2022
Flag
 GDP
$95BCURRENT US$
Rnk 68 / 186
2012-2022
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GDP GROWTH
91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC
$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH
63.1%CURRENT US$
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About

British Virgin Islands-Guatemala Trade: In 2022, British Virgin Islands exported $28.6k to Guatemala. The main products that British Virgin Islands exported to Guatemala were Baked Goods ($13.3k), Abrasive Powder ($5.09k), and Other Plastic Products ($3.73k). Over the past 6 years the exports of British Virgin Islands to Guatemala have increased at an annualized rate of 3.43%, from $23.4k in 2016 to $28.6k in 2022.

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

Guatemala-British Virgin Islands Trade: In 2022, Guatemala exported $19.4k to British Virgin Islands. The main products that Guatemala exported to British Virgin Islands were Other Iron Products ($11.2k), Wood Carpentry ($4.77k), and Insulating Glass ($2.1k). Over the past 6 years the exports of Guatemala to British Virgin Islands have decreased at an annualized rate of 40.8%,  from $266k in 2016 to $19.4k in 2022.

In 2022, Guatemala 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, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $28.6k to Guatemala. The main products exported from British Virgin Islands to Guatemala were Baked Goods ($13.3k), Abrasive Powder ($5.09k), and Other Plastic Products ($3.73k). During the last 6 years the exports of British Virgin Islands to Guatemala have increased at an annualized rate of 3.43%, from $23.4k in 2016 to $28.6k in 2022.

In 2017, Guatemala exported $19.4k to British Virgin Islands. The main products exported from Guatemala to British Virgin Islands were Other Iron Products ($11.2k), Wood Carpentry ($4.77k), and Insulating Glass ($2.1k). During the last 5 years the exports of Guatemala to British Virgin Islands have decreased at an annualized rate of 40.8%, from $266k in 2022 to $19.4k in 2017.

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

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

Latest Data

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

Guatemala Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Guatemala
Top Destination
United States$5.23B

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

In 2022, countries that imported more from British Virgin Islands than Guatemala included Malta ($85.8M), Zimbabwe ($5.02M), and Cyprus ($3.02M).

In 2022, countries that imported more from Guatemala than British Virgin Islands included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

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

Comparative Advantage British Virgin Islands - Guatemala

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Guatemala in the exports of Foodstuffs ($13.3k), Stone And Glass ($5.09k), and Plastics and Rubbers ($4.18k).

During 2017, Guatemala had a large net trade with British Virgin Islands in the exports of Metals ($11.2k), Wood Products ($4.77k), and Stone And Glass ($2.1k).

Economic Complexity

Competitive Landscape

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

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

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