2022
Flag
 GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
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GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
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GDP PC
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
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GDP PC GROWTH
12.6%CURRENT US$
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About

British Virgin Islands-Ecuador Trade: In 2022, British Virgin Islands exported $11.3k to Ecuador. The main products that British Virgin Islands exported to Ecuador were Industrial Printers ($11.3k). Over the past 7 years the exports of British Virgin Islands to Ecuador have decreased at an annualized rate of 27.4%, from $106k in 2015 to $11.3k in 2022.

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

Ecuador-British Virgin Islands Trade: In 2022, Ecuador exported $4.54k to British Virgin Islands. The main products that Ecuador exported to British Virgin Islands were Valves ($2.48k), Plastic Wash Basins ($667), and Self-adhesive Plastics ($471). Over the past 7 years the exports of Ecuador to British Virgin Islands have increased at an annualized rate of 31.6%,  from $1.15k in 2015 to $4.54k in 2022.

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

Comparison In 2022,  British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. That same year, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $11.3k to Ecuador. The main products exported from British Virgin Islands to Ecuador were Industrial Printers ($11.3k). During the last 7 years the exports of British Virgin Islands to Ecuador have decreased at an annualized rate of 27.4%, from $106k in 2015 to $11.3k in 2022.

In 2017, Ecuador exported $4.54k to British Virgin Islands. The main products exported from Ecuador to British Virgin Islands were Valves ($2.48k), Plastic Wash Basins ($667), and Self-adhesive Plastics ($471). During the last 5 years the exports of Ecuador to British Virgin Islands have increased at an annualized rate of 31.6%, from $1.15k in 2022 to $4.54k in 2017.

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

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

Latest Data

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

Ecuador Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Ecuador
Top Destination
United States$9.86B

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

In 2022, countries that imported more from British Virgin Islands than Ecuador included Malta ($85.8M), Egypt ($12.2M), and Zimbabwe ($5.02M).

In 2022, countries that imported more from Ecuador than British Virgin Islands included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

Difference in imports from Ecuador (Flag) and British Virgin Islands (Flag) (2022)

Comparative Advantage British Virgin Islands - Ecuador

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Ecuador in the exports of Machines ($11.3k).

During 2017, Ecuador had a large net trade with British Virgin Islands in the exports of Machines ($2.71k), Plastics and Rubbers ($1.43k), and Metals ($299).

Economic Complexity

Competitive Landscape

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

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

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