2023
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GDP
$551BCURRENT US$
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127%CURRENT US$
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$103,888CURRENT US$
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97.4%CURRENT US$
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About

Ireland-British Virgin Islands Trade: In 2023, Ireland exported $1.47M to British Virgin Islands. The main products that Ireland exported to British Virgin Islands were Malt Extract ($1.38M), Base Metal Watches ($30.6k), and Video Displays ($23.8k). Over the past 5 years the exports of Ireland to British Virgin Islands have decreased at an annualized rate of 39.6%, from $18.2M in 2018 to $1.47M in 2023.

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

British Virgin Islands-Ireland Trade: In 2023, British Virgin Islands exported $1.02M to Ireland. The main products that British Virgin Islands exported to Ireland were Iron Structures ($921k), Animal or Vegetable Fertilizers ($50.3k), and Perfumes ($16.3k). Over the past 5 years the exports of British Virgin Islands to Ireland have increased at an annualized rate of 211%,  from $3.53k in 2018 to $1.02M in 2023.

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

Comparison In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31),  and 29 in total exports ($241B). 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, Ireland exported $1.47M to British Virgin Islands. The main products exported from Ireland to British Virgin Islands were Malt Extract ($1.38M), Base Metal Watches ($30.6k), and Video Displays ($23.8k). During the last 5 years the exports of Ireland to British Virgin Islands have decreased at an annualized rate of 39.6%, from $18.2M in 2018 to $1.47M in 2023.

In 2018, British Virgin Islands exported $1.02M to Ireland. The main products exported from British Virgin Islands to Ireland were Iron Structures ($921k), Animal or Vegetable Fertilizers ($50.3k), and Perfumes ($16.3k). During the last 5 years the exports of British Virgin Islands to Ireland have increased at an annualized rate of 211%, from $3.53k in 2023 to $1.02M in 2018.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$67.4B
British Virgin Islands
Top Destination
Malta$93.7M

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

In 2023, countries that imported more from Ireland than British Virgin Islands included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

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

Comparative Advantage Ireland - British Virgin Islands

Flow
Scale

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

During 2023, Ireland had a large net trade with British Virgin Islands in the exports of Foodstuffs ($1.38M), Instruments ($30.6k), and Machines ($27.9k).

During 2018, British Virgin Islands had a large net trade with Ireland in the exports of Metals ($923k), Chemical Products ($66.8k), and Machines ($19.2k).

Economic Complexity

Competitive Landscape

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

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

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