Philippines (PHL) and British Virgin Islands (VGB) Trade | The Observatory of Economic Complexity

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Philippines-British Virgin Islands Trade: In 2023, Philippines exported $77.1k to British Virgin Islands. The main products that Philippines exported to British Virgin Islands were Other Processed Fruits and Nuts ($77.1k). Over the past 5 years the exports of Philippines to British Virgin Islands have decreased at an annualized rate of 29.8%, from $453k in 2018 to $77.1k in 2023.

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

British Virgin Islands-Philippines Trade: In 2023, British Virgin Islands exported $138k to Philippines. The main products that British Virgin Islands exported to Philippines were Other toys ($125k), Dyeing Finishing Agents ($11.8k), and Integrated Circuits ($1.28k). Over the past 5 years the exports of British Virgin Islands to Philippines have decreased at an annualized rate of 42.6%, from $2.23M in 2018 to $138k in 2023.

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

Comparison In 2023, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B). That same year, British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, Philippines exported $N/A and imported $N/A from British Virgin Islands, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Philippines have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Philippines to British Virgin Islands were . In N/A the top imports of Philippines from British Virgin Islands were Dyeing Finishing Agents ($11.8k), Knit T-shirts ($138), Pens ($80), and Glass Bottles ($42).

Growth In N/A, the N/A in Philippines's year-by-year exports to British Virgin Islands was explained primarily by an decrease in product exports in . In N/A, the N/A in Philippines's year-by-year imports from British Virgin Islands was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Philippines exported $77.1k to British Virgin Islands. The main products exported from Philippines to British Virgin Islands were Other Processed Fruits and Nuts ($77.1k). During the last 5 years the exports of Philippines to British Virgin Islands have decreased at an annualized rate of 29.8%, from $453k in 2018 to $77.1k in 2023.

In 2018, British Virgin Islands exported $138k to Philippines. The main products exported from British Virgin Islands to Philippines were Other toys ($125k), Dyeing Finishing Agents ($11.8k), and Integrated Circuits ($1.28k). During the last 5 years the exports of British Virgin Islands to Philippines have decreased at an annualized rate of 42.6%, from $2.23M in 2023 to $138k in 2018.

Exports from Philippines () to British Virgin Islands () (2023)

Exports from British Virgin Islands () to Philippines () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Philippines
Top DestinationChina$19B

British Virgin Islands
Top DestinationMalta$93.7M

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

In 2023, countries that imported more from Philippines than British Virgin Islands included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

In 2023, countries that imported more from British Virgin Islands than Philippines included Guyana ($61.6M), Malta ($93.7M), and Barbados ($4.1M).

Difference in imports from British Virgin Islands () and Philippines () (2023)

Comparative Advantage Philippines - British Virgin Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Philippines had a large net trade with British Virgin Islands in the exports of Foodstuffs ($77.1k).

During 2018, British Virgin Islands had a large net trade with Philippines in the exports of Miscellaneous ($125k), Chemical Products ($11.8k), and Machines ($1.28k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Philippines () to British Virgin Islands () (2023)

Exports from British Virgin Islands () to Philippines () (2023)

Market Competitiveness

Difference in imports from British Virgin Islands () and Philippines () (2023)

Comparative Advantage Philippines - British Virgin Islands

Economic Complexity

Competitive Landscape

Product Space of Philippines () and British Virgin Islands () (2023)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Philippines () to British Virgin Islands () (2023)

Exports from British Virgin Islands () to Philippines () (2023)

Market Competitiveness

Difference in imports from British Virgin Islands () and Philippines () (2023)

Comparative Advantage Philippines - British Virgin Islands

Economic Complexity

Competitive Landscape

Product Space of Philippines () and British Virgin Islands () (2023)

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