2022
Flag
 GDP
$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH
2.87%CURRENT US$
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2022
Flag
GDP PC
$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH
-3.9%CURRENT US$
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About

British Virgin Islands-Trinidad and Tobago Trade: In 2022, British Virgin Islands exported $19.2k to Trinidad and Tobago. The main products that British Virgin Islands exported to Trinidad and Tobago were Other Plastic Products ($6.78k), Sulfonated, Nitrated or Nitrosated Hydrocarbons ($6.59k), and Used Clothing ($1.01k). Over the past 5 years the exports of British Virgin Islands to Trinidad and Tobago have increased at an annualized rate of 1.27%, from $18.1k in 2017 to $19.2k in 2022.

In 2022, British Virgin Islands did not export any services to Trinidad and Tobago.

Trinidad and Tobago-British Virgin Islands Trade: In 2022, Trinidad and Tobago exported $7.21M to British Virgin Islands. The main products that Trinidad and Tobago exported to British Virgin Islands were Petroleum Gas ($3.76M), Flavored Water ($876k), and Cement ($599k). Over the past 5 years the exports of Trinidad and Tobago to British Virgin Islands have decreased at an annualized rate of 10.1%,  from $12.3M in 2017 to $7.21M in 2022.

In 2022, Trinidad and Tobago did not export any services to British Virgin Islands.

Comparison In 2022,  British Virgin Islands ranked 185 in total exports ($206M). That same year, Trinidad and Tobago ranked 91 in total exports ($13.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $19.2k to Trinidad and Tobago. The main products exported from British Virgin Islands to Trinidad and Tobago were Other Plastic Products ($6.78k), Sulfonated, Nitrated or Nitrosated Hydrocarbons ($6.59k), and Used Clothing ($1.01k). During the last 5 years the exports of British Virgin Islands to Trinidad and Tobago have increased at an annualized rate of 1.27%, from $18.1k in 2017 to $19.2k in 2022.

In 2017, Trinidad and Tobago exported $7.21M to British Virgin Islands. The main products exported from Trinidad and Tobago to British Virgin Islands were Petroleum Gas ($3.76M), Flavored Water ($876k), and Cement ($599k). During the last 5 years the exports of Trinidad and Tobago to British Virgin Islands have decreased at an annualized rate of 10.1%, from $12.3M in 2022 to $7.21M in 2017.

Exports from British Virgin Islands (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to British Virgin Islands (Flag) (2022)

Latest Data

Trade between British Virgin Islands (Flag) and Trinidad and Tobago (Flag)

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Trinidad and Tobago
Top Destination
United States$4.91B

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

In 2022, countries that imported more from British Virgin Islands than Trinidad and Tobago included Egypt ($12.2M), Zimbabwe ($5.02M), and Switzerland ($19.1M).

In 2022, countries that imported more from Trinidad and Tobago than British Virgin Islands included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

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

Comparative Advantage British Virgin Islands - Trinidad and Tobago

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Trinidad and Tobago in the exports of Plastics and Rubbers ($6.78k), Chemical Products ($6.65k), and Miscellaneous ($2.23k).

During 2017, Trinidad and Tobago had a large net trade with British Virgin Islands in the exports of Mineral Products ($4.46M), Foodstuffs ($1.91M), and Plastics and Rubbers ($278k).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Trinidad and Tobago (Flag) (2022)

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