2022
Flag  
GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH
64%CURRENT US$
Rnk 37 / 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 
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
Rnk 13 / 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

Bulgaria-Barbados In 2022, Bulgaria exported $637k to Barbados. The main products that Bulgaria exported to Barbados are Medical Instruments ($313k), X-Ray Equipment ($111k), and Animal Food ($39.7k). During the last 26 years the exports of Bulgaria to Barbados have increased at an annualized rate of 28%, from $1.04k in 1996 to $637k in 2022.

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

Barbados-Bulgaria 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). During the last 26 years the exports of Barbados to Bulgaria have increased at an annualized rate of 2.88%, from $121k in 1996 to $254k in 2022.

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

Comparison In 2022,  Bulgaria ranked 37 in the Economic Complexity Index (ECI 0.66),  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 26 years the exports of Bulgaria to Barbados have increased at an annualized rate of 28%, from $1.04k in 1996 to $637k in 2022.

In 2022, 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 25 years the exports of Barbados to Bulgaria have increased at an annualized rate of 2.88%, from $121k in 1997 to $254k in 2022.

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 Destination
Germany$6.91B
Barbados
Top Destination
United 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 2021, countries that imported more from Bulgaria than Barbados were Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

In 2021, countries that imported more from Barbados than Bulgaria were 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 2022, 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 show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Bulgaria has comparative advantage over Barbados. Similarly, the more yellow a dot/product is, the more Barbados has comparative advantage over Bulgaria.

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

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