2023
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 GDP
$252BCURRENT US$
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2013-2023
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32.1%CURRENT US$
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2023
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$48,281CURRENT US$
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About

British Virgin Islands-New Zealand Trade: In 2023, British Virgin Islands exported $377 to New Zealand. The main products that British Virgin Islands exported to New Zealand were Metal Mountings ($274) and Padlocks ($103). Over the past 5 years the exports of British Virgin Islands to New Zealand have decreased at an annualized rate of 69.1%, from $134k in 2018 to $377 in 2023.

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

New Zealand-British Virgin Islands Trade: In 2023, New Zealand exported $263k to British Virgin Islands. The main products that New Zealand exported to British Virgin Islands were Combustion Engines ($94.4k), Wine ($66k), and Packaged Medicaments ($35.4k). Over the past 5 years the exports of New Zealand to British Virgin Islands have decreased at an annualized rate of 46.7%,  from $6.12M in 2018 to $263k in 2023.

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $377 to New Zealand. The main products exported from British Virgin Islands to New Zealand were Metal Mountings ($274) and Padlocks ($103). During the last 5 years the exports of British Virgin Islands to New Zealand have decreased at an annualized rate of 69.1%, from $134k in 2018 to $377 in 2023.

In 2018, New Zealand exported $263k to British Virgin Islands. The main products exported from New Zealand to British Virgin Islands were Combustion Engines ($94.4k), Wine ($66k), and Packaged Medicaments ($35.4k). During the last 5 years the exports of New Zealand to British Virgin Islands have decreased at an annualized rate of 46.7%, from $6.12M in 2023 to $263k in 2018.

Exports from British Virgin Islands (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to British Virgin Islands (Flag) (2023)

Latest Data

Trade between British Virgin Islands (Flag) and New Zealand (Flag)

New Zealand Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
New Zealand
Top Destination
China$12.3B

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

In 2023, countries that imported more from British Virgin Islands than New Zealand included Malta ($93.7M), Guyana ($61.6M), and Zimbabwe ($3.9M).

In 2023, countries that imported more from New Zealand than British Virgin Islands included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

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

Comparative Advantage British Virgin Islands - New Zealand

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with New Zealand in the exports of Metals ($377).

During 2018, New Zealand had a large net trade with British Virgin Islands in the exports of Machines ($101k), Foodstuffs ($66k), and Textiles ($48.6k).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and New Zealand (Flag) (2023)

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