difference in imports from British Virgin Islands () and Bermuda () (2022)

Comparative Advantage Bermuda - British Virgin Islands

Economic Complexity

Competitive Landscape

Product Space of Bermuda () and British Virgin Islands () (2022)

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