About

British Virgin Islands-Venezuela In 2013, British Virgin Islands exported $142M to Venezuela. The main products that British Virgin Islands exported to Venezuela are N/A. During the last 17 years the exports of British Virgin Islands to Venezuela have increased at an annualized rate of 66%, from $25.8k in 1996 to $142M in 2013.

In 2013, British Virgin Islands did not export any services to Venezuela.

Venezuela-British Virgin Islands In 2013, Venezuela exported $22.2k to British Virgin Islands. The main products that Venezuela exported to British Virgin Islands were N/A. During the last 17 years the exports of Venezuela to British Virgin Islands have decreased at an annualized rate of 18.4%, from $702k in 1996 to $22.2k in 2013.

In 2013, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2013, British Virgin Islands exported $142M to Venezuela. There were not main exports from British Virgin Islands to Venezuela in 2013. During the last 17 years the exports of British Virgin Islands to Venezuela have increased at an annualized rate of 66%, from $25.8k in 1996 to $142M in 2013.

In 2009, Venezuela exported $22.2k to British Virgin Islands. There were not main exports from Venezuela to British Virgin Islands in 2009. During the last 14 years the exports of Venezuela to British Virgin Islands have decreased at an annualized rate of 18.4%, from $702k in 1995 to $22.2k in 2009.

Exports from British Virgin Islands (Flag) to Venezuela (Flag) (2013)

Exports from Venezuela (Flag) to British Virgin Islands (Flag) (2013)

Market Competitiveness

Color
British Virgin Islands
Top Destination
Malta$85.8M
Venezuela
Top Destination
China$703M

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

In 2021, countries that imported more from British Virgin Islands than Venezuela were Malta ($85.8M), Switzerland ($19.1M), and Zimbabwe ($5.02M).

In 2021, countries that imported more from Venezuela than British Virgin Islands were China ($703M), Turkey ($597M), and Spain ($518M).

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

Comparative Advantage British Virgin Islands - Venezuela

Flow
Scale

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

During 2013, British Virgin Islands had a large net trade with Venezuela in the exports of .

During 2009, Venezuela had a large net trade with British Virgin Islands in the exports of .

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

Product Space of British Virgin Islands (Flag) and Venezuela (Flag) (2013)

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