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2023
Flag → Flag
Exports $85.4kRnk 46 / 82
2023
Flag → Flag
Top Product $57.3kNewspapers
2023
Flag → Flag
Exports $1.31MRnk 199 / 216
2023
Flag → Flag
Top Product $1.07MDelivery Trucks
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag
 GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 195
2023
Flag
GDP PC$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

British Virgin Islands-Thailand Trade: In 2023, British Virgin Islands exported $85.4k to Thailand. The main products that British Virgin Islands exported to Thailand were Newspapers ($57.3k), Sports Equipment ($18k), and Other Rubber Products ($5.12k). Over the past 5 years the exports of British Virgin Islands to Thailand have decreased at an annualized rate of 41.4%, from $1.23M in 2018 to $85.4k in 2023.

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

Thailand-British Virgin Islands Trade: In 2023, Thailand exported $1.31M to British Virgin Islands. The main products that Thailand exported to British Virgin Islands were Delivery Trucks ($1.07M), Cars ($78.5k), and Motor vehicles; parts and accessories (8701 to 8705) ($57.4k). Over the past 5 years the exports of Thailand to British Virgin Islands have decreased at an annualized rate of 7.1%,  from $2.95M in 2018 to $1.31M in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $85.4k to Thailand. The main products exported from British Virgin Islands to Thailand were Newspapers ($57.3k), Sports Equipment ($18k), and Other Rubber Products ($5.12k). During the last 5 years the exports of British Virgin Islands to Thailand have decreased at an annualized rate of 41.4%, from $1.23M in 2018 to $85.4k in 2023.

In 2018, Thailand exported $1.31M to British Virgin Islands. The main products exported from Thailand to British Virgin Islands were Delivery Trucks ($1.07M), Cars ($78.5k), and Motor vehicles; parts and accessories (8701 to 8705) ($57.4k). During the last 5 years the exports of Thailand to British Virgin Islands have decreased at an annualized rate of 7.1%, from $2.95M in 2023 to $1.31M in 2018.

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

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

Latest Data

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

Thailand Exports

Market Competitiveness

Color
British Virgin Islands
Top DestinationMalta$93.7M
Thailand
Top DestinationUnited States$58.5B

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

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

In 2023, countries that imported more from Thailand than British Virgin Islands included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage British Virgin Islands - Thailand

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Thailand in the exports of Paper Goods ($57.3k), Miscellaneous ($18k), and Plastics and Rubbers ($5.63k).

During 2018, Thailand had a large net trade with British Virgin Islands in the exports of Transportation ($1.21M), Machines ($48.9k), and Paper Goods ($25.5k).

Economic Complexity

Competitive Landscape

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

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

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