2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Sweden-British Virgin Islands In 2022, Sweden exported $2.03M to British Virgin Islands. The main products that Sweden exported to British Virgin Islands are Recreational Boats ($1.69M), Paintings ($127k), and Other Heating Machinery ($81k). During the last 27 years the exports of Sweden to British Virgin Islands have increased at an annualized rate of 5.53%, from $476k in 1995 to $2.03M in 2022.

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

British Virgin Islands-Sweden In 2022, British Virgin Islands exported $115k to Sweden. The main products that British Virgin Islands exported to Sweden were Other Slag and Ash ($68.5k), Leather Footwear ($27.1k), and Rubber Footwear ($10.5k). During the last 27 years the exports of British Virgin Islands to Sweden have increased at an annualized rate of 11.9%, from $5.48k in 1995 to $115k in 2022.

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

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49),  and 33 in total exports ($194B). That same year, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $2.03M to British Virgin Islands. The main products exported from Sweden to British Virgin Islands were Recreational Boats ($1.69M), Paintings ($127k), and Other Heating Machinery ($81k). During the last 27 years the exports of Sweden to British Virgin Islands have increased at an annualized rate of 5.53%, from $476k in 1995 to $2.03M in 2022.

In 2022, British Virgin Islands exported $115k to Sweden. The main products exported from British Virgin Islands to Sweden were Other Slag and Ash ($68.5k), Leather Footwear ($27.1k), and Rubber Footwear ($10.5k). During the last 27 years the exports of British Virgin Islands to Sweden have increased at an annualized rate of 11.9%, from $5.48k in 1995 to $115k in 2022.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
British Virgin Islands
Top Destination
Malta$85.8M

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

In 2021, countries that imported more from Sweden than British Virgin Islands were Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

In 2021, countries that imported more from British Virgin Islands than Sweden were Malta ($85.8M) and Montserrat ($24.9k).

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

Comparative Advantage Sweden - British Virgin Islands

Flow
Scale

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

During 2022, Sweden had a large net trade with British Virgin Islands in the exports of Transportation ($1.69M), Arts and Antiques ($127k), and Machines ($125k).

During 2022, British Virgin Islands had a large net trade with Sweden in the exports of Mineral Products ($68.5k), Footwear and Headwear ($44.2k), and Metals ($2.1k).

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 Sweden has comparative advantage over British Virgin Islands. Similarly, the more yellow a dot/product is, the more British Virgin Islands has comparative advantage over Sweden.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with