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2022
Flag → Flag
Exports $637kRnk 153 / 206
2022
Flag → Flag
Top Product $313kMedical Instruments
2022
Flag → Flag
Exports $254kRnk 59 / 139
2022
Flag → Flag
Top Product $203kScrap Copper
2022
Flag
Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag  
GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
Flag
 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC $13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Bulgaria-Barbados Trade: In 2022, Bulgaria exported $637k to Barbados. The main products that Bulgaria exported to Barbados were Medical Instruments ($313k), X-Ray Equipment ($111k), and Animal Food ($39.7k). Over the past 5 years the exports of Bulgaria to Barbados have increased at an annualized rate of 42.5%, from $108k in 2017 to $637k in 2022.

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

Barbados-Bulgaria Trade: In 2022, Barbados exported $254k to Bulgaria. The main products that Barbados exported to Bulgaria were Scrap Copper ($203k), Railway Cargo Containers ($50.2k), and Processed Tobacco ($1.38k). Over the past 5 years the exports of Barbados to Bulgaria have increased at an annualized rate of 63.4%,  from $21.8k in 2017 to $254k in 2022.

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

Comparison In 2022,  Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68),  and 60 in total exports ($51.9B). 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, Bulgaria exported $637k to Barbados. The main products exported from Bulgaria to Barbados were Medical Instruments ($313k), X-Ray Equipment ($111k), and Animal Food ($39.7k). During the last 5 years the exports of Bulgaria to Barbados have increased at an annualized rate of 42.5%, from $108k in 2017 to $637k in 2022.

In 2017, Barbados exported $254k to Bulgaria. The main products exported from Barbados to Bulgaria were Scrap Copper ($203k), Railway Cargo Containers ($50.2k), and Processed Tobacco ($1.38k). During the last 5 years the exports of Barbados to Bulgaria have increased at an annualized rate of 63.4%, from $21.8k in 2022 to $254k in 2017.

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

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

Latest Data

Trade between Bulgaria (Flag) and Barbados (Flag)

Bulgaria Exports

Barbados Exports

Market Competitiveness

Color
Bulgaria
Top DestinationGermany$6.91B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Bulgaria than Barbados included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

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

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

Comparative Advantage Bulgaria - Barbados

Flow
Scale

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

During 2022, Bulgaria had a large net trade with Barbados in the exports of Instruments ($425k), Foodstuffs ($60.2k), and Stone And Glass ($41.6k).

During 2017, Barbados had a large net trade with Bulgaria in the exports of Metals ($203k), Transportation ($50.2k), and Foodstuffs ($1.38k).

Economic Complexity

Competitive Landscape

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

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

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