About

British Virgin Islands-Cuba Trade: In 2022, British Virgin Islands exported $735 to Cuba. The main products that British Virgin Islands exported to Cuba were N/A. Over the past 5 years the exports of British Virgin Islands to Cuba have decreased at an annualized rate of 49.9%, from $23.3k in 2017 to $735 in 2022.

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

Cuba-British Virgin Islands Trade: In 2022, Cuba exported $28k to British Virgin Islands. The main products that Cuba exported to British Virgin Islands were N/A. Over the past 5 years the exports of Cuba to British Virgin Islands have decreased at an annualized rate of 43.8%,  from $500k in 2017 to $28k in 2022.

In 2022, Cuba 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, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $735 to Cuba. There were not main exports from British Virgin Islands to Cuba in 2022. During the last 5 years the exports of British Virgin Islands to Cuba have decreased at an annualized rate of 49.9%, from $23.3k in 2017 to $735 in 2022.

In 2017, Cuba exported $28k to British Virgin Islands. There were not main exports from Cuba to British Virgin Islands in 2017. During the last 5 years the exports of Cuba to British Virgin Islands have decreased at an annualized rate of 43.8%, from $500k in 2022 to $28k in 2017.

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

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

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Cuba
Top Destination
China$358M

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

In 2023, countries that imported more from British Virgin Islands than Cuba included Malta ($93.7M), Guyana ($61.6M), and Greece ($30.3M).

In 2023, countries that imported more from Cuba than British Virgin Islands included China ($358M), Spain ($129M), and Germany ($68.1M).

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

Comparative Advantage British Virgin Islands - Cuba

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Cuba in the exports of .

During 2017, Cuba had a large net trade with British Virgin Islands in the exports of .

Economic Complexity

Competitive Landscape

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

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

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