USA-Br. Virgin Isds Bilateral Trade Analysis 2023
Complete trade statistics: $302.91M total volume •USA surplus: $280.19M
USA → Br. Virgin Isds
$291.55M
Exports (2023)
Br. Virgin Isds → USA
$11.36M
Imports (2023)
Trade Balance
$280.19M
Surplus for USA
Total Trade
$302.91M
Combined Volume
Trade Flow Visualization
Direct trade relationship between USA and Br. Virgin Isds. Green line shows exports from USA, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the USA-Br. Virgin Isds commercial relationship and competitive positioning in global markets.
USA → Br. Virgin Isds Exports
Export Market Intelligence
🎯 Strategic Export Focus
USA's export portfolio to Br. Virgin Isds demonstrates strategic specialization, 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 representing a key competitive advantage in this bilateral market.
Br. Virgin Isds → USA Imports
Import Dependency Profile
📦 Import Strategy Analysis
USA's import pattern from Br. Virgin Isds reveals significant dependencyin stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
USA demonstrates competitive strength in exportingpetroleum 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 to Br. Virgin Isds, 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: USA-Br. Virgin Isds Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $302.91 millionrepresenting a significant bilateral economic relationship
- Trade Balance: USA maintains a surplus of $280.19 million
- Export Focus: USA's primary exports 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
- Import Dependencies: Key imports from Br. Virgin Isds 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
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 USA leveraging its comparative advantages 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.
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
USA's specialization 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 oilscomplements Br. Virgin Isds's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set.
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 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 and stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
USA's trade surplus of $280.19 million strengthens 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 USA and Br. Virgin Isds represents a total trade volume of $302.91 million in 2023. This partnership demonstrates a favorable trade balance for USA, with exports exceeding importsby $280.19 million.
Export Strengths
USA's exports to Br. Virgin Isds total $291.55 million, with competitive advantages 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, representing $91.95M or31.5% of bilateral exports.
Import Dependencies
Imports from Br. Virgin Isds amount to $11.36 million, highlighting economic interdependence in stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set, with Stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set comprising45.7% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates USA's competitive position in this bilateral relationship. 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 USA and Br. Virgin Isds in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023