2023
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GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
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GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
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GDP PC 
$11,379CURRENT US$
Rnk 85 / 195
2013-2023
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GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

Malaysia-British Virgin Islands Trade: In 2023, Malaysia exported $334k to British Virgin Islands. The main products that Malaysia exported to British Virgin Islands were Broadcasting Equipment ($274k), Other Edible Preparations ($25.5k), and Waterproof Footwear ($25.2k). Over the past 5 years the exports of Malaysia to British Virgin Islands have increased at an annualized rate of 34%, from $77.2k in 2018 to $334k in 2023.

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

British Virgin Islands-Malaysia Trade: In 2023, British Virgin Islands exported $6.15k to Malaysia. The main products that British Virgin Islands exported to Malaysia were Excavation Machinery ($5.71k) and Other toys ($438). Over the past 5 years the exports of British Virgin Islands to Malaysia have decreased at an annualized rate of 69.2%,  from $2.21M in 2018 to $6.15k in 2023.

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

Comparison In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04),  and 19 in total exports ($383B). 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, Malaysia exported $334k to British Virgin Islands. The main products exported from Malaysia to British Virgin Islands were Broadcasting Equipment ($274k), Other Edible Preparations ($25.5k), and Waterproof Footwear ($25.2k). During the last 5 years the exports of Malaysia to British Virgin Islands have increased at an annualized rate of 34%, from $77.2k in 2018 to $334k in 2023.

In 2018, British Virgin Islands exported $6.15k to Malaysia. The main products exported from British Virgin Islands to Malaysia were Excavation Machinery ($5.71k) and Other toys ($438). During the last 5 years the exports of British Virgin Islands to Malaysia have decreased at an annualized rate of 69.2%, from $2.21M in 2023 to $6.15k in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
China$79.8B
British Virgin Islands
Top Destination
Malta$93.7M

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

In 2023, countries that imported more from Malaysia than British Virgin Islands included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

In 2023, countries that imported more from British Virgin Islands than Malaysia included Malta ($93.7M), Guyana ($61.6M), and Bahamas ($1.59M).

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

Comparative Advantage Malaysia - British Virgin Islands

Flow
Scale

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

During 2023, Malaysia had a large net trade with British Virgin Islands in the exports of Machines ($274k), Foodstuffs ($26.7k), and Footwear and Headwear ($25.3k).

During 2018, British Virgin Islands had a large net trade with Malaysia in the exports of Machines ($5.71k) and Miscellaneous ($438).

Economic Complexity

Competitive Landscape

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

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

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