2023
Flag
 GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
GDP PC
$52,926CURRENT US$
Rnk 23 / 196
2013-2023
Flag
GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195

About

British Virgin Islands-Finland Trade: In 2021, British Virgin Islands exported $66 to Finland. The main products that British Virgin Islands exported to Finland were N/A. Over the past 5 years the exports of British Virgin Islands to Finland have decreased at an annualized rate of 73.6%, from $51.3k in 2016 to $66 in 2021.

In 2021, British Virgin Islands did not export any services to Finland.

Finland-British Virgin Islands Trade: In 2021, Finland exported $3.19M to British Virgin Islands. The main products that Finland exported to British Virgin Islands were Recreational Boats ($3.14M), Integrated Circuits ($42.2k), and Low-voltage Protection Equipment ($1.78k). Over the past 5 years the exports of Finland to British Virgin Islands have decreased at an annualized rate of 7.1%,  from $5.75M in 2016 to $3.19M in 2021.

In 2021, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, British Virgin Islands exported $66 to Finland. There were not main exports from British Virgin Islands to Finland in 2021. During the last 5 years the exports of British Virgin Islands to Finland have decreased at an annualized rate of 73.6%, from $51.3k in 2016 to $66 in 2021.

In 2018, Finland exported $3.19M to British Virgin Islands. The main products exported from Finland to British Virgin Islands were Recreational Boats ($3.14M), Integrated Circuits ($42.2k), and Low-voltage Protection Equipment ($1.78k). During the last 5 years the exports of Finland to British Virgin Islands have decreased at an annualized rate of 7.1%, from $5.75M in 2023 to $3.19M in 2018.

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

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

Latest Data

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

Finland Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Finland
Top Destination
United States$9.68B

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

In 2023, countries that imported more from British Virgin Islands than Finland included Malta ($93.7M), Guyana ($61.6M), and Barbados ($4.1M).

In 2023, countries that imported more from Finland than British Virgin Islands included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

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

Comparative Advantage British Virgin Islands - Finland

Flow
Scale

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

During 2021, British Virgin Islands had a large net trade with Finland in the exports of .

During 2018, Finland had a large net trade with British Virgin Islands in the exports of Transportation ($3.14M) and Machines ($45.5k).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Finland (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