2022
Flag  
GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
2022
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GDP PC 
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186

About

Turkey-British Virgin Islands Trade: In 2022, Turkey exported $26M to British Virgin Islands. The main products that Turkey exported to British Virgin Islands were Recreational Boats ($22.5M), Refined Petroleum ($1.63M), and Building Stone ($346k). Over the past 5 years the exports of Turkey to British Virgin Islands have decreased at an annualized rate of 21.7%, from $88.2M in 2017 to $26M in 2022.

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

British Virgin Islands-Turkey Trade: In 2022, British Virgin Islands exported $4.75M to Turkey. The main products that British Virgin Islands exported to Turkey were Passenger and Cargo Ships ($4.75M), Valves ($1.94k), and Low-voltage Protection Equipment ($349). Over the past 5 years the exports of British Virgin Islands to Turkey have decreased at an annualized rate of 26.2%,  from $21.7M in 2017 to $4.75M in 2022.

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

Comparison In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6),  and 29 in total exports ($262B). 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 2022, Turkey exported $26M to British Virgin Islands. The main products exported from Turkey to British Virgin Islands were Recreational Boats ($22.5M), Refined Petroleum ($1.63M), and Building Stone ($346k). During the last 5 years the exports of Turkey to British Virgin Islands have decreased at an annualized rate of 21.7%, from $88.2M in 2017 to $26M in 2022.

In 2017, British Virgin Islands exported $4.75M to Turkey. The main products exported from British Virgin Islands to Turkey were Passenger and Cargo Ships ($4.75M), Valves ($1.94k), and Low-voltage Protection Equipment ($349). During the last 5 years the exports of British Virgin Islands to Turkey have decreased at an annualized rate of 26.2%, from $21.7M in 2022 to $4.75M in 2017.

Exports from Turkey (Flag) to British Virgin Islands (Flag) (2022)

Exports from British Virgin Islands (Flag) to Turkey (Flag) (2022)

Latest Data

Trade between Turkey (Flag) and British Virgin Islands (Flag)

Turkey Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
British Virgin Islands
Top Destination
Malta$85.8M

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

In 2022, countries that imported more from Turkey than British Virgin Islands included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2022, countries that imported more from British Virgin Islands than Turkey included Montserrat ($24.9k).

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

Comparative Advantage Turkey - British Virgin Islands

Flow
Scale

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

During 2022, Turkey had a large net trade with British Virgin Islands in the exports of Transportation ($22.5M), Mineral Products ($1.96M), and Machines ($484k).

During 2017, British Virgin Islands had a large net trade with Turkey in the exports of Transportation ($4.75M), Machines ($2.59k), and Miscellaneous ($5).

Economic Complexity

Competitive Landscape

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

Product Space of Turkey (Flag) and British Virgin Islands (Flag) (2022)

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