2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

British Virgin Islands-South Africa Trade: In 2022, British Virgin Islands exported $2.06M to South Africa. The main products that British Virgin Islands exported to South Africa were Railway Cargo Containers ($2.04M), Electric Heaters ($4.58k), and Other Heating Machinery ($4.05k). Over the past 5 years the exports of British Virgin Islands to South Africa have decreased at an annualized rate of 11.3%, from $3.75M in 2017 to $2.06M in 2022.

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

South Africa-British Virgin Islands Trade: In 2022, South Africa exported $30.5M to British Virgin Islands. The main products that South Africa exported to British Virgin Islands were Recreational Boats ($29.6M), Spark-Ignition Engines ($265k), and Awnings, Tents, and Sails ($129k). Over the past 5 years the exports of South Africa to British Virgin Islands have decreased at an annualized rate of 5.83%,  from $41.2M in 2017 to $30.5M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $2.06M to South Africa. The main products exported from British Virgin Islands to South Africa were Railway Cargo Containers ($2.04M), Electric Heaters ($4.58k), and Other Heating Machinery ($4.05k). During the last 5 years the exports of British Virgin Islands to South Africa have decreased at an annualized rate of 11.3%, from $3.75M in 2017 to $2.06M in 2022.

In 2017, South Africa exported $30.5M to British Virgin Islands. The main products exported from South Africa to British Virgin Islands were Recreational Boats ($29.6M), Spark-Ignition Engines ($265k), and Awnings, Tents, and Sails ($129k). During the last 5 years the exports of South Africa to British Virgin Islands have decreased at an annualized rate of 5.83%, from $41.2M in 2022 to $30.5M in 2017.

Exports from British Virgin Islands (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to British Virgin Islands (Flag) (2022)

Latest Data

Trade between British Virgin Islands (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from British Virgin Islands than South Africa included Malta ($85.8M) and Montserrat ($24.9k).

In 2022, countries that imported more from South Africa than British Virgin Islands included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

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

Comparative Advantage British Virgin Islands - South Africa

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with South Africa in the exports of Transportation ($2.04M), Machines ($8.69k), and Miscellaneous ($2.93k).

During 2017, South Africa had a large net trade with British Virgin Islands in the exports of Transportation ($29.7M), Machines ($313k), and Textiles ($170k).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and South Africa (Flag) (2022)

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