Iceland (ISL) and British Virgin Islands (VGB) Trade | The Observatory of Economic Complexity

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Iceland-British Virgin Islands Trade: In 2021, Iceland exported $415k to British Virgin Islands. The main products that Iceland exported to British Virgin Islands were N/A. Over the past 6 years the exports of Iceland to British Virgin Islands have increased at an annualized rate of 29.3%, from $88.7k in 2015 to $415k in 2021.

In 2021, Iceland did not export any services to British Virgin Islands.

British Virgin Islands-Iceland In N/A, British Virgin Islands did not export any products to Iceland.

In 2021, British Virgin Islands did not export any services to Iceland.

Comparison In 2022, Iceland ranked 116 in total exports ($7.31B). That same year, British Virgin Islands ranked 185 in total exports ($206M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Iceland exported $415k to British Virgin Islands. There were not main exports from Iceland to British Virgin Islands in 2021. During the last 6 years the exports of Iceland to British Virgin Islands have increased at an annualized rate of 29.3%, from $88.7k in 2015 to $415k in 2021.

British Virgin Islands does not register exports to Iceland. The main products exported from British Virgin Islands to Iceland were Hard Liquor ($4.3k) and Coin ($36).

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iceland
Top DestinationNetherlands$1.97B

British Virgin Islands
Top DestinationMalta$85.8M

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

In 2022, countries that imported more from Iceland than British Virgin Islands included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

In 2022, countries that imported more from British Virgin Islands than Iceland included Malta ($85.8M), Brazil ($23M), and Egypt ($12.2M).

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

Comparative Advantage Iceland - British Virgin Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Iceland had a large net trade with British Virgin Islands in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Iceland - British Virgin Islands

Economic Complexity

Competitive Landscape

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

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