Br. Virgin Isds-Switzerland Bilateral Trade Analysis 2023
Complete trade statistics: $45.20M total volume •Br. Virgin Isds deficit: $27.17M
Br. Virgin Isds → Switzerland
$9.02M
Exports (2023)
Switzerland → Br. Virgin Isds
$36.19M
Imports (2023)
Trade Balance
$27.17M
Deficit for Br. Virgin Isds
Total Trade
$45.20M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Br. Virgin Isds and Switzerland. Green line shows exports from Br. Virgin Isds, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Br. Virgin Isds-Switzerland commercial relationship and competitive positioning in global markets.
Br. Virgin Isds → Switzerland Exports
Export Market Intelligence
🎯 Strategic Export Focus
Br. Virgin Isds's export portfolio to Switzerland demonstrates strategic specialization, with jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof representing a key competitive advantage in this bilateral market.
Switzerland → Br. Virgin Isds Imports
Import Dependency Profile
📦 Import Strategy Analysis
Br. Virgin Isds's import pattern from Switzerland reveals significant dependencyin jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Br. Virgin Isds demonstrates competitive strength in exportingjewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof to Switzerland, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $45.20M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Br. Virgin Isds-Switzerland Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $45.20 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Br. Virgin Isds maintains a deficit of $27.17 million
- Export Focus: Br. Virgin Isds's primary exports include jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, paintings, drawings and pastels: executed entirely by hand, other than drawings of heading no. 4906, footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather
- Import Dependencies: Key imports from Switzerland include jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set, diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $45.20M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Br. Virgin Isds leveraging its comparative advantages in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Br. Virgin Isds's specialization in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereofcomplements Switzerland's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $45.20M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $45.20M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $45.20 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof and jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Br. Virgin Isds's trade deficit of $27.17 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Br. Virgin Isds and Switzerland represents a total trade volume of $45.20 million in 2023. This partnership demonstrates an unfavorable trade balance for Br. Virgin Isds, with imports exceeding exportsby $27.17 million.
Export Strengths
Br. Virgin Isds's exports to Switzerland total $9.02 million, with competitive advantages in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, representing $3.56M or39.4% of bilateral exports.
Import Dependencies
Imports from Switzerland amount to $36.19 million, highlighting economic interdependence in jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof, with Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof comprising41.3% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Br. Virgin Isds's strategic sourcing from Switzerland. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Br. Virgin Isds and Switzerland in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023