2023
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GDP
$1.62TCURRENT US$
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2013-2023
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GDP GROWTH
18.9%CURRENT US$
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2023
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GDP PC 
$33,509CURRENT US$
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2013-2023
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GDP PC GROWTH
14.7%CURRENT US$
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About

Spain-British Virgin Islands Trade: In 2023, Spain exported $6.59M to British Virgin Islands. The main products that Spain exported to British Virgin Islands were Recreational Boats ($5.65M), Plywood ($389k), and Unglazed Ceramics ($142k). Over the past 5 years the exports of Spain to British Virgin Islands have increased at an annualized rate of 1.61%, from $6.09M in 2018 to $6.59M in 2023.

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

British Virgin Islands-Spain Trade: In 2023, British Virgin Islands exported $1.53M to Spain. The main products that British Virgin Islands exported to Spain were Recreational Boats ($1.46M), Epoxides ($44.6k), and Electrical Control Boards ($7.77k). Over the past 5 years the exports of British Virgin Islands to Spain have increased at an annualized rate of 18.3%,  from $660k in 2018 to $1.53M in 2023.

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

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). 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, Spain exported $6.59M to British Virgin Islands. The main products exported from Spain to British Virgin Islands were Recreational Boats ($5.65M), Plywood ($389k), and Unglazed Ceramics ($142k). During the last 5 years the exports of Spain to British Virgin Islands have increased at an annualized rate of 1.61%, from $6.09M in 2018 to $6.59M in 2023.

In 2018, British Virgin Islands exported $1.53M to Spain. The main products exported from British Virgin Islands to Spain were Recreational Boats ($1.46M), Epoxides ($44.6k), and Electrical Control Boards ($7.77k). During the last 5 years the exports of British Virgin Islands to Spain have increased at an annualized rate of 18.3%, from $660k in 2023 to $1.53M in 2018.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$61.9B
British Virgin Islands
Top Destination
Malta$93.7M

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 2023, countries that imported more from Spain than British Virgin Islands included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from British Virgin Islands than Spain included Guyana ($61.6M).

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

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 2023, Spain had a large net trade with British Virgin Islands in the exports of Transportation ($5.65M), Wood Products ($389k), and Machines ($165k).

During 2018, British Virgin Islands had a large net trade with Spain in the exports of Transportation ($1.46M), Chemical Products ($45.4k), and Machines ($21.9k).

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) (2023)

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