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2023
Flag → Flag
Exports $14.8kRnk 61 / 82
2023
Flag → Flag
Top Product $7.1kLubricating Products
2023
Flag → Flag
Exports $26.3MRnk 156 / 216
2023
Flag → Flag
Top Product $24.7MRecreational Boats
2023
Flag
Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
Flag
 GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
GDP PC$13,106CURRENT US$
Rnk 77 / 196
2013-2023
Flag
GDP PC GROWTH4.19%CURRENT US$
Rnk 147 / 195

About

British Virgin Islands-Turkey Trade: In 2023, British Virgin Islands exported $14.8k to Turkey. The main products that British Virgin Islands exported to Turkey were Lubricating Products ($7.1k), Nonaqueous Paints ($4.65k), and Refined Petroleum ($2.73k). Over the past 6 years the exports of British Virgin Islands to Turkey have decreased at an annualized rate of 70.3%, from $21.7M in 2017 to $14.8k in 2023.

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

Turkey-British Virgin Islands Trade: In 2023, Turkey exported $26.3M to British Virgin Islands. The main products that Turkey exported to British Virgin Islands were Recreational Boats ($24.7M), Centrifuges ($266k), and Refined Petroleum ($182k). Over the past 6 years the exports of Turkey to British Virgin Islands have increased at an annualized rate of 44.6%,  from $4.15M in 2017 to $26.3M in 2023.

In 2023, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $14.8k to Turkey. The main products exported from British Virgin Islands to Turkey were Lubricating Products ($7.1k), Nonaqueous Paints ($4.65k), and Refined Petroleum ($2.73k). During the last 6 years the exports of British Virgin Islands to Turkey have decreased at an annualized rate of 70.3%, from $21.7M in 2017 to $14.8k in 2023.

In 2018, Turkey exported $26.3M to British Virgin Islands. The main products exported from Turkey to British Virgin Islands were Recreational Boats ($24.7M), Centrifuges ($266k), and Refined Petroleum ($182k). During the last 5 years the exports of Turkey to British Virgin Islands have increased at an annualized rate of 44.6%, from $4.15M in 2023 to $26.3M in 2018.

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

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

Latest Data

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

Turkey Exports

Market Competitiveness

Color
British Virgin Islands
Top DestinationMalta$93.7M
Turkey
Top DestinationGermany$24.7B

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

In 2023, no countries were registered that imported more from British Virgin Islands than from Turkey.

In 2023, countries that imported more from Turkey than British Virgin Islands included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

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

Comparative Advantage British Virgin Islands - Turkey

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Turkey in the exports of Chemical Products ($11.8k), Mineral Products ($2.73k), and Arts and Antiques ($188).

During 2018, Turkey had a large net trade with British Virgin Islands in the exports of Transportation ($24.7M), Machines ($531k), and Mineral Products ($322k).

Economic Complexity

Competitive Landscape

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

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

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