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2022
Flag → Flag
Exports $192kRnk 34 / 90
2022
Flag → Flag
Top Product $64kRice
2022
Flag → Flag
Exports $81.1kRnk 203 / 213
2022
Flag → Flag
Top Product $67.7kCentrifuges
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
Flag
 GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186

About

British Virgin Islands-Australia Trade: In 2022, British Virgin Islands exported $192k to Australia. The main products that British Virgin Islands exported to Australia were Rice ($64k), Other Edible Preparations ($54.4k), and Scrap Plastic ($27.6k). Over the past 5 years the exports of British Virgin Islands to Australia have decreased at an annualized rate of 48.1%, from $5.09M in 2017 to $192k in 2022.

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

Australia-British Virgin Islands Trade: In 2022, Australia exported $81.1k to British Virgin Islands. The main products that Australia exported to British Virgin Islands were Centrifuges ($67.7k), Motor vehicles; parts and accessories (8701 to 8705) ($5.55k), and Non-Knit Women's Suits ($4.09k). Over the past 5 years the exports of Australia to British Virgin Islands have decreased at an annualized rate of 4.71%,  from $125k in 2017 to $81.1k in 2022.

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

Comparison In 2022,  British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $192k to Australia. The main products exported from British Virgin Islands to Australia were Rice ($64k), Other Edible Preparations ($54.4k), and Scrap Plastic ($27.6k). During the last 5 years the exports of British Virgin Islands to Australia have decreased at an annualized rate of 48.1%, from $5.09M in 2017 to $192k in 2022.

In 2017, Australia exported $81.1k to British Virgin Islands. The main products exported from Australia to British Virgin Islands were Centrifuges ($67.7k), Motor vehicles; parts and accessories (8701 to 8705) ($5.55k), and Non-Knit Women's Suits ($4.09k). During the last 5 years the exports of Australia to British Virgin Islands have decreased at an annualized rate of 4.71%, from $125k in 2022 to $81.1k in 2017.

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

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

Latest Data

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

Australia Exports

Market Competitiveness

Color
British Virgin Islands
Top DestinationMalta$85.8M
Australia
Top DestinationChina$123B

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

In 2022, countries that imported more from British Virgin Islands than Australia included Malta ($85.8M) and Montserrat ($24.9k).

In 2022, countries that imported more from Australia than British Virgin Islands included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage British Virgin Islands - Australia

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Australia in the exports of Foodstuffs ($67.5k), Vegetable Products ($64k), and Plastics and Rubbers ($27.6k).

During 2017, Australia had a large net trade with British Virgin Islands in the exports of Machines ($71.3k), Transportation ($5.55k), and Textiles ($4.19k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of British Virgin Islands and Australia. This means that a dot/product with the flag of British Virgin Islands indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over British Virgin Islands.

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

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