2022
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GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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GDP PC 
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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About

Spain-British Virgin Islands Trade: In 2022, Spain exported $441k to British Virgin Islands. The main products that Spain exported to British Virgin Islands were Unglazed Ceramics ($160k), Aluminium Structures ($80.5k), and Other Engines ($30k). Over the past 5 years the exports of Spain to British Virgin Islands have decreased at an annualized rate of 41.5%, from $6.42M in 2017 to $441k in 2022.

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

British Virgin Islands-Spain Trade: In 2022, British Virgin Islands exported $1.96M to Spain. The main products that British Virgin Islands exported to Spain were Recreational Boats ($1.94M), Awnings, Tents, and Sails ($9.97k), and Trunks and Cases ($6.96k). Over the past 5 years the exports of British Virgin Islands to Spain have increased at an annualized rate of 13.4%,  from $1.04M in 2017 to $1.96M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). 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, Spain exported $441k to British Virgin Islands. The main products exported from Spain to British Virgin Islands were Unglazed Ceramics ($160k), Aluminium Structures ($80.5k), and Other Engines ($30k). During the last 5 years the exports of Spain to British Virgin Islands have decreased at an annualized rate of 41.5%, from $6.42M in 2017 to $441k in 2022.

In 2017, British Virgin Islands exported $1.96M to Spain. The main products exported from British Virgin Islands to Spain were Recreational Boats ($1.94M), Awnings, Tents, and Sails ($9.97k), and Trunks and Cases ($6.96k). During the last 5 years the exports of British Virgin Islands to Spain have increased at an annualized rate of 13.4%, from $1.04M in 2022 to $1.96M in 2017.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
British Virgin Islands
Top Destination
Malta$85.8M

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

In 2022, countries that imported more from Spain than British Virgin Islands included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from British Virgin Islands than Spain included Montserrat ($24.9k).

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

Comparative Advantage Spain - British Virgin Islands

Flow
Scale

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

During 2022, Spain had a large net trade with British Virgin Islands in the exports of Stone And Glass ($163k), Metals ($109k), and Machines ($39.7k).

During 2017, British Virgin Islands had a large net trade with Spain in the exports of Transportation ($1.94M), Textiles ($10.6k), and Animal Hides ($6.96k).

Economic Complexity

Competitive Landscape

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

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

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