Portugal (PRT) and British Virgin Islands (VGB) Trade | The Observatory of Economic Complexity

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Portugal-British Virgin Islands Trade: In 2023, Portugal exported $6.56M to British Virgin Islands. The main products that Portugal exported to British Virgin Islands were Recreational Boats ($6.53M), Animal Food ($4.55k), and Toilet Paper ($2.81k). Over the past 5 years the exports of Portugal to British Virgin Islands have increased at an annualized rate of 87.6%, from $283k in 2018 to $6.56M in 2023.

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

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

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

Comparison In 2023, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

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Overview In November 2024, Portugal exported €272 and imported €235k from British Virgin Islands, resulting in a negative trade balance of €235k. Between November 2023 and November 2024 the exports of Portugal have increased by €272 (N/A%) from €0 to €272, while imports increased by €235k (N/A%) from €0 to €235k.

Trade In November 2024, the top exports of Portugal to British Virgin Islands were Food residues & wastes; animal fodder (€356), Live animals (€0), Meat & edible offal (€0), Fish, Crustaceans & Molluscs (€0), and Edible products of animal origin, n.e.s. (€0). In November 2024 the top imports of Portugal from British Virgin Islands were Misc. manufactures (€4), Live animals (€0), Meat & edible offal (€0), Fish, Crustaceans & Molluscs (€0), and Edible products of animal origin, n.e.s. (€0).

Growth In November 2024, the increase in Portugal's year-by-year exports to British Virgin Islands was explained primarily by an increase in product exports in . In November 2024, the increase in Portugal's year-by-year imports from British Virgin Islands was explained primarily by an increase in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)€272(N/A%)

IMPORT GROWTH (November 2023 - November 2024)€235k(N/A%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check British Virgin Islands and Portugal trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Portugal exported $6.56M to British Virgin Islands. The main products exported from Portugal to British Virgin Islands were Recreational Boats ($6.53M), Animal Food ($4.55k), and Toilet Paper ($2.81k). During the last 5 years the exports of Portugal to British Virgin Islands have increased at an annualized rate of 87.6%, from $283k in 2018 to $6.56M in 2023.

British Virgin Islands does not register exports to Portugal. The main products exported from British Virgin Islands to Portugal were Sports Equipment ($404), Electric Soldering Equipment ($32), and Rubber Stamps ($4).

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$17.7B

British Virgin Islands
Top DestinationMalta$93.7M

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

In 2023, countries that imported more from Portugal than British Virgin Islands included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

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

Comparative Advantage Portugal - British Virgin Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Portugal had a large net trade with British Virgin Islands in the exports of Transportation ($6.53M), Foodstuffs ($15.2k), and Vegetable Products ($3.52k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Portugal - British Virgin Islands

Economic Complexity

Competitive Landscape

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

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