2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
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GDP PC
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

British Virgin Islands-Portugal Trade: In 2022, British Virgin Islands exported $607k to Portugal. The main products that British Virgin Islands exported to Portugal were Recreational Boats ($369k), Printed Circuit Boards ($164k), and Electrical Control Boards ($73.7k). Over the past 7 years the exports of British Virgin Islands to Portugal have increased at an annualized rate of 100%, from $4.73k in 2015 to $607k in 2022.

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

Portugal-British Virgin Islands Trade: In 2022, Portugal exported $728k to British Virgin Islands. The main products that Portugal exported to British Virgin Islands were Recreational Boats ($548k), Wood Carpentry ($83.7k), and Blank Audio Media ($11.8k). Over the past 7 years the exports of Portugal to British Virgin Islands have increased at an annualized rate of 32.9%,  from $176k in 2015 to $728k in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $607k to Portugal. The main products exported from British Virgin Islands to Portugal were Recreational Boats ($369k), Printed Circuit Boards ($164k), and Electrical Control Boards ($73.7k). During the last 7 years the exports of British Virgin Islands to Portugal have increased at an annualized rate of 100%, from $4.73k in 2015 to $607k in 2022.

In 2017, Portugal exported $728k to British Virgin Islands. The main products exported from Portugal to British Virgin Islands were Recreational Boats ($548k), Wood Carpentry ($83.7k), and Blank Audio Media ($11.8k). During the last 5 years the exports of Portugal to British Virgin Islands have increased at an annualized rate of 32.9%, from $176k in 2022 to $728k in 2017.

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

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

Latest Data

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

Portugal Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Portugal
Top Destination
Spain$20.5B

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

In 2022, countries that imported more from British Virgin Islands than Portugal included Malta ($85.8M) and Montserrat ($24.9k).

In 2022, countries that imported more from Portugal than British Virgin Islands included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage British Virgin Islands - Portugal

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Portugal in the exports of Transportation ($369k), Machines ($238k), and Paper Goods ($216).

During 2017, Portugal had a large net trade with British Virgin Islands in the exports of Transportation ($548k), Wood Products ($83.8k), and Foodstuffs ($33.7k).

Economic Complexity

Competitive Landscape

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

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

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