2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Russia-British Virgin Islands Trade: In 2021, Russia exported $12.6M to British Virgin Islands. The main products that Russia exported to British Virgin Islands were N/A. Over the past 5 years the exports of Russia to British Virgin Islands have decreased at an annualized rate of 14.9%, from $28.3M in 2016 to $12.6M in 2021.

In 2020, Russia exported services to British Virgin Islands worth $219M, with Other business services ($93.8M), Transportation ($80.9M), and Computer and information services ($14.8M) being the largest in terms of value.

British Virgin Islands-Russia Trade: In 2021, British Virgin Islands exported $15.8k to Russia. The main products that British Virgin Islands exported to Russia were N/A. Over the past 5 years the exports of British Virgin Islands to Russia have decreased at an annualized rate of 6.59%,  from $22.2k in 2016 to $15.8k in 2021.

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

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). 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
Value

In 2021, Russia exported $12.6M to British Virgin Islands. There were not main exports from Russia to British Virgin Islands in 2021. During the last 5 years the exports of Russia to British Virgin Islands have decreased at an annualized rate of 14.9%, from $28.3M in 2016 to $12.6M in 2021.

In 2016, British Virgin Islands exported $15.8k to Russia. There were not main exports from British Virgin Islands to Russia in 2016. During the last 5 years the exports of British Virgin Islands to Russia have decreased at an annualized rate of 6.59%, from $22.2k in 2021 to $15.8k in 2016.

Exports from Russia (Flag) to British Virgin Islands (Flag) (2021)

Exports from British Virgin Islands (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top Destination
China$101B
British Virgin Islands
Top Destination
Malta$85.8M

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

In 2022, countries that imported more from Russia than British Virgin Islands included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from British Virgin Islands than Russia included Malta ($85.8M), Bahamas ($824k), and Barbados ($253k).

Difference in imports from British Virgin Islands (Flag) and Russia (Flag) (2022)

Comparative Advantage Russia - British Virgin Islands

Flow
Scale

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

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

During 2016, British Virgin Islands had a large net trade with Russia in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Russia (Flag) and British Virgin Islands (Flag) (2021)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with