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2023
Flag → Flag
Exports $138kRnk 44 / 82
2023
Flag → Flag
Top Product $125kOther toys
2023
Flag → Flag
Exports $77.1kRnk 177 / 201
2023
Flag → Flag
Top Product $77.1kOther Processed Fruits and Nuts
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

British Virgin Islands-Philippines Trade: In 2023, British Virgin Islands exported $138k to Philippines. The main products that British Virgin Islands exported to Philippines were Other toys ($125k), Dyeing Finishing Agents ($11.8k), and Integrated Circuits ($1.28k). Over the past 5 years the exports of British Virgin Islands to Philippines have decreased at an annualized rate of 42.6%, from $2.23M in 2018 to $138k in 2023.

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

Philippines-British Virgin Islands Trade: In 2023, Philippines exported $77.1k to British Virgin Islands. The main products that Philippines exported to British Virgin Islands were Other Processed Fruits and Nuts ($77.1k). Over the past 5 years the exports of Philippines to British Virgin Islands have decreased at an annualized rate of 25.6%,  from $453k in 2018 to $77.1k in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $138k to Philippines. The main products exported from British Virgin Islands to Philippines were Other toys ($125k), Dyeing Finishing Agents ($11.8k), and Integrated Circuits ($1.28k). During the last 5 years the exports of British Virgin Islands to Philippines have decreased at an annualized rate of 42.6%, from $2.23M in 2018 to $138k in 2023.

In 2018, Philippines exported $77.1k to British Virgin Islands. The main products exported from Philippines to British Virgin Islands were Other Processed Fruits and Nuts ($77.1k). During the last 5 years the exports of Philippines to British Virgin Islands have decreased at an annualized rate of 25.6%, from $453k in 2023 to $77.1k in 2018.

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

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

Latest Data

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

Philippines Exports

Market Competitiveness

Color
British Virgin Islands
Top DestinationMalta$93.7M
Philippines
Top DestinationChina$19B

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

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

In 2023, countries that imported more from Philippines than British Virgin Islands included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage British Virgin Islands - Philippines

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Philippines in the exports of Miscellaneous ($125k), Chemical Products ($11.8k), and Machines ($1.28k).

During 2018, Philippines had a large net trade with British Virgin Islands in the exports of Foodstuffs ($77.1k).

Economic Complexity

Competitive Landscape

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

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

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