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2022
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Exports $594kRnk 194 / 222
2022
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Top Product $307kAcrylic Polymers
2022
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Exports $158kRnk 38 / 90
2022
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Top Product $74.4kMachinery Having Individual Functions
2022
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Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
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GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186

About

Belgium-British Virgin Islands In 2022, Belgium exported $594k to British Virgin Islands. The main products that Belgium exported to British Virgin Islands are Acrylic Polymers ($307k), Other Frozen Vegetables ($86.4k), and Machinery Having Individual Functions ($78.7k). During the last 23 years the exports of Belgium to British Virgin Islands have decreased at an annualized rate of 1.26%, from $795k in 1999 to $594k in 2022.

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

British Virgin Islands-Belgium In 2022, British Virgin Islands exported $158k to Belgium. The main products that British Virgin Islands exported to Belgium were Machinery Having Individual Functions ($74.4k), Other Heating Machinery ($67.7k), and Iron Stovetops ($10.1k). During the last 23 years the exports of British Virgin Islands to Belgium have decreased at an annualized rate of 14.8%, from $6.28M in 1999 to $158k in 2022.

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

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). That same year, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Belgium exported €N/A and imported €N/A from British Virgin Islands, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Belgium have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Belgium to British Virgin Islands were Machinery, mechanical appliances, & parts (€8.09k) and Rubber & articles thereof (€178). In N/A the top imports of Belgium from British Virgin Islands were .

Growth In N/A, the N/A in Belgium's year-by-year exports to British Virgin Islands was explained primarily by an decrease in product exports in . In N/A, the N/A in Belgium's year-by-year imports  from British Virgin Islands was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check British Virgin Islands and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $594k to British Virgin Islands. The main products exported from Belgium to British Virgin Islands were Acrylic Polymers ($307k), Other Frozen Vegetables ($86.4k), and Machinery Having Individual Functions ($78.7k). During the last 23 years the exports of Belgium to British Virgin Islands have decreased at an annualized rate of 1.26%, from $795k in 1999 to $594k in 2022.

In 2022, British Virgin Islands exported $158k to Belgium. The main products exported from British Virgin Islands to Belgium were Machinery Having Individual Functions ($74.4k), Other Heating Machinery ($67.7k), and Iron Stovetops ($10.1k). During the last 23 years the exports of British Virgin Islands to Belgium have decreased at an annualized rate of 14.8%, from $6.28M in 1999 to $158k in 2022.

Exports from Belgium (Flag) to British Virgin Islands (Flag) (2022)

Exports from British Virgin Islands (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
British Virgin Islands
Top DestinationMalta$85.8M

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

In 2021, countries that imported more from Belgium than British Virgin Islands were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2021, countries that imported more from British Virgin Islands than Belgium were Montserrat ($24.9k).

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

Comparative Advantage Belgium - British Virgin Islands

Flow
Scale

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

During 2022, Belgium had a large net trade with British Virgin Islands in the exports of Plastics and Rubbers ($312k), Machines ($115k), and Foodstuffs ($103k).

During 2022, British Virgin Islands had a large net trade with Belgium in the exports of Machines ($142k), Metals ($10.1k), and Animal Hides ($3.21k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over British Virgin Islands. Similarly, the more yellow a dot/product is, the more British Virgin Islands has comparative advantage over Belgium.

Product Space of Belgium (Flag) and British Virgin Islands (Flag) (2022)

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