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Exports In 2023, British Virgin Islands exported $52.7M in Refined Petroleum, making it the 120th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in British Virgin Islands. The main destination of Refined Petroleum exports from British Virgin Islands are: Guyana ($49.8M), Zambia ($2.86M), Turkey ($2.73k), Antigua and Barbuda ($2.51k), and Kyrgyzstan ($913).

The fastest growing export markets for Refined Petroleum of British Virgin Islands between 2022 and 2023 were Guyana ($49.8M), Zambia ($2.86M), and Turkey ($2.73k).

Imports In 2023, British Virgin Islands imported $93.7M in Refined Petroleum, becoming the 177th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in British Virgin Islands. British Virgin Islands imports Refined Petroleum primarily from: United States ($92M), Uzbekistan ($1.22M), Antigua and Barbuda ($239k), Turkey ($182k), and United Arab Emirates ($55.2k).

The fastest growing import markets in Refined Petroleum for British Virgin Islands between 2022 and 2023 were Uzbekistan ($1.19M), United Arab Emirates ($21k), and France ($13.3k).

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 Refined Petroleum. 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)$52.7M
IMPORTS (2023)$93.7M
NET TRADE (2023)-$41M

In 2023, British Virgin Islands exported $52.7M in Refined Petroleum. The main destinations of British Virgin Islands exports on Refined Petroleum were Guyana ($49.8M), Zambia ($2.86M), Turkey ($2.73k), Antigua and Barbuda ($2.51k), and Kyrgyzstan ($913).

In 2023, British Virgin Islands imported $93.7M in Refined Petroleum, mainly from United States ($92M), Uzbekistan ($1.22M), Antigua and Barbuda ($239k), Turkey ($182k), and United Arab Emirates ($55.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR British Virgin Islands WERE (2022 - 2023):
Guyana$49.8M (1%)
Zambia$2.86M (1%)
Turkey$2.73k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY British Virgin Islands WERE (2022 - 2023):
Brazil-$24.2M (-100%)
Zimbabwe-$534k (-100%)
Antigua and Barbuda-$25 (-0.99%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, British Virgin Islands's main exporting competitors in Refined Petroleum were:
In 2023, British Virgin Islands's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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

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