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2022
Flag → Flag
Exports $4.75MRnk 8 / 90
2022
Flag → Flag
Top Product $4.75MPassenger and Cargo Ships
2022
Flag → Flag
Exports $26MRnk 158 / 219
2022
Flag → Flag
Top Product $22.5MRecreational Boats
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

British Virgin Islands-Turkey Trade: In 2022, British Virgin Islands exported $4.75M to Turkey. The main products that British Virgin Islands exported to Turkey were Passenger and Cargo Ships ($4.75M), Valves ($1.94k), and Low-voltage Protection Equipment ($349). Over the past 6 years the exports of British Virgin Islands to Turkey have decreased at an annualized rate of 3.97%, from $6.06M in 2016 to $4.75M in 2022.

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

Turkey-British Virgin Islands Trade: In 2022, Turkey exported $26M to British Virgin Islands. The main products that Turkey exported to British Virgin Islands were Recreational Boats ($22.5M), Refined Petroleum ($1.63M), and Building Stone ($346k). Over the past 6 years the exports of Turkey to British Virgin Islands have decreased at an annualized rate of 21.7%,  from $88.2M in 2016 to $26M in 2022.

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

Comparison In 2022,  British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $4.75M to Turkey. The main products exported from British Virgin Islands to Turkey were Passenger and Cargo Ships ($4.75M), Valves ($1.94k), and Low-voltage Protection Equipment ($349). During the last 6 years the exports of British Virgin Islands to Turkey have decreased at an annualized rate of 3.97%, from $6.06M in 2016 to $4.75M in 2022.

In 2017, Turkey exported $26M to British Virgin Islands. The main products exported from Turkey to British Virgin Islands were Recreational Boats ($22.5M), Refined Petroleum ($1.63M), and Building Stone ($346k). During the last 5 years the exports of Turkey to British Virgin Islands have decreased at an annualized rate of 21.7%, from $88.2M in 2022 to $26M in 2017.

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

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

Latest Data

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

Turkey Exports

Market Competitiveness

Color
British Virgin Islands
Top DestinationMalta$85.8M
Turkey
Top DestinationGermany$21.9B

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 2022, countries that imported more from British Virgin Islands than Turkey included Montserrat ($24.9k).

In 2022, countries that imported more from Turkey than British Virgin Islands included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

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 2022, British Virgin Islands had a large net trade with Turkey in the exports of Transportation ($4.75M), Machines ($2.59k), and Miscellaneous ($5).

During 2017, Turkey had a large net trade with British Virgin Islands in the exports of Transportation ($22.5M), Mineral Products ($1.96M), and Machines ($484k).

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) (2022)

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