2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Canada-British Virgin Islands Trade: In 2022, Canada exported $51.5M to British Virgin Islands. The main products that Canada exported to British Virgin Islands were Planes, Helicopters, and/or Spacecraft ($49.5M), Fish: dried, salted, smoked or in brine ($471k), and Wheat Flours ($225k). Over the past 5 years the exports of Canada to British Virgin Islands have increased at an annualized rate of 73.6%, from $3.27M in 2017 to $51.5M in 2022.

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 2022, British Virgin Islands exported $183k to Canada. The main products that British Virgin Islands exported to Canada were Raw Plastic Sheeting ($55.3k), Carboxylic Acids ($43k), and Seats ($36.4k). Over the past 5 years the exports of British Virgin Islands to Canada have decreased at an annualized rate of 39.1%,  from $2.18M in 2017 to $183k in 2022.

In 2022, British Virgin Islands did not export any services to Canada.

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). That same year, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $51.5M to British Virgin Islands. The main products exported from Canada to British Virgin Islands were Planes, Helicopters, and/or Spacecraft ($49.5M), Fish: dried, salted, smoked or in brine ($471k), and Wheat Flours ($225k). During the last 5 years the exports of Canada to British Virgin Islands have increased at an annualized rate of 73.6%, from $3.27M in 2017 to $51.5M in 2022.

In 2017, British Virgin Islands exported $183k to Canada. The main products exported from British Virgin Islands to Canada were Raw Plastic Sheeting ($55.3k), Carboxylic Acids ($43k), and Seats ($36.4k). During the last 5 years the exports of British Virgin Islands to Canada have decreased at an annualized rate of 39.1%, from $2.18M in 2022 to $183k in 2017.

Exports from Canada (Flag) to British Virgin Islands (Flag) (2022)

Exports from British Virgin Islands (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top Destination
N/AN/A
British Virgin Islands
Top Destination
N/AN/A

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.

N/A

N/A

Difference in imports from British Virgin Islands (Flag) and Canada (Flag) (2022)

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 2022, Canada had a large net trade with British Virgin Islands in the exports of Transportation ($49.6M), Animal Products ($543k), and Machines ($420k).

During 2017, British Virgin Islands had a large net trade with Canada in the exports of Plastics and Rubbers ($63.1k), Chemical Products ($43k), and Miscellaneous ($36.5k).

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) (2022)

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