2023
Flag  
GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
GDP PC 
$52,926CURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195

About

Finland-British Virgin Islands Trade: In 2023, Finland exported $3.19M to British Virgin Islands. The main products that Finland exported to British Virgin Islands were Recreational Boats ($3.14M), Integrated Circuits ($42.2k), and Low-voltage Protection Equipment ($1.78k). Over the past 5 years the exports of Finland to British Virgin Islands have decreased at an annualized rate of 11.1%, from $5.75M in 2018 to $3.19M in 2023.

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

British Virgin Islands-Finland Trade: In 2023, British Virgin Islands exported $66 to Finland. The main products that British Virgin Islands exported to Finland were N/A. Over the past 5 years the exports of British Virgin Islands to Finland have decreased at an annualized rate of 73.6%,  from $51.3k in 2018 to $66 in 2023.

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

Comparison In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46),  and 45 in total exports ($84.3B). 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, Finland exported $3.19M to British Virgin Islands. The main products exported from Finland to British Virgin Islands were Recreational Boats ($3.14M), Integrated Circuits ($42.2k), and Low-voltage Protection Equipment ($1.78k). During the last 5 years the exports of Finland to British Virgin Islands have decreased at an annualized rate of 11.1%, from $5.75M in 2018 to $3.19M in 2023.

In 2016, British Virgin Islands exported $66 to Finland. There were not main exports from British Virgin Islands to Finland in 2016. During the last 5 years the exports of British Virgin Islands to Finland have decreased at an annualized rate of 73.6%, from $51.3k in 2021 to $66 in 2016.

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

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

Latest Data

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

Finland Exports

Market Competitiveness

Color
Finland
Top Destination
United States$9.68B
British Virgin Islands
Top Destination
Malta$93.7M

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

In 2023, countries that imported more from Finland than British Virgin Islands included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

In 2023, countries that imported more from British Virgin Islands than Finland included Malta ($93.7M), Guyana ($61.6M), and Barbados ($4.1M).

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

Comparative Advantage Finland - British Virgin Islands

Flow
Scale

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

During 2023, Finland had a large net trade with British Virgin Islands in the exports of Transportation ($3.14M) and Machines ($45.5k).

During 2016, British Virgin Islands had a large net trade with Finland in the exports of .

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with