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2023
Flag → Flag
Exports $17.3MRnk 161 / 223
2023
Flag → Flag
Top Product $11.6MRecreational Boats
2023
Flag → Flag
Exports $2.06MRnk 16 / 82
2023
Flag → Flag
Top Product $1.36MRecreational Boats
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

United Kingdom-British Virgin Islands Trade: In 2023, United Kingdom exported $17.3M to British Virgin Islands. The main products that United Kingdom exported to British Virgin Islands were Recreational Boats ($11.6M), Packaged Medicaments ($759k), and Beer ($397k). Over the past 5 years the exports of United Kingdom to British Virgin Islands have decreased at an annualized rate of 5.81%, from $23.4M in 2018 to $17.3M in 2023.

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

British Virgin Islands-United Kingdom Trade: In 2023, British Virgin Islands exported $2.06M to United Kingdom. The main products that British Virgin Islands exported to United Kingdom were Recreational Boats ($1.36M), Knit Socks and Hosiery ($372k), and Precious Metal Scraps ($85.9k). Over the past 5 years the exports of British Virgin Islands to United Kingdom have decreased at an annualized rate of 14.5%,  from $4.51M in 2018 to $2.06M in 2023.

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

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £681k and imported £90.6k from British Virgin Islands, resulting in a positive trade balance of £590k. Between November 2023 and November 2024 the exports of United Kingdom have increased by £430k (171%) from £251k to £681k, while imports increased by £78k (616%) from £12.7k to £90.6k.

Trade In November 2024, the top exports of United Kingdom to British Virgin Islands were Recreational Boats (£1.7M), Beer (£86.3k), Wine (£38.9k), Packaged Medicaments (£38.8k), and Other Edible Preparations (£34.4k). In November 2024 the top imports of United Kingdom from British Virgin Islands were Iron Pipe Fittings (£35k) and Commodities not elsewhere specified (£2.42k).

Origins In November 2024 the exports of United Kingdom were mainly from London Gateway (£312k), London Heathrow Airport (£248k), London Stansted Airport (£38.1k), East Midlands Airport (£22.8k), and Southampton (£21.5k), while imports destinations were mainly Felixstowe (£87.5k).

Growth In November 2024, the increase in United Kingdom's year-by-year exports to British Virgin Islands was explained primarily by an increase in product exports in Recreational Boats (£1.61M or 1.86k%), Beer (£71k or 467%), and Other Edible Preparations (£24.2k or 235%). In November 2024, the increase in United Kingdom's year-by-year imports  from British Virgin Islands was explained primarily by an increase in product imports  in Iron Pipe Fittings (£497 or 1.44%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£430k(171%)
IMPORT GROWTH (November 2023 - November 2024)£78k(616%)
MAIN EXPORTER (November 2024)London Gateway£312k

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check British Virgin Islands and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore British Virgin Islands and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $17.3M to British Virgin Islands. The main products exported from United Kingdom to British Virgin Islands were Recreational Boats ($11.6M), Packaged Medicaments ($759k), and Beer ($397k). During the last 5 years the exports of United Kingdom to British Virgin Islands have decreased at an annualized rate of 5.81%, from $23.4M in 2018 to $17.3M in 2023.

In 2018, British Virgin Islands exported $2.06M to United Kingdom. The main products exported from British Virgin Islands to United Kingdom were Recreational Boats ($1.36M), Knit Socks and Hosiery ($372k), and Precious Metal Scraps ($85.9k). During the last 5 years the exports of British Virgin Islands to United Kingdom have decreased at an annualized rate of 14.5%, from $4.51M in 2023 to $2.06M in 2018.

Exports from United Kingdom (Flag) to British Virgin Islands (Flag) (2023)

Exports from British Virgin Islands (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
British Virgin Islands
Top DestinationMalta$93.7M

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

In 2023, countries that imported more from United Kingdom than British Virgin Islands included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, no countries were registered that imported more from British Virgin Islands than from United Kingdom.

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

Comparative Advantage United Kingdom - British Virgin Islands

Flow
Scale

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

During 2023, United Kingdom had a large net trade with British Virgin Islands in the exports of Transportation ($11.9M), Foodstuffs ($1.9M), and Machines ($1.2M).

During 2018, British Virgin Islands had a large net trade with United Kingdom in the exports of Transportation ($1.38M), Textiles ($377k), and Machines ($120k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and British Virgin Islands (Flag) (2023)

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