2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

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.

Historical Data

Bilateral Trade by Products

Depth
Value

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 (Flag) to British Virgin Islands (Flag) (2022)

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
British Virgin Islands
Top Destination
Malta$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 (Flag) and India (Flag) (2022)

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 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

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) (2022)

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