2022
Flag  
GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC 
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186

About

Bangladesh-Barbados Trade: In 2022, Bangladesh exported $46.6k to Barbados. The main products that Bangladesh exported to Barbados were Packaged Medicaments ($39.7k), Non-Knit Women's Undergarments ($2.56k), and Knit T-shirts ($1.12k). Over the past 5 years the exports of Bangladesh to Barbados have decreased at an annualized rate of 18.6%, from $131k in 2017 to $46.6k in 2022.

In 2022, Bangladesh did not export any services to Barbados.

Barbados-Bangladesh Trade: In 2022, Barbados exported $4.47k to Bangladesh. The main products that Barbados exported to Bangladesh were N/A. Over the past 5 years the exports of Barbados to Bangladesh have decreased at an annualized rate of 37%,  from $45k in 2017 to $4.47k in 2022.

In 2022, Barbados did not export any services to Bangladesh.

Comparison In 2022,  Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82),  and 52 in total exports ($64.2B). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bangladesh exported $46.6k to Barbados. The main products exported from Bangladesh to Barbados were Packaged Medicaments ($39.7k), Non-Knit Women's Undergarments ($2.56k), and Knit T-shirts ($1.12k). During the last 5 years the exports of Bangladesh to Barbados have decreased at an annualized rate of 18.6%, from $131k in 2017 to $46.6k in 2022.

In 2014, Barbados exported $4.47k to Bangladesh. There were not main exports from Barbados to Bangladesh in 2014. During the last 5 years the exports of Barbados to Bangladesh have decreased at an annualized rate of 37%, from $45k in 2019 to $4.47k in 2014.

Exports from Bangladesh (Flag) to Barbados (Flag) (2022)

Exports from Barbados (Flag) to Bangladesh (Flag) (2022)

Latest Data

Trade between Bangladesh (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$11.7B
Barbados
Top Destination
United States$88.6M

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

In 2022, countries that imported more from Bangladesh than Barbados included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

In 2022, countries that imported more from Barbados than Bangladesh included Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

Difference in imports from Barbados (Flag) and Bangladesh (Flag) (2022)

Comparative Advantage Bangladesh - Barbados

Flow
Scale

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

During 2022, Bangladesh had a large net trade with Barbados in the exports of Chemical Products ($39.7k), Textiles ($6.7k), and Plastics and Rubbers ($165).

During 2014, Barbados had a large net trade with Bangladesh in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Bangladesh (Flag) and Barbados (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with