2022
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 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
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GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
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GDP PC GROWTH
30.9%CURRENT US$
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About

British Virgin Islands-Philippines Trade: In 2022, British Virgin Islands exported $48.7k to Philippines. The main products that British Virgin Islands exported to Philippines were Dyeing Finishing Agents ($18.8k), Clays ($16.1k), and Chocolate ($6.23k). Over the past 5 years the exports of British Virgin Islands to Philippines have decreased at an annualized rate of 46.5%, from $1.11M in 2017 to $48.7k in 2022.

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

Philippines-British Virgin Islands Trade: In 2022, Philippines exported $142 to British Virgin Islands. The main products that Philippines exported to British Virgin Islands were Knitted Hats ($92) and Non-Knit Women's Suits ($50). Over the past 5 years the exports of Philippines to British Virgin Islands have decreased at an annualized rate of 85.2%,  from $1.97M in 2017 to $142 in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $48.7k to Philippines. The main products exported from British Virgin Islands to Philippines were Dyeing Finishing Agents ($18.8k), Clays ($16.1k), and Chocolate ($6.23k). During the last 5 years the exports of British Virgin Islands to Philippines have decreased at an annualized rate of 46.5%, from $1.11M in 2017 to $48.7k in 2022.

In 2017, Philippines exported $142 to British Virgin Islands. The main products exported from Philippines to British Virgin Islands were Knitted Hats ($92) and Non-Knit Women's Suits ($50). During the last 5 years the exports of Philippines to British Virgin Islands have decreased at an annualized rate of 85.2%, from $1.97M in 2022 to $142 in 2017.

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

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

Latest Data

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

Philippines Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Philippines
Top Destination
United States$15.5B

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 2022, countries that imported more from British Virgin Islands than Philippines included Malta ($85.8M), Zimbabwe ($5.02M), and Barbados ($253k).

In 2022, countries that imported more from Philippines than British Virgin Islands included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

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 2022, British Virgin Islands had a large net trade with Philippines in the exports of Chemical Products ($18.8k), Mineral Products ($16.1k), and Foodstuffs ($12.3k).

During 2017, Philippines had a large net trade with British Virgin Islands in the exports of Footwear and Headwear ($92) and Textiles ($50).

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) (2022)

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