2023
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 GDP
$885BCURRENT US$
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2013-2023
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GDP GROWTH
25.3%CURRENT US$
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2023
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GDP PC
$99,565CURRENT US$
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GDP PC GROWTH
14%CURRENT US$
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About

British Virgin Islands-Switzerland Trade: In 2023, British Virgin Islands exported $9.02M to Switzerland. The main products that British Virgin Islands exported to Switzerland were Jewellery ($3.56M), Rubber Footwear ($1.67M), and Paintings ($1.66M). Over the past 5 years the exports of British Virgin Islands to Switzerland have decreased at an annualized rate of 33.4%, from $68.9M in 2018 to $9.02M in 2023.

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

Switzerland-British Virgin Islands Trade: In 2023, Switzerland exported $36.2M to British Virgin Islands. The main products that Switzerland exported to British Virgin Islands were Jewellery ($15M), Precious Stones ($10.3M), and Diamonds ($5.68M). Over the past 5 years the exports of Switzerland to British Virgin Islands have decreased at an annualized rate of 14.7%,  from $80.1M in 2018 to $36.2M in 2023.

In 2023, Switzerland 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, Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $9.02M to Switzerland. The main products exported from British Virgin Islands to Switzerland were Jewellery ($3.56M), Rubber Footwear ($1.67M), and Paintings ($1.66M). During the last 5 years the exports of British Virgin Islands to Switzerland have decreased at an annualized rate of 33.4%, from $68.9M in 2018 to $9.02M in 2023.

In 2018, Switzerland exported $36.2M to British Virgin Islands. The main products exported from Switzerland to British Virgin Islands were Jewellery ($15M), Precious Stones ($10.3M), and Diamonds ($5.68M). During the last 5 years the exports of Switzerland to British Virgin Islands have decreased at an annualized rate of 14.7%, from $80.1M in 2023 to $36.2M in 2018.

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

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

Latest Data

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

Switzerland Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Switzerland
Top Destination
Germany$53.8B

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

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

In 2023, countries that imported more from Switzerland than British Virgin Islands included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

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

Comparative Advantage British Virgin Islands - Switzerland

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Switzerland in the exports of Precious Metals ($3.87M), Footwear and Headwear ($2.95M), and Arts and Antiques ($1.72M).

During 2018, Switzerland had a large net trade with British Virgin Islands in the exports of Precious Metals ($31.1M), Arts and Antiques ($2.45M), and Instruments ($1.76M).

Economic Complexity

Competitive Landscape

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

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

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