2023
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 GDP
$133BCURRENT US$
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2013-2023
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GDP GROWTH
34.1%CURRENT US$
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2023
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GDP PC
$24,491CURRENT US$
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2013-2023
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GDP PC GROWTH
33.7%CURRENT US$
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About

British Virgin Islands-Slovakia Trade: In 2023, British Virgin Islands exported $234k to Slovakia. The main products that British Virgin Islands exported to Slovakia were Liquid Dispersing Machines ($74.4k), Thermostats ($39.7k), and Rubber Footwear ($26k). Over the past 5 years the exports of British Virgin Islands to Slovakia have increased at an annualized rate of 22.2%, from $85.9k in 2018 to $234k in 2023.

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

Slovakia-British Virgin Islands Trade: In 2023, Slovakia exported $227k to British Virgin Islands. The main products that Slovakia exported to British Virgin Islands were N/A. Over the past 5 years the exports of Slovakia to British Virgin Islands have increased at an annualized rate of 56.5%,  from $24.2k in 2018 to $227k in 2023.

In 2023, Slovakia 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, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $234k to Slovakia. The main products exported from British Virgin Islands to Slovakia were Liquid Dispersing Machines ($74.4k), Thermostats ($39.7k), and Rubber Footwear ($26k). During the last 5 years the exports of British Virgin Islands to Slovakia have increased at an annualized rate of 22.2%, from $85.9k in 2018 to $234k in 2023.

In 2016, Slovakia exported $227k to British Virgin Islands. There were not main exports from Slovakia to British Virgin Islands in 2016. During the last 5 years the exports of Slovakia to British Virgin Islands have increased at an annualized rate of 56.5%, from $24.2k in 2021 to $227k in 2016.

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

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

Latest Data

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

Slovakia Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Slovakia
Top Destination
Germany$21.5B

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

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

In 2023, countries that imported more from Slovakia than British Virgin Islands included Germany ($21.5B), Czechia ($11.1B), and Hungary ($7.34B).

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

Comparative Advantage British Virgin Islands - Slovakia

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Slovakia in the exports of Machines ($93.2k), Footwear and Headwear ($54.5k), and Instruments ($39.7k).

During 2016, Slovakia 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 Slovakia. This means that a dot/product with the flag of British Virgin Islands indicates it has a comparative advantage over Slovakia. Similarly, a dot/product with the flag of Slovakia indicates it has a comparative advantage over British Virgin Islands.

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

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