2022
Flag
 GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
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GDP GROWTH
37.6%CURRENT US$
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2022
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GDP PC
$126,426CURRENT US$
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2012-2022
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GDP PC GROWTH
12.3%CURRENT US$
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About

British Virgin Islands-Luxembourg Trade: In 2022, British Virgin Islands exported $29.3k to Luxembourg. The main products that British Virgin Islands exported to Luxembourg were Portable Lighting ($17.4k), Hard Liquor ($8.63k), and Light Fixtures ($2.75k). Over the past 5 years the exports of British Virgin Islands to Luxembourg have decreased at an annualized rate of 3.94%, from $35.9k in 2017 to $29.3k in 2022.

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

Luxembourg-British Virgin Islands In N/A, Luxembourg did not export any products to British Virgin Islands.

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

Comparison In 2022,  British Virgin Islands ranked 185 in total exports ($206M). That same year, Luxembourg ranked 78 in total exports ($20.5B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $29.3k to Luxembourg. The main products exported from British Virgin Islands to Luxembourg were Portable Lighting ($17.4k), Hard Liquor ($8.63k), and Light Fixtures ($2.75k). During the last 5 years the exports of British Virgin Islands to Luxembourg have decreased at an annualized rate of 3.94%, from $35.9k in 2017 to $29.3k in 2022.

Luxembourg does not register exports to British Virgin Islands. The main products exported from Luxembourg to British Virgin Islands were Synthetic Filament Tow ($282).

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

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

Latest Data

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

Luxembourg Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Luxembourg
Top Destination
Germany$4.15B

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

In 2022, countries that imported more from British Virgin Islands than Luxembourg included Malta ($85.8M), Zimbabwe ($5.02M), and Bahamas ($824k).

In 2022, countries that imported more from Luxembourg than British Virgin Islands included Germany ($4.15B), France ($3.07B), and Belgium ($2.09B).

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

Comparative Advantage British Virgin Islands - Luxembourg

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Luxembourg in the exports of Machines ($17.4k), Foodstuffs ($8.63k), and Miscellaneous ($2.75k).

Economic Complexity

Competitive Landscape

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

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

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