2022
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 GDP
$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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GDP PC
$33,815CURRENT US$
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GDP PC GROWTH
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About

British Virgin Islands-Japan Trade: In 2022, British Virgin Islands exported $7.86k to Japan. The main products that British Virgin Islands exported to Japan were Collector's Items ($6.37k) and Iron Fasteners ($1.49k). Over the past 5 years the exports of British Virgin Islands to Japan have increased at an annualized rate of 19.5%, from $3.23k in 2017 to $7.86k in 2022.

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

Japan-British Virgin Islands Trade: In 2022, Japan exported $2.65M to British Virgin Islands. The main products that Japan exported to British Virgin Islands were Cars ($1.88M), Spark-Ignition Engines ($566k), and Electric Generating Sets ($72.5k). Over the past 5 years the exports of Japan to British Virgin Islands have decreased at an annualized rate of 19.2%,  from $7.73M in 2017 to $2.65M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $7.86k to Japan. The main products exported from British Virgin Islands to Japan were Collector's Items ($6.37k) and Iron Fasteners ($1.49k). During the last 5 years the exports of British Virgin Islands to Japan have increased at an annualized rate of 19.5%, from $3.23k in 2017 to $7.86k in 2022.

In 2017, Japan exported $2.65M to British Virgin Islands. The main products exported from Japan to British Virgin Islands were Cars ($1.88M), Spark-Ignition Engines ($566k), and Electric Generating Sets ($72.5k). During the last 5 years the exports of Japan to British Virgin Islands have decreased at an annualized rate of 19.2%, from $7.73M in 2022 to $2.65M in 2017.

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

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

Latest Data

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

Japan Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Japan
Top Destination
United States$137B

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

In 2022, no countries were registered that imported more from British Virgin Islands than from Japan.

In 2022, countries that imported more from Japan than British Virgin Islands included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Comparative Advantage British Virgin Islands - Japan

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Japan in the exports of Arts and Antiques ($6.37k) and Metals ($1.49k).

During 2017, Japan had a large net trade with British Virgin Islands in the exports of Transportation ($1.95M), Machines ($689k), and Foodstuffs ($13.7k).

Economic Complexity

Competitive Landscape

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

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

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