2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH
48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC
$2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH
29.1%CURRENT US$
Rnk 66 / 186

About

British Virgin Islands-Nicaragua In 2022, British Virgin Islands exported $480 to Nicaragua. The main products that British Virgin Islands exported to Nicaragua are Hard Liquor ($480). During the last 22 years the exports of British Virgin Islands to Nicaragua have decreased at an annualized rate of 23%, from $152k in 2000 to $480 in 2022.

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

Nicaragua-British Virgin Islands In 2022, Nicaragua exported $157k to British Virgin Islands. The main products that Nicaragua exported to British Virgin Islands were N/A. During the last 22 years the exports of Nicaragua to British Virgin Islands have decreased at an annualized rate of 0.56%, from $177k in 2000 to $157k in 2022.

In 2022, Nicaragua 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, Nicaragua ranked 107 in the Economic Complexity Index (ECI -1.03), and 111 in total exports ($7.92B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $480 to Nicaragua. The main products exported from British Virgin Islands to Nicaragua were Hard Liquor ($480). During the last 22 years the exports of British Virgin Islands to Nicaragua have decreased at an annualized rate of 23%, from $152k in 2000 to $480 in 2022.

In 2021, Nicaragua exported $157k to British Virgin Islands. There were not main exports from Nicaragua to British Virgin Islands in 2021. During the last 24 years the exports of Nicaragua to British Virgin Islands have decreased at an annualized rate of 0.56%, from $177k in 1997 to $157k in 2021.

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

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

Latest Data

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

Nicaragua Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Nicaragua
Top Destination
United States$4.09B

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

In 2021, countries that imported more from British Virgin Islands than Nicaragua were Malta ($85.8M), Brazil ($23M), and Egypt ($12.2M).

In 2021, countries that imported more from Nicaragua than British Virgin Islands were United States ($4.09B), Mexico ($943M), and Honduras ($541M).

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

Comparative Advantage British Virgin Islands - Nicaragua

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Nicaragua in the exports of Foodstuffs ($480).

During 2021, Nicaragua had a large net trade with British Virgin Islands in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more British Virgin Islands has comparative advantage over Nicaragua. Similarly, the more yellow a dot/product is, the more Nicaragua has comparative advantage over British Virgin Islands.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with