2023
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GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
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GDP GROWTH
-12.1%CURRENT US$
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2023
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GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
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GDP PC GROWTH
-17.4%CURRENT US$
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About

Brazil-British Virgin Islands Trade: In 2023, Brazil exported $16.5M to British Virgin Islands. The main products that Brazil exported to British Virgin Islands were Soybeans ($10.7M), Paintings ($1.74M), and Wheat ($1.15M). Over the past 5 years the exports of Brazil to British Virgin Islands have decreased at an annualized rate of 10.7%, from $29.1M in 2018 to $16.5M in 2023.

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

British Virgin Islands-Brazil Trade: In 2023, British Virgin Islands exported $2.7M to Brazil. The main products that British Virgin Islands exported to Brazil were Printed Circuit Boards ($1.27M), Acrylic Polymers ($727k), and Cement ($412k). Over the past 5 years the exports of British Virgin Islands to Brazil have increased at an annualized rate of 9.36%,  from $1.73M in 2018 to $2.7M in 2023.

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

Comparison In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31),  and 22 in total exports ($355B). 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, Brazil exported $16.5M to British Virgin Islands. The main products exported from Brazil to British Virgin Islands were Soybeans ($10.7M), Paintings ($1.74M), and Wheat ($1.15M). During the last 5 years the exports of Brazil to British Virgin Islands have decreased at an annualized rate of 10.7%, from $29.1M in 2018 to $16.5M in 2023.

In 2018, British Virgin Islands exported $2.7M to Brazil. The main products exported from British Virgin Islands to Brazil were Printed Circuit Boards ($1.27M), Acrylic Polymers ($727k), and Cement ($412k). During the last 5 years the exports of British Virgin Islands to Brazil have increased at an annualized rate of 9.36%, from $1.73M in 2023 to $2.7M in 2018.

Exports from Brazil (Flag) to British Virgin Islands (Flag) (2023)

Exports from British Virgin Islands (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top Destination
China$106B
British Virgin Islands
Top Destination
Malta$93.7M

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

In 2023, countries that imported more from Brazil than British Virgin Islands included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, no countries were registered that imported more from British Virgin Islands than from Brazil.

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

Comparative Advantage Brazil - British Virgin Islands

Flow
Scale

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

During 2023, Brazil had a large net trade with British Virgin Islands in the exports of Vegetable Products ($13M), Arts and Antiques ($2.22M), and Animal Products ($630k).

During 2018, British Virgin Islands had a large net trade with Brazil in the exports of Machines ($1.36M), Plastics and Rubbers ($727k), and Mineral Products ($412k).

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and British Virgin Islands (Flag) (2023)

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