Br. Virgin Isds-USA Bilateral Trade Analysis 2023
Complete trade statistics: $302.91M total volume •Br. Virgin Isds deficit: $280.19M
Br. Virgin Isds → USA
$11.36M
Exports (2023)
USA → Br. Virgin Isds
$291.55M
Imports (2023)
Trade Balance
$280.19M
Deficit for Br. Virgin Isds
Total Trade
$302.91M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Br. Virgin Isds and USA. 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-USA commercial relationship and competitive positioning in global markets.
Br. Virgin Isds → USA Exports
Export Market Intelligence
🎯 Strategic Export Focus
Br. Virgin Isds's export portfolio to USA demonstrates strategic specialization, with stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set representing a key competitive advantage in this bilateral market.
USA → Br. Virgin Isds Imports
Import Dependency Profile
📦 Import Strategy Analysis
Br. Virgin Isds's import pattern from USA reveals significant dependencyin petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Br. Virgin Isds demonstrates competitive strength in exportingstones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set to USA, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $302.91M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Br. Virgin Isds-USA Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $302.91 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Br. Virgin Isds maintains a deficit of $280.19 million
- Export Focus: Br. Virgin Isds's primary exports include 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, sailboats: with or without auxiliary motor, for pleasure or sports, other than inflatable
- Import Dependencies: Key imports from USA include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc, jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof
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 $302.91M 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 stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set.
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 stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or setcomplements USA's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $302.91M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $302.91M 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 $302.91 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set and petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Br. Virgin Isds's trade deficit of $280.19 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 USA represents a total trade volume of $302.91 million in 2023. This partnership demonstrates an unfavorable trade balance for Br. Virgin Isds, with imports exceeding exportsby $280.19 million.
Export Strengths
Br. Virgin Isds's exports to USA total $11.36 million, with competitive advantages in stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set, representing $5.19M or45.7% of bilateral exports.
Import Dependencies
Imports from USA amount to $291.55 million, highlighting economic interdependence in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, with Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils comprising31.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Br. Virgin Isds's strategic sourcing from USA. 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 USA in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023