2023
Flag  
GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC 
$6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

Colombia-British Virgin Islands Trade: In 2023, Colombia exported $581k to British Virgin Islands. The main products that Colombia exported to British Virgin Islands were Aluminium Structures ($262k), Other Floating Structures ($74.4k), and Industrial Food Preperation Machinery ($56.6k). Over the past 5 years the exports of Colombia to British Virgin Islands have decreased at an annualized rate of 17%, from $1.47M in 2018 to $581k in 2023.

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

British Virgin Islands-Colombia Trade: In 2023, British Virgin Islands exported $173k to Colombia. The main products that British Virgin Islands exported to Colombia were Other Agricultural Machinery ($163k), Insulated Wire ($6.08k), and Air Pumps ($2.91k). Over the past 5 years the exports of British Virgin Islands to Colombia have decreased at an annualized rate of 23.1%,  from $3.1M in 2018 to $173k in 2023.

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

Comparison In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23),  and 54 in total exports ($54.8B). 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, Colombia exported $581k to British Virgin Islands. The main products exported from Colombia to British Virgin Islands were Aluminium Structures ($262k), Other Floating Structures ($74.4k), and Industrial Food Preperation Machinery ($56.6k). During the last 5 years the exports of Colombia to British Virgin Islands have decreased at an annualized rate of 17%, from $1.47M in 2018 to $581k in 2023.

In 2018, British Virgin Islands exported $173k to Colombia. The main products exported from British Virgin Islands to Colombia were Other Agricultural Machinery ($163k), Insulated Wire ($6.08k), and Air Pumps ($2.91k). During the last 5 years the exports of British Virgin Islands to Colombia have decreased at an annualized rate of 23.1%, from $3.1M in 2023 to $173k in 2018.

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

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

Latest Data

Trade between Colombia (Flag) and British Virgin Islands (Flag)

Colombia Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$14.8B
British Virgin Islands
Top Destination
Malta$93.7M

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

In 2023, countries that imported more from Colombia than British Virgin Islands included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

In 2023, countries that imported more from British Virgin Islands than Colombia included Malta ($93.7M), Guyana ($61.6M), and Greece ($30.3M).

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

Comparative Advantage Colombia - British Virgin Islands

Flow
Scale

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

During 2023, Colombia had a large net trade with British Virgin Islands in the exports of Metals ($268k), Transportation ($96.1k), and Machines ($56.6k).

During 2018, British Virgin Islands had a large net trade with Colombia in the exports of Machines ($172k) and Chemical Products ($1.26k).

Economic Complexity

Competitive Landscape

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

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

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