2022
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 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH
15.5%CURRENT US$
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2022
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GDP PC
$48,432CURRENT US$
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2012-2022
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GDP PC GROWTH
10.4%CURRENT US$
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About

British Virgin Islands-Germany In 2022, British Virgin Islands exported $2.02M to Germany. The main products that British Virgin Islands exported to Germany are Recreational Boats ($1.82M), Leather Footwear ($77.8k), and Hard Liquor ($39.8k). During the last 27 years the exports of British Virgin Islands to Germany have increased at an annualized rate of 10.1%, from $152k in 1995 to $2.02M in 2022.

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

Germany-British Virgin Islands In 2022, Germany exported $3.07M to British Virgin Islands. The main products that Germany exported to British Virgin Islands were Milk ($415k), Electric Motors ($397k), and Paintings ($370k). During the last 27 years the exports of Germany to British Virgin Islands have decreased at an annualized rate of 5.17%, from $12.9M in 1995 to $3.07M in 2022.

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

Comparison In 2022,  British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $2.02M to Germany. The main products exported from British Virgin Islands to Germany were Recreational Boats ($1.82M), Leather Footwear ($77.8k), and Hard Liquor ($39.8k). During the last 27 years the exports of British Virgin Islands to Germany have increased at an annualized rate of 10.1%, from $152k in 1995 to $2.02M in 2022.

In 2022, Germany exported $3.07M to British Virgin Islands. The main products exported from Germany to British Virgin Islands were Milk ($415k), Electric Motors ($397k), and Paintings ($370k). During the last 27 years the exports of Germany to British Virgin Islands have decreased at an annualized rate of 5.17%, from $12.9M in 1995 to $3.07M in 2022.

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

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

Latest Data

Trade between British Virgin Islands (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Germany
Top Destination
United States$153B

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

In 2019, no countries were registered that imported more from British Virgin Islands than from Germany.

In 2021, countries that imported more from Germany than British Virgin Islands were United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage British Virgin Islands - Germany

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Germany in the exports of Transportation ($1.82M), Footwear and Headwear ($131k), and Foodstuffs ($39.8k).

During 2022, Germany had a large net trade with British Virgin Islands in the exports of Machines ($790k), Animal Products ($742k), and Transportation ($371k).

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

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

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