2023
Flag
 GDP
$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
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2023
Flag
GDP PC
$22,798CURRENT US$
Rnk 54 / 196
2013-2023
Flag
GDP PC GROWTH
24.3%CURRENT US$
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About

British Virgin Islands-Uruguay Trade: In 2023, British Virgin Islands exported $37k to Uruguay. The main products that British Virgin Islands exported to Uruguay were Electrical Control Boards ($20k) and Alkylbenzenes and Alkylnaphthalenes ($17k). Over the past 5 years the exports of British Virgin Islands to Uruguay have decreased at an annualized rate of 19.4%, from $109k in 2018 to $37k in 2023.

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

Uruguay-British Virgin Islands In N/A, Uruguay did not export any products to British Virgin Islands.

In 2023, Uruguay 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, Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, British Virgin Islands exported $37k to Uruguay. The main products exported from British Virgin Islands to Uruguay were Electrical Control Boards ($20k) and Alkylbenzenes and Alkylnaphthalenes ($17k). During the last 5 years the exports of British Virgin Islands to Uruguay have decreased at an annualized rate of 19.4%, from $109k in 2018 to $37k in 2023.

Uruguay does not register exports to British Virgin Islands. The main products exported from Uruguay to British Virgin Islands were Copper Springs ($93.8k).

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

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

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$93.7M
Uruguay
Top Destination
China$2.34B

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

In 2023, countries that imported more from British Virgin Islands than Uruguay included Malta ($93.7M), Guyana ($61.6M), and Greece ($30.3M).

In 2023, countries that imported more from Uruguay than British Virgin Islands included China ($2.34B), Brazil ($1.92B), and United States ($880M).

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

Comparative Advantage British Virgin Islands - Uruguay

Flow
Scale

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

During 2023, British Virgin Islands had a large net trade with Uruguay in the exports of Machines ($20k) and Chemical Products ($17k).

Economic Complexity

Competitive Landscape

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

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

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