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Exports In 2023, British Virgin Islands exported $55.6k in Electrical Transformers, making it the 169th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 85th most exported product in British Virgin Islands. The main destination of Electrical Transformers exports from British Virgin Islands are: Canada ($26.6k), Grenada ($10k), Slovakia ($8.92k), Jamaica ($3.02k), and United States ($2.97k).

The fastest growing export markets for Electrical Transformers of British Virgin Islands between 2022 and 2023 were Canada ($26.6k), Grenada ($10k), and Slovakia ($5.36k).

Imports In 2023, British Virgin Islands imported $1.5M in Electrical Transformers, becoming the 196th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 58th most imported product in British Virgin Islands. British Virgin Islands imports Electrical Transformers primarily from: United States ($1.42M), United Kingdom ($20.8k), Belgium ($20.6k), Dominican Republic ($15.9k), and China ($7.25k).

The fastest growing import markets in Electrical Transformers for British Virgin Islands between 2022 and 2023 were United States ($65.5k), Belgium ($20.6k), and Dominican Republic ($15.9k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electrical Transformers. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$55.6k
IMPORTS (2023)$1.5M
NET TRADE (2023)-$1.44M

In 2023, British Virgin Islands exported $55.6k in Electrical Transformers. The main destinations of British Virgin Islands exports on Electrical Transformers were Canada ($26.6k), Grenada ($10k), Slovakia ($8.92k), Jamaica ($3.02k), and United States ($2.97k).

In 2023, British Virgin Islands imported $1.5M in Electrical Transformers, mainly from United States ($1.42M), United Kingdom ($20.8k), Belgium ($20.6k), Dominican Republic ($15.9k), and China ($7.25k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR British Virgin Islands WERE (2022 - 2023):
Canada$26.6k (1%)
Grenada$10k (1%)
Slovakia$5.36k (150%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY British Virgin Islands WERE (2022 - 2023):
Zimbabwe-$60.6k (-98.4%)
Montserrat-$17.1k (-100%)
Guatemala-$768 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, British Virgin Islands's main exporting competitors in Electrical Transformers were:
China $51.9B
Germany $12.8B
Mexico $6.34B
In 2023, British Virgin Islands's main importing competitors in Electrical Transformers were:

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Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

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Electrical Transformers’s highest export potential is N/A. With an export gap of N/A.   Electrical Transformers’s highest import potential is N/A with an import gap of N/A.

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