India (IND) and British Virgin Islands (VGB) Trade | The Observatory of Economic Complexity

About

India-British Virgin Islands Trade: In 2022, India exported $247k to British Virgin Islands. The main products that India exported to British Virgin Islands were Packaged Medicaments ($182k), Large Construction Vehicles ($26.4k), and Activated Carbon ($18.2k). Over the past 5 years the exports of India to British Virgin Islands have decreased at an annualized rate of 17%, from $629k in 2017 to $247k in 2022.

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

British Virgin Islands-India Trade: In 2022, British Virgin Islands exported $3.2M to India. The main products that British Virgin Islands exported to India were Magnesium ($1.27M), Halogens ($656k), and Printed Circuit Boards ($330k). Over the past 5 years the exports of British Virgin Islands to India have increased at an annualized rate of 42.6%, from $543k in 2017 to $3.2M in 2022.

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

Comparison In 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, India exported $430k and imported $47.5k from British Virgin Islands, resulting in a positive trade balance of $382k. Between September 2023 and September 2024 the exports of India have increased by $384k (838%) from $45.8k to $430k, while imports decreased by $-10.3M (-99.5%) from $10.4M to $47.5k.

Trade In September 2024, the top exports of India to British Virgin Islands were Drug Formulations, Biologicals ($14.6k). In September 2024 the top imports of India from British Virgin Islands were Oth Non Ferous Metal And Prodc ($81.5k), Electronics Components ($31k), and Organic Chemicals ($10.4k).

Growth In September 2024, the increase in India's year-by-year exports to British Virgin Islands was explained primarily by an increase in product exports in . In September 2024, the decrease in India's year-by-year imports from British Virgin Islands was explained primarily by an decrease in product imports in Electronics Components ($-49.1k or -61.3%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)$384k(838%)

IMPORT GROWTH (September 2023 - September 2024)$-10.3M(-99.5%)

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

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

For full datasets download visit Bulk Download page.

Explore British Virgin Islands and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, India exported $247k to British Virgin Islands. The main products exported from India to British Virgin Islands were Packaged Medicaments ($182k), Large Construction Vehicles ($26.4k), and Activated Carbon ($18.2k). During the last 5 years the exports of India to British Virgin Islands have decreased at an annualized rate of 17%, from $629k in 2017 to $247k in 2022.

In 2017, British Virgin Islands exported $3.2M to India. The main products exported from British Virgin Islands to India were Magnesium ($1.27M), Halogens ($656k), and Printed Circuit Boards ($330k). During the last 5 years the exports of British Virgin Islands to India have increased at an annualized rate of 42.6%, from $543k in 2022 to $3.2M in 2017.

Exports from India () to British Virgin Islands () (2022)

Exports from British Virgin Islands () to India () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$82.9B

British Virgin Islands
Top DestinationMalta$85.8M

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

In 2022, countries that imported more from India than British Virgin Islands included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, no countries were registered that imported more from British Virgin Islands than from India.

Difference in imports from British Virgin Islands () and India () (2022)

Comparative Advantage India - British Virgin Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, India had a large net trade with British Virgin Islands in the exports of Chemical Products ($210k), Machines ($26.8k), and Plastics and Rubbers ($5.88k).

During 2017, British Virgin Islands had a large net trade with India in the exports of Metals ($1.72M), Chemical Products ($1.02M), and Machines ($442k).

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from India () to British Virgin Islands () (2022)

Exports from British Virgin Islands () to India () (2022)

Market Competitiveness

Difference in imports from British Virgin Islands () and India () (2022)

Comparative Advantage India - British Virgin Islands

Economic Complexity

Competitive Landscape

Product Space of India () and British Virgin Islands () (2022)

Keep Exploring