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Pricing

2023
Flag → Flag
Exports $2.97MRnk 176 / 215
2023
Flag → Flag
Top Product $656kDried/Salted/Smoked/Brined Fish
2023
Flag → Flag
Exports $415kRnk 31 / 82
2023
Flag → Flag
Top Product $175kSeed Oils
2023
Flag
Economic Complexity (ECI) ECI 0.9Rnk 30 / 132
2023
Flag  
GDP$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC $53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH1.51%CURRENT US$
Rnk 152 / 195

About

Canada-British Virgin Islands Trade: In 2023, Canada exported $2.97M to British Virgin Islands. The main products that Canada exported to British Virgin Islands were Dried/Salted/Smoked/Brined Fish ($656k), Centrifuges ($608k), and Plastic Building Materials ($312k). Over the past 5 years the exports of Canada to British Virgin Islands have decreased at an annualized rate of 3.16%, from $3.49M in 2018 to $2.97M in 2023.

In 2020, Canada exported services to British Virgin Islands worth $83.5M, with Financial services ($77.5M), Insurance services ($3.73M), and Royalties and license fees ($1.49M) being the largest in terms of value.

British Virgin Islands-Canada Trade: In 2023, British Virgin Islands exported $415k to Canada. The main products that British Virgin Islands exported to Canada were Seed Oils ($175k), Carboxylic Acids ($58k), and Railway Cargo Containers ($47.4k). Over the past 5 years the exports of British Virgin Islands to Canada have decreased at an annualized rate of 17.3%,  from $1.07M in 2018 to $415k in 2023.

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

Comparison In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9),  and 10 in total exports ($574B). That same year, British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Canada exported C$196k and imported C$22.1k from British Virgin Islands, resulting in a positive trade balance of C$173k. Between November 2023 and November 2024 the exports of Canada have increased by C$46.3k (31%) from C$149k to C$196k, while imports decreased by C$-49.2k (-69%) from C$71.2k to C$22.1k.

Trade In November 2024, the top exports of Canada to British Virgin Islands were Dried/Salted/Smoked/Brined Fish (C$145k), Wheat Flours (C$45.1k), Margarine (C$28.9k), Nonaqueous Paints (C$17k), and Liquid Pumps (C$7.78k). In November 2024 the top imports of Canada from British Virgin Islands were Seats (C$12.1k), Electric Filament (C$952), Knitted Hats (C$382), Other Women's Undergarments (C$120), and Trunks and Cases (C$75).

Origins In November 2024 the exports of Canada were mainly from British Columbia (C$66.8k), Ontario (C$63.6k), Quebec (C$40.5k), and New Brunswick (C$24.7k), while imports destinations were mainly British Columbia (C$13.6k), Ontario (C$4.78k), Quebec (C$3.25k), and Alberta (C$432).

Growth In November 2024, the increase in Canada's year-by-year exports to British Virgin Islands was explained primarily by an increase in product exports in Wheat Flours (C$21.2k or 88.5%) and Processed Cereals (C$1.5k or 60.6%). In November 2024, the decrease in Canada's year-by-year imports  from British Virgin Islands was explained primarily by an decrease in product imports  in Other Women's Undergarments (C$-105 or -46.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)C$46.3k(31%)
IMPORT GROWTH (November 2023 - November 2024)C$-49.2k(-69%)
MAIN EXPORTER (November 2024)British ColumbiaC$66.8k

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check British Virgin Islands and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $2.97M to British Virgin Islands. The main products exported from Canada to British Virgin Islands were Dried/Salted/Smoked/Brined Fish ($656k), Centrifuges ($608k), and Plastic Building Materials ($312k). During the last 5 years the exports of Canada to British Virgin Islands have decreased at an annualized rate of 3.16%, from $3.49M in 2018 to $2.97M in 2023.

In 2018, British Virgin Islands exported $415k to Canada. The main products exported from British Virgin Islands to Canada were Seed Oils ($175k), Carboxylic Acids ($58k), and Railway Cargo Containers ($47.4k). During the last 5 years the exports of British Virgin Islands to Canada have decreased at an annualized rate of 17.3%, from $1.07M in 2023 to $415k in 2018.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$410B
British Virgin Islands
Top DestinationMalta$93.7M

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

In 2023, countries that imported more from Canada than British Virgin Islands included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

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

Comparative Advantage Canada - British Virgin Islands

Flow
Scale

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

During 2023, Canada had a large net trade with British Virgin Islands in the exports of Machines ($766k), Animal Products ($720k), and Plastics and Rubbers ($349k).

During 2018, British Virgin Islands had a large net trade with Canada in the exports of Animal and Vegetable Bi-Products ($175k), Chemical Products ($58.3k), and Transportation ($47.4k).

Economic Complexity

Competitive Landscape

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

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

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