2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

India-British Virgin Islands Trade: In 2023, India exported $723k to British Virgin Islands. The main products that India exported to British Virgin Islands were Packaged Medicaments ($236k), Cars ($149k), and Knit T-shirts ($75.5k). Over the past 5 years the exports of India to British Virgin Islands have decreased at an annualized rate of 41.7%, from $10.7M in 2018 to $723k in 2023.

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

British Virgin Islands-India Trade: In 2023, British Virgin Islands exported $200k to India. The main products that British Virgin Islands exported to India were Industrial Fatty Acids, Oils and Alcohols ($120k), Printed Circuit Boards ($64.3k), and Other Vinyl Polymers ($15.5k). Over the past 5 years the exports of British Virgin Islands to India have decreased at an annualized rate of 57.8%,  from $14.9M in 2018 to $200k in 2023.

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

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). 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, India exported $723k to British Virgin Islands. The main products exported from India to British Virgin Islands were Packaged Medicaments ($236k), Cars ($149k), and Knit T-shirts ($75.5k). During the last 5 years the exports of India to British Virgin Islands have decreased at an annualized rate of 41.7%, from $10.7M in 2018 to $723k in 2023.

In 2018, British Virgin Islands exported $200k to India. The main products exported from British Virgin Islands to India were Industrial Fatty Acids, Oils and Alcohols ($120k), Printed Circuit Boards ($64.3k), and Other Vinyl Polymers ($15.5k). During the last 5 years the exports of British Virgin Islands to India have decreased at an annualized rate of 57.8%, from $14.9M in 2023 to $200k in 2018.

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

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

Market Competitiveness

Color
India
Top Destination
United States$85.5B
British Virgin Islands
Top Destination
Malta$93.7M

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 2023, countries that imported more from India than British Virgin Islands included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

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

Comparative Advantage India - British Virgin Islands

Flow
Scale

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

During 2023, India had a large net trade with British Virgin Islands in the exports of Chemical Products ($264k), Transportation ($159k), and Textiles ($151k).

During 2018, British Virgin Islands had a large net trade with India in the exports of Chemical Products ($120k), Machines ($64.3k), and Plastics and Rubbers ($15.5k).

Economic Complexity

Competitive Landscape

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.

Product Space of India (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