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2023
Flag → Flag
Exports $198kRnk 39 / 82
2023
Flag → Flag
Top Product $163kProcessed Crustaceans
2023
Flag → Flag
Exports $306kRnk 189 / 211
2023
Flag → Flag
Top Product $146kCombustion Engines
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag
 GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195

About

British Virgin Islands-Australia Trade: In 2023, British Virgin Islands exported $198k to Australia. The main products that British Virgin Islands exported to Australia were Processed Crustaceans ($163k), Other Processed Fruits and Nuts ($22.9k), and Insulated Wire ($8.76k). Over the past 5 years the exports of British Virgin Islands to Australia have decreased at an annualized rate of 47.1%, from $4.76M in 2018 to $198k in 2023.

In 2023, British Virgin Islands did not export any services to Australia.

Australia-British Virgin Islands Trade: In 2023, Australia exported $306k to British Virgin Islands. The main products that Australia exported to British Virgin Islands were Combustion Engines ($146k), Centrifuges ($107k), and Kraft Paper ($17.5k). Over the past 5 years the exports of Australia to British Virgin Islands have increased at an annualized rate of 2.12%,  from $275k in 2018 to $306k in 2023.

In 2023, Australia did not export any services to British Virgin Islands.

Comparison In 2023,  British Virgin Islands ranked 178 in total exports ($281M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $198k to Australia. The main products exported from British Virgin Islands to Australia were Processed Crustaceans ($163k), Other Processed Fruits and Nuts ($22.9k), and Insulated Wire ($8.76k). During the last 5 years the exports of British Virgin Islands to Australia have decreased at an annualized rate of 47.1%, from $4.76M in 2018 to $198k in 2023.

In 2018, Australia exported $306k to British Virgin Islands. The main products exported from Australia to British Virgin Islands were Combustion Engines ($146k), Centrifuges ($107k), and Kraft Paper ($17.5k). During the last 5 years the exports of Australia to British Virgin Islands have increased at an annualized rate of 2.12%, from $275k in 2023 to $306k in 2018.

Exports from British Virgin Islands (Flag) to Australia (Flag) (2023)

Exports from Australia (Flag) to British Virgin Islands (Flag) (2023)

Latest Data

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

Australia Exports

Market Competitiveness

Color
British Virgin Islands
Top DestinationMalta$93.7M
Australia
Top DestinationChina$137B

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 2023, countries that imported more from British Virgin Islands than Australia included Malta ($93.7M), Guyana ($61.6M), and Barbados ($4.1M).

In 2023, countries that imported more from Australia than British Virgin Islands included China ($137B), Japan ($59B), and South Korea ($20.9B).

Difference in imports from Australia (Flag) and British Virgin Islands (Flag) (2023)

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 2023, British Virgin Islands had a large net trade with Australia in the exports of Foodstuffs ($189k) and Machines ($8.76k).

During 2018, Australia had a large net trade with British Virgin Islands in the exports of Machines ($266k), Paper Goods ($17.5k), and Transportation ($11.3k).

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) (2023)

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