2022
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 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
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GDP PC
$3,499CURRENT US$
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2012-2022
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GDP PC GROWTH
30.9%CURRENT US$
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About

British Virgin Islands-Philippines In 2022, British Virgin Islands exported $48.7k to Philippines. The main products that British Virgin Islands exported to Philippines are Dyeing Finishing Agents ($18.8k), Clays ($16.1k), and Chocolate ($6.23k). During the last 26 years the exports of British Virgin Islands to Philippines have increased at an annualized rate of 2.84%, from $23.5k in 1996 to $48.7k in 2022.

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

Philippines-British Virgin Islands In 2022, Philippines exported $142 to British Virgin Islands. The main products that Philippines exported to British Virgin Islands were Knitted Hats ($92) and Non-Knit Women's Suits ($50). During the last 26 years the exports of Philippines to British Virgin Islands have decreased at an annualized rate of 27.7%, from $662k in 1996 to $142 in 2022.

In 2022, Philippines 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, Philippines ranked 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $48.7k to Philippines. The main products exported from British Virgin Islands to Philippines were Dyeing Finishing Agents ($18.8k), Clays ($16.1k), and Chocolate ($6.23k). During the last 26 years the exports of British Virgin Islands to Philippines have increased at an annualized rate of 2.84%, from $23.5k in 1996 to $48.7k in 2022.

In 2022, Philippines exported $142 to British Virgin Islands. The main products exported from Philippines to British Virgin Islands were Knitted Hats ($92) and Non-Knit Women's Suits ($50). During the last 26 years the exports of Philippines to British Virgin Islands have decreased at an annualized rate of 27.7%, from $662k in 1996 to $142 in 2022.

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

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

Latest Data

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

Philippines Exports

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Philippines
Top Destination
United States$15.5B

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

In 2021, countries that imported more from British Virgin Islands than Philippines were Malta ($85.8M), Zimbabwe ($5.02M), and Barbados ($253k).

In 2021, countries that imported more from Philippines than British Virgin Islands were United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage British Virgin Islands - Philippines

Flow
Scale

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

During 2022, British Virgin Islands had a large net trade with Philippines in the exports of Chemical Products ($18.8k), Mineral Products ($16.1k), and Foodstuffs ($12.3k).

During 2022, Philippines had a large net trade with British Virgin Islands in the exports of Footwear and Headwear ($92) and Textiles ($50).

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

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

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