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Exports In 2023, British Virgin Islands exported $90.4k in Excavation Machinery, making it the 172nd largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 62nd most exported product in British Virgin Islands. The main destination of Excavation Machinery exports from British Virgin Islands are: Saudi Arabia ($66.1k), Guatemala ($9.86k), Malaysia ($5.71k), Zimbabwe ($5.18k), and Barbados ($3.43k).

The fastest growing export markets for Excavation Machinery of British Virgin Islands between 2022 and 2023 were Saudi Arabia ($44.8k), Guatemala ($9.86k), and Malaysia ($5.71k).

Imports In 2023, British Virgin Islands imported $855k in Excavation Machinery, becoming the 193rd largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 98th most imported product in British Virgin Islands. British Virgin Islands imports Excavation Machinery primarily from: United States ($730k), Norway ($53.7k), China ($38.6k), Italy ($12.1k), and United Kingdom ($8.45k).

The fastest growing import markets in Excavation Machinery for British Virgin Islands between 2022 and 2023 were Norway ($53.7k), United Kingdom ($8.45k), and Germany ($4.99k).

Latest Trends

Jan 2025

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 Excavation Machinery. 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)$90.4k
IMPORTS (2023)$855k
NET TRADE (2023)-$764k

In 2023, British Virgin Islands exported $90.4k in Excavation Machinery. The main destinations of British Virgin Islands exports on Excavation Machinery were Saudi Arabia ($66.1k), Guatemala ($9.86k), Malaysia ($5.71k), Zimbabwe ($5.18k), and Barbados ($3.43k).

In 2023, British Virgin Islands imported $855k in Excavation Machinery, mainly from United States ($730k), Norway ($53.7k), China ($38.6k), Italy ($12.1k), and United Kingdom ($8.45k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR British Virgin Islands WERE (2022 - 2023):
Saudi Arabia$44.8k (211%)
Guatemala$9.86k (1%)
Malaysia$5.71k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY British Virgin Islands WERE (2022 - 2023):
Antigua and Barbuda-$44.8k (-100%)
Cuba-$735 (-100%)
Dominica-$227 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, British Virgin Islands's main exporting competitors in Excavation Machinery were:
In 2023, British Virgin Islands's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

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

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