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2023
Flag → Flag
Exports $5.41MRnk 145 / 213
2023
Flag → Flag
Top Product $3.58MVideo and Card Games
2023
Flag → Flag
Exports $2.63MRnk 25 / 139
2023
Flag → Flag
Top Product $2.55MHard Liquor
2023
Flag
Economic Complexity (ECI) ECI 1.56Rnk 8 / 132
2023
Flag  
GDP$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH20%CURRENT US$
Rnk 141 / 195
2023
Flag
 GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC $56,034CURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

Austria-Barbados Trade: In 2023, Austria exported $5.41M to Barbados. The main products that Austria exported to Barbados were Video and Card Games ($3.58M), Kaolin Coated Paper ($805k), and Uncoated Paper ($134k). Over the past 5 years the exports of Austria to Barbados have increased at an annualized rate of 30.5%, from $1.43M in 2018 to $5.41M in 2023.

In 2023, Austria did not export any services to Barbados.

Barbados-Austria Trade: In 2023, Barbados exported $2.63M to Austria. The main products that Barbados exported to Austria were Hard Liquor ($2.55M), Non-Knit Women's Shirts ($73.5k), and Pyrophoric Alloys ($2.54k). Over the past 5 years the exports of Barbados to Austria have increased at an annualized rate of 35.6%,  from $574k in 2018 to $2.63M in 2023.

In 2023, Barbados did not export any services to Austria.

Comparison In 2023,  Austria ranked 8 in the Economic Complexity Index (ECI 1.56),  and 31 in total exports ($204B). That same year, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Austria exported $5.41M to Barbados. The main products exported from Austria to Barbados were Video and Card Games ($3.58M), Kaolin Coated Paper ($805k), and Uncoated Paper ($134k). During the last 5 years the exports of Austria to Barbados have increased at an annualized rate of 30.5%, from $1.43M in 2018 to $5.41M in 2023.

In 2018, Barbados exported $2.63M to Austria. The main products exported from Barbados to Austria were Hard Liquor ($2.55M), Non-Knit Women's Shirts ($73.5k), and Pyrophoric Alloys ($2.54k). During the last 5 years the exports of Barbados to Austria have increased at an annualized rate of 35.6%, from $574k in 2023 to $2.63M in 2018.

Exports from Austria (Flag) to Barbados (Flag) (2023)

Exports from Barbados (Flag) to Austria (Flag) (2023)

Latest Data

Trade between Austria (Flag) and Barbados (Flag)

Austria Exports

Barbados Exports

Market Competitiveness

Color
Austria
Top DestinationGermany$51B
Barbados
Top DestinationUnited States$91M

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

In 2023, countries that imported more from Austria than Barbados included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

In 2023, countries that imported more from Barbados than Austria included Jamaica ($71.2M), Guyana ($24.6M), and Saint Lucia ($19.5M).

Difference in imports from Barbados (Flag) and Austria (Flag) (2023)

Comparative Advantage Austria - Barbados

Flow
Scale

This chart compares trade between Austria and Barbados by product, considering products traded by both, Austria and Barbados.

During 2023, Austria had a large net trade with Barbados in the exports of Miscellaneous ($3.6M), Paper Goods ($1.07M), and Machines ($199k).

During 2018, Barbados had a large net trade with Austria in the exports of Foodstuffs ($2.55M), Textiles ($73.8k), and Chemical Products ($2.54k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Austria and Barbados. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Barbados. Similarly, a dot/product with the flag of Barbados indicates it has a comparative advantage over Austria.

Product Space of Austria (Flag) and Barbados (Flag) (2023)

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