British Virgin Islands (VGB) and Canada (CAN) Trade | The Observatory of Economic Complexity

About

British Virgin Islands-Canada In 2022, British Virgin Islands exported $183k to Canada. The main products that British Virgin Islands exported to Canada are Raw Plastic Sheeting ($55.3k), Carboxylic Acids ($43k), and Seats ($36.4k). During the last 27 years the exports of British Virgin Islands to Canada have increased at an annualized rate of 3.87%, from $65.5k in 1995 to $183k in 2022.

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

Canada-British Virgin Islands In 2022, Canada exported $51.5M to British Virgin Islands. The main products that Canada exported to British Virgin Islands were Planes, Helicopters, and/or Spacecraft ($49.5M), Fish: dried, salted, smoked or in brine ($471k), and Wheat Flours ($225k). During the last 27 years the exports of Canada to British Virgin Islands have increased at an annualized rate of 15.5%, from $1.06M in 1995 to $51.5M in 2022.

In 2020, Canada exported services to British Virgin Islands worth $83.5M, with Financial services ($77.5M), Insurance services ($3.73M), and Royalties and license fees ($1.49M) being the largest in terms of value.

Comparison In 2022, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, British Virgin Islands exported $183k to Canada. The main products exported from British Virgin Islands to Canada were Raw Plastic Sheeting ($55.3k), Carboxylic Acids ($43k), and Seats ($36.4k). During the last 27 years the exports of British Virgin Islands to Canada have increased at an annualized rate of 3.87%, from $65.5k in 1995 to $183k in 2022.

In 2022, Canada exported $51.5M to British Virgin Islands. The main products exported from Canada to British Virgin Islands were Planes, Helicopters, and/or Spacecraft ($49.5M), Fish: dried, salted, smoked or in brine ($471k), and Wheat Flours ($225k). During the last 27 years the exports of Canada to British Virgin Islands have increased at an annualized rate of 15.5%, from $1.06M in 1995 to $51.5M in 2022.

Exports from British Virgin Islands () to Canada () (2022)

Exports from Canada () to British Virgin Islands () (2022)

Latest Data

Trade between British Virgin Islands () and Canada ()

Canada Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Virgin Islands
Top DestinationN/AN/A

Canada
Top DestinationN/AN/A

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

N/A

Difference in imports from Canada () and British Virgin Islands () (2022)

Comparative Advantage British Virgin Islands - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, British Virgin Islands had a large net trade with Canada in the exports of Plastics and Rubbers ($63.1k), Chemical Products ($43k), and Miscellaneous ($36.5k).

During 2022, Canada had a large net trade with British Virgin Islands in the exports of Transportation ($49.6M), Animal Products ($543k), and Machines ($420k).

Service Trade

Bilateral Service Trade

Can Year

In 2020, Canada exported services to British Virgin Islands worth $83.5M, with Financial services ($77.5M), Insurance services ($3.73M), and Royalties and license fees ($1.49M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada () to British Virgin Islands () (2020)

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from British Virgin Islands () to Canada () (2022)

Exports from Canada () to British Virgin Islands () (2022)

Latest Data

Trade between British Virgin Islands () and Canada ()

Canada Exports

Market Competitiveness

Difference in imports from Canada () and British Virgin Islands () (2022)

Comparative Advantage British Virgin Islands - Canada

Service Trade

Bilateral Service Trade

Services Exports from Canada () to British Virgin Islands () (2020)

Economic Complexity

Competitive Landscape

Product Space of British Virgin Islands () and Canada () (2022)

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