2023
Flag
 GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
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GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
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GDP PC
$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

British Virgin Islands-India Trade: In 2023, British Virgin Islands exported $200k to India. The main products that British Virgin Islands exported to India were Industrial Fatty Acids, Oils and Alcohols ($120k), Printed Circuit Boards ($64.3k), and Other Vinyl Polymers ($15.5k). Over the past 5 years the exports of British Virgin Islands to India have decreased at an annualized rate of 57.8%, from $14.9M in 2018 to $200k in 2023.

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

India-British Virgin Islands Trade: In 2023, India exported $723k to British Virgin Islands. The main products that India exported to British Virgin Islands were Packaged Medicaments ($236k), Cars ($149k), and Knit T-shirts ($75.5k). Over the past 5 years the exports of India to British Virgin Islands have decreased at an annualized rate of 41.7%,  from $10.7M in 2018 to $723k in 2023.

In 2023, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $200k to India. The main products exported from British Virgin Islands to India were Industrial Fatty Acids, Oils and Alcohols ($120k), Printed Circuit Boards ($64.3k), and Other Vinyl Polymers ($15.5k). During the last 5 years the exports of British Virgin Islands to India have decreased at an annualized rate of 57.8%, from $14.9M in 2018 to $200k in 2023.

In 2018, India exported $723k to British Virgin Islands. The main products exported from India to British Virgin Islands were Packaged Medicaments ($236k), Cars ($149k), and Knit T-shirts ($75.5k). During the last 5 years the exports of India to British Virgin Islands have decreased at an annualized rate of 41.7%, from $10.7M in 2023 to $723k in 2018.

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

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

Latest Data

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

India Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
India
Top Destination
United States$85.5B

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

In 2023, no countries were registered that imported more from British Virgin Islands than from India.

In 2023, countries that imported more from India than British Virgin Islands included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

Comparative Advantage British Virgin Islands - India

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with India in the exports of Chemical Products ($120k), Machines ($64.3k), and Plastics and Rubbers ($15.5k).

During 2018, India had a large net trade with British Virgin Islands in the exports of Chemical Products ($264k), Transportation ($159k), and Textiles ($151k).

Economic Complexity

Competitive Landscape

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

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

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