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2009
Flag → Flag
Exports $22.2kRnk 71 / 0
2009
Flag → Flag
Exports $142MRnk 90 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133

About

Venezuela-British Virgin Islands Trade: In 2009, Venezuela exported $22.2k to British Virgin Islands. The main products that Venezuela exported to British Virgin Islands were N/A. Over the past 6 years the exports of Venezuela to British Virgin Islands have decreased at an annualized rate of 43.6%, from $691k in 2003 to $22.2k in 2009.

In 2009, Venezuela did not export any services to British Virgin Islands.

British Virgin Islands-Venezuela Trade: In 2009, British Virgin Islands exported $142M to Venezuela. The main products that British Virgin Islands exported to Venezuela were N/A. Over the past 6 years the exports of British Virgin Islands to Venezuela have increased at an annualized rate of 87.3%,  from $3.3M in 2003 to $142M in 2009.

In 2009, British Virgin Islands did not export any services to Venezuela.

Comparison In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87),  and 132 in total exports ($4.3B). 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 2009, Venezuela exported $22.2k to British Virgin Islands. There were not main exports from Venezuela to British Virgin Islands in 2009. During the last 6 years the exports of Venezuela to British Virgin Islands have decreased at an annualized rate of 43.6%, from $691k in 2003 to $22.2k in 2009.

In 2008, British Virgin Islands exported $142M to Venezuela. There were not main exports from British Virgin Islands to Venezuela in 2008. During the last 5 years the exports of British Virgin Islands to Venezuela have increased at an annualized rate of 87.3%, from $3.3M in 2013 to $142M in 2008.

Exports from Venezuela (Flag) to British Virgin Islands (Flag) (2013)

Exports from British Virgin Islands (Flag) to Venezuela (Flag) (2013)

Market Competitiveness

Color
Venezuela
Top DestinationChina$703M
British Virgin Islands
Top DestinationMalta$85.8M

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

In 2022, countries that imported more from Venezuela than British Virgin Islands included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from British Virgin Islands than Venezuela included Malta ($85.8M), Switzerland ($19.1M), and Zimbabwe ($5.02M).

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

Comparative Advantage Venezuela - British Virgin Islands

Flow
Scale

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

During 2009, Venezuela had a large net trade with British Virgin Islands in the exports of .

During 2008, British Virgin Islands had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Venezuela (Flag) and British Virgin Islands (Flag) (2013)

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