2023
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 GDP
$33.9BCURRENT US$
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2013-2023
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GDP GROWTH
41.4%CURRENT US$
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2023
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GDP PC
$36,551CURRENT US$
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GDP PC GROWTH
31.5%CURRENT US$
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About

British Virgin Islands-Cyprus Trade: In 2023, British Virgin Islands exported $21.7k to Cyprus. The main products that British Virgin Islands exported to Cyprus were Wine ($21.6k), Pens ($17), and Rubber Stamps ($14). Over the past 5 years the exports of British Virgin Islands to Cyprus have decreased at an annualized rate of 76.5%, from $30M in 2018 to $21.7k in 2023.

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

Cyprus-British Virgin Islands Trade: In 2023, Cyprus exported $230k to British Virgin Islands. The main products that Cyprus exported to British Virgin Islands were N/A. Over the past 5 years the exports of Cyprus to British Virgin Islands have decreased at an annualized rate of 50.9%,  from $8.02M in 2018 to $230k in 2023.

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

Comparison In 2023,  British Virgin Islands ranked 178 in total exports ($281M). That same year, Cyprus ranked 126 in total exports ($5.7B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $21.7k to Cyprus. The main products exported from British Virgin Islands to Cyprus were Wine ($21.6k), Pens ($17), and Rubber Stamps ($14). During the last 5 years the exports of British Virgin Islands to Cyprus have decreased at an annualized rate of 76.5%, from $30M in 2018 to $21.7k in 2023.

In 2017, Cyprus exported $230k to British Virgin Islands. There were not main exports from Cyprus to British Virgin Islands in 2017. During the last 5 years the exports of Cyprus to British Virgin Islands have decreased at an annualized rate of 50.9%, from $8.02M in 2022 to $230k in 2017.

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

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

Latest Data

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

Cyprus Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Cyprus
Top Destination
Libya$775M

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

In 2023, countries that imported more from British Virgin Islands than Cyprus included Malta ($93.7M), Guyana ($61.6M), and Zimbabwe ($3.9M).

In 2023, countries that imported more from Cyprus than British Virgin Islands included Libya ($775M), Greece ($626M), and Lebanon ($438M).

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

Comparative Advantage British Virgin Islands - Cyprus

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Cyprus in the exports of Foodstuffs ($21.6k), Miscellaneous ($31), and Paper Goods ($11).

During 2017, Cyprus 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 Cyprus. This means that a dot/product with the flag of British Virgin Islands indicates it has a comparative advantage over Cyprus. Similarly, a dot/product with the flag of Cyprus indicates it has a comparative advantage over British Virgin Islands.

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

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