Nicaragua (NIC) and British Virgin Islands (VGB) Trade | The Observatory of Economic Complexity

About

Nicaragua-British Virgin Islands Trade: In 2021, Nicaragua exported $157k to British Virgin Islands. The main products that Nicaragua exported to British Virgin Islands were N/A. Over the past 5 years the exports of Nicaragua to British Virgin Islands have decreased at an annualized rate of 25.1%, from $662k in 2016 to $157k in 2021.

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

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

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

Comparison In 2022, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Nicaragua exported $157k to British Virgin Islands. There were not main exports from Nicaragua to British Virgin Islands in 2021. During the last 5 years the exports of Nicaragua to British Virgin Islands have decreased at an annualized rate of 25.1%, from $662k in 2016 to $157k in 2021.

British Virgin Islands does not register exports to Nicaragua. The main products exported from British Virgin Islands to Nicaragua were Hard Liquor ($480).

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

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

Latest Data

Trade between Nicaragua () and British Virgin Islands ()

Nicaragua Exports

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nicaragua
Top DestinationUnited States$4.09B

British Virgin Islands
Top DestinationMalta$85.8M

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

In 2022, countries that imported more from Nicaragua than British Virgin Islands included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

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

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

Comparative Advantage Nicaragua - British Virgin Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Nicaragua 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 Nicaragua and British Virgin Islands. This means that a dot/product with the flag of Nicaragua 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 Nicaragua.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Nicaragua () and British Virgin Islands ()

Nicaragua Exports

Market Competitiveness

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

Comparative Advantage Nicaragua - British Virgin Islands

Economic Complexity

Competitive Landscape

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

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