2022
Flag
 GDP
$63.5BCURRENT US$
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2012-2022
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GDP GROWTH
46.6%CURRENT US$
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2022
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GDP PC
$9,394CURRENT US$
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2012-2022
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GDP PC GROWTH
56.1%CURRENT US$
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About

British Virgin Islands-Serbia Trade: In 2022, British Virgin Islands exported $549k to Serbia. The main products that British Virgin Islands exported to Serbia were Compounded Unvulcanised Rubber ($549k). Over the past 6 years the exports of British Virgin Islands to Serbia have increased at an annualized rate of 54.9%, from $39.8k in 2016 to $549k in 2022.

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

Serbia-British Virgin Islands Trade: In 2022, Serbia exported $1.74k to British Virgin Islands. The main products that Serbia exported to British Virgin Islands were N/A. Over the past 6 years the exports of Serbia to British Virgin Islands have decreased at an annualized rate of 29.2%,  from $9.77k in 2016 to $1.74k in 2022.

In 2009, Serbia exported services to British Virgin Islands worth $2.75M, with Transportation ($1.77M), Other business services ($706k), and Personal, cultural, and recreational services ($321k) being the largest in terms of value.

Comparison In 2022,  British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. That same year, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $549k to Serbia. The main products exported from British Virgin Islands to Serbia were Compounded Unvulcanised Rubber ($549k). During the last 6 years the exports of British Virgin Islands to Serbia have increased at an annualized rate of 54.9%, from $39.8k in 2016 to $549k in 2022.

In 2016, Serbia exported $1.74k to British Virgin Islands. There were not main exports from Serbia to British Virgin Islands in 2016. During the last 5 years the exports of Serbia to British Virgin Islands have decreased at an annualized rate of 29.2%, from $9.77k in 2021 to $1.74k in 2016.

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

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

Latest Data

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

Serbia Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Serbia
Top Destination
Germany$4B

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

In 2022, countries that imported more from British Virgin Islands than Serbia included Malta ($85.8M), Zimbabwe ($5.02M), and Bahamas ($824k).

In 2022, countries that imported more from Serbia than British Virgin Islands included Germany ($4B), Bosnia and Herzegovina ($2.14B), and Italy ($2.1B).

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

Comparative Advantage British Virgin Islands - Serbia

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Serbia in the exports of Plastics and Rubbers ($549k).

During 2016, Serbia had a large net trade with British Virgin Islands in the exports of .

Economic Complexity

Competitive Landscape

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

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

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