2023
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 GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
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GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
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GDP PC
$10,295CURRENT US$
Rnk 89 / 196
2013-2023
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GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195

About

British Virgin Islands-Brazil Trade: In 2023, British Virgin Islands exported $2.7M to Brazil. The main products that British Virgin Islands exported to Brazil were Printed Circuit Boards ($1.27M), Acrylic Polymers ($727k), and Cement ($412k). Over the past 5 years the exports of British Virgin Islands to Brazil have increased at an annualized rate of 9.36%, from $1.73M in 2018 to $2.7M in 2023.

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

Brazil-British Virgin Islands Trade: In 2023, Brazil exported $16.5M to British Virgin Islands. The main products that Brazil exported to British Virgin Islands were Soybeans ($10.7M), Paintings ($1.74M), and Wheat ($1.15M). Over the past 5 years the exports of Brazil to British Virgin Islands have decreased at an annualized rate of 10.7%,  from $29.1M in 2018 to $16.5M in 2023.

In 2023, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $2.7M to Brazil. The main products exported from British Virgin Islands to Brazil were Printed Circuit Boards ($1.27M), Acrylic Polymers ($727k), and Cement ($412k). During the last 5 years the exports of British Virgin Islands to Brazil have increased at an annualized rate of 9.36%, from $1.73M in 2018 to $2.7M in 2023.

In 2018, Brazil exported $16.5M to British Virgin Islands. The main products exported from Brazil to British Virgin Islands were Soybeans ($10.7M), Paintings ($1.74M), and Wheat ($1.15M). During the last 5 years the exports of Brazil to British Virgin Islands have decreased at an annualized rate of 10.7%, from $29.1M in 2023 to $16.5M in 2018.

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

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

Latest Data

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

Brazil Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Brazil
Top Destination
China$106B

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

In 2023, no countries were registered that imported more from British Virgin Islands than from Brazil.

In 2023, countries that imported more from Brazil than British Virgin Islands included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Comparative Advantage British Virgin Islands - Brazil

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Brazil in the exports of Machines ($1.36M), Plastics and Rubbers ($727k), and Mineral Products ($412k).

During 2018, Brazil had a large net trade with British Virgin Islands in the exports of Vegetable Products ($13M), Arts and Antiques ($2.22M), and Animal Products ($630k).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Brazil (Flag) (2023)

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