2023
Flag
 GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC
$33,509CURRENT US$
Rnk 40 / 196
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195

About

British Virgin Islands-Spain Trade: In 2023, British Virgin Islands exported $1.53M to Spain. The main products that British Virgin Islands exported to Spain were Recreational Boats ($1.46M), Epoxides ($44.6k), and Electrical Control Boards ($7.77k). Over the past 5 years the exports of British Virgin Islands to Spain have increased at an annualized rate of 18.3%, from $660k in 2018 to $1.53M in 2023.

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

Spain-British Virgin Islands Trade: In 2023, Spain exported $6.59M to British Virgin Islands. The main products that Spain exported to British Virgin Islands were Recreational Boats ($5.65M), Plywood ($389k), and Unglazed Ceramics ($142k). Over the past 5 years the exports of Spain to British Virgin Islands have increased at an annualized rate of 1.61%,  from $6.09M in 2018 to $6.59M in 2023.

In 2023, Spain 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, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $1.53M to Spain. The main products exported from British Virgin Islands to Spain were Recreational Boats ($1.46M), Epoxides ($44.6k), and Electrical Control Boards ($7.77k). During the last 5 years the exports of British Virgin Islands to Spain have increased at an annualized rate of 18.3%, from $660k in 2018 to $1.53M in 2023.

In 2018, Spain exported $6.59M to British Virgin Islands. The main products exported from Spain to British Virgin Islands were Recreational Boats ($5.65M), Plywood ($389k), and Unglazed Ceramics ($142k). During the last 5 years the exports of Spain to British Virgin Islands have increased at an annualized rate of 1.61%, from $6.09M in 2023 to $6.59M in 2018.

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

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

Latest Data

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

Spain Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Spain
Top Destination
France$61.9B

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

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

In 2023, countries that imported more from Spain than British Virgin Islands included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

Comparative Advantage British Virgin Islands - Spain

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Spain in the exports of Transportation ($1.46M), Chemical Products ($45.4k), and Machines ($21.9k).

During 2018, Spain had a large net trade with British Virgin Islands in the exports of Transportation ($5.65M), Wood Products ($389k), and Machines ($165k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with