2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
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GDP PC 
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
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GDP PC GROWTH
12.6%CURRENT US$
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About

Ecuador-British Virgin Islands Trade: In 2022, Ecuador exported $4.54k to British Virgin Islands. The main products that Ecuador exported to British Virgin Islands were Valves ($2.48k), Plastic Wash Basins ($667), and Self-adhesive Plastics ($471). Over the past 14 years the exports of Ecuador to British Virgin Islands have decreased at an annualized rate of 14.3%, from $39.2k in 2008 to $4.54k in 2022.

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

British Virgin Islands-Ecuador Trade: In 2022, British Virgin Islands exported $11.3k to Ecuador. The main products that British Virgin Islands exported to Ecuador were Industrial Printers ($11.3k). Over the past 14 years the exports of British Virgin Islands to Ecuador have decreased at an annualized rate of 37.3%,  from $185k in 2008 to $11.3k in 2022.

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

Comparison In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96),  and 68 in total exports ($36B). 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, Ecuador exported $4.54k to British Virgin Islands. The main products exported from Ecuador to British Virgin Islands were Valves ($2.48k), Plastic Wash Basins ($667), and Self-adhesive Plastics ($471). During the last 14 years the exports of Ecuador to British Virgin Islands have decreased at an annualized rate of 14.3%, from $39.2k in 2008 to $4.54k in 2022.

In 2017, British Virgin Islands exported $11.3k to Ecuador. The main products exported from British Virgin Islands to Ecuador were Industrial Printers ($11.3k). During the last 5 years the exports of British Virgin Islands to Ecuador have decreased at an annualized rate of 37.3%, from $185k in 2022 to $11.3k in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
British Virgin Islands
Top Destination
Malta$85.8M

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

In 2022, countries that imported more from Ecuador than British Virgin Islands included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

In 2022, countries that imported more from British Virgin Islands than Ecuador included Malta ($85.8M), Egypt ($12.2M), and Zimbabwe ($5.02M).

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

Comparative Advantage Ecuador - British Virgin Islands

Flow
Scale

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

During 2022, Ecuador had a large net trade with British Virgin Islands in the exports of Machines ($2.71k), Plastics and Rubbers ($1.43k), and Metals ($299).

During 2017, British Virgin Islands had a large net trade with Ecuador in the exports of Machines ($11.3k).

Economic Complexity

Competitive Landscape

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

Product Space of Ecuador (Flag) and British Virgin Islands (Flag) (2022)

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