2023
Flag
 GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC
$1,597CURRENT US$
Rnk 164 / 196
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195

About

British Virgin Islands-Nigeria Trade: In 2023, British Virgin Islands exported $25.4k to Nigeria. The main products that British Virgin Islands exported to Nigeria were Nonaqueous Paints ($15.4k), Abrasive Powder ($6.4k), and Aircraft parts (gliders, balloons, and powered aircraft) ($1.36k). Over the past 5 years the exports of British Virgin Islands to Nigeria have decreased at an annualized rate of 51%, from $897k in 2018 to $25.4k in 2023.

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

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

In 2023, Nigeria 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, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $25.4k to Nigeria. The main products exported from British Virgin Islands to Nigeria were Nonaqueous Paints ($15.4k), Abrasive Powder ($6.4k), and Aircraft parts (gliders, balloons, and powered aircraft) ($1.36k). During the last 5 years the exports of British Virgin Islands to Nigeria have decreased at an annualized rate of 51%, from $897k in 2018 to $25.4k in 2023.

Nigeria does not register exports to British Virgin Islands.

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

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

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Nigeria
Top Destination
United States$6.29B

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

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

In 2023, countries that imported more from Nigeria than British Virgin Islands included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

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

Comparative Advantage British Virgin Islands - Nigeria

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Nigeria in the exports of Chemical Products ($15.4k), Stone And Glass ($6.4k), and Transportation ($1.84k).

Economic Complexity

Competitive Landscape

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

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

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