Thailand (THA) and British Virgin Islands (VGB) Trade | The Observatory of Economic Complexity

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Thailand-British Virgin Islands Trade: In 2022, Thailand exported $1.34M to British Virgin Islands. The main products that Thailand exported to British Virgin Islands were Delivery Trucks ($943k), Special purpose motor vehicles ($70.7k), and Cars ($66.2k). Over the past 5 years the exports of Thailand to British Virgin Islands have decreased at an annualized rate of 1.48%, from $1.44M in 2017 to $1.34M in 2022.

In 2022, Thailand did not export any services to British Virgin Islands.

British Virgin Islands-Thailand Trade: In 2022, British Virgin Islands exported $69.7k to Thailand. The main products that British Virgin Islands exported to Thailand were Thermostats ($69.4k), Other Knit Clothing Accessories ($99), and Newspapers ($82). Over the past 5 years the exports of British Virgin Islands to Thailand have decreased at an annualized rate of 45.3%, from $1.43M in 2017 to $69.7k in 2022.

In 2022, British Virgin Islands did not export any services to Thailand.

Comparison In 2022, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). 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 2022, Thailand exported $1.34M to British Virgin Islands. The main products exported from Thailand to British Virgin Islands were Delivery Trucks ($943k), Special purpose motor vehicles ($70.7k), and Cars ($66.2k). During the last 5 years the exports of Thailand to British Virgin Islands have decreased at an annualized rate of 1.48%, from $1.44M in 2017 to $1.34M in 2022.

In 2017, British Virgin Islands exported $69.7k to Thailand. The main products exported from British Virgin Islands to Thailand were Thermostats ($69.4k), Other Knit Clothing Accessories ($99), and Newspapers ($82). During the last 5 years the exports of British Virgin Islands to Thailand have decreased at an annualized rate of 45.3%, from $1.43M in 2022 to $69.7k in 2017.

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

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

Latest Data

Trade between Thailand () and British Virgin Islands ()

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$53.4B

British Virgin Islands
Top DestinationMalta$85.8M

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

In 2022, countries that imported more from Thailand than British Virgin Islands included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2022, countries that imported more from British Virgin Islands than Thailand included Malta ($85.8M).

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

Comparative Advantage Thailand - British Virgin Islands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Thailand had a large net trade with British Virgin Islands in the exports of Transportation ($1.13M), Plastics and Rubbers ($65.3k), and Machines ($38.4k).

During 2017, British Virgin Islands had a large net trade with Thailand in the exports of Instruments ($69.4k), Textiles ($99), and Paper Goods ($82).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Thailand () and British Virgin Islands ()

Thailand Exports

Market Competitiveness

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

Comparative Advantage Thailand - British Virgin Islands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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