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2023
Flag → Flag
Exports $3.79kRnk 66 / 82
2023
Flag → Flag
Top Product $3.79kNickel Sheets
2023
Flag → Flag
Exports $130kRnk 196 / 212
2023
Flag → Flag
Top Product $48.3kIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132

About

British Virgin Islands-Chinese Taipei Trade: In 2023, British Virgin Islands exported $3.79k to Chinese Taipei. The main products that British Virgin Islands exported to Chinese Taipei were Nickel Sheets ($3.79k). Over the past 5 years the exports of British Virgin Islands to Chinese Taipei have decreased at an annualized rate of 55.3%, from $213k in 2018 to $3.79k in 2023.

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

Chinese Taipei-British Virgin Islands Trade: In 2023, Chinese Taipei exported $130k to British Virgin Islands. The main products that Chinese Taipei exported to British Virgin Islands were Integrated Circuits ($48.3k), Semiconductor Devices ($19.7k), and Optical Fibers and optical fibre bundles ($16.4k). Over the past 5 years the exports of Chinese Taipei to British Virgin Islands have decreased at an annualized rate of 27.6%,  from $652k in 2018 to $130k in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $3.79k to Chinese Taipei. The main products exported from British Virgin Islands to Chinese Taipei were Nickel Sheets ($3.79k). During the last 5 years the exports of British Virgin Islands to Chinese Taipei have decreased at an annualized rate of 55.3%, from $213k in 2018 to $3.79k in 2023.

In 2018, Chinese Taipei exported $130k to British Virgin Islands. The main products exported from Chinese Taipei to British Virgin Islands were Integrated Circuits ($48.3k), Semiconductor Devices ($19.7k), and Optical Fibers and optical fibre bundles ($16.4k). During the last 5 years the exports of Chinese Taipei to British Virgin Islands have decreased at an annualized rate of 27.6%, from $652k in 2023 to $130k in 2018.

Exports from British Virgin Islands (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to British Virgin Islands (Flag) (2023)

Market Competitiveness

Color
British Virgin Islands
Top DestinationMalta$93.7M
Chinese Taipei
Top DestinationChina$101B

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

In 2023, countries that imported more from British Virgin Islands than Chinese Taipei included Guyana ($61.6M), Bahamas ($1.59M), and Barbados ($4.1M).

In 2023, countries that imported more from Chinese Taipei than British Virgin Islands included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

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

Comparative Advantage British Virgin Islands - Chinese Taipei

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Chinese Taipei in the exports of Metals ($3.79k).

During 2018, Chinese Taipei had a large net trade with British Virgin Islands in the exports of Machines ($88k), Instruments ($31.8k), and Chemical Products ($9.75k).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Chinese Taipei (Flag) (2023)

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