NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $626kRnk 46 / 139
2023
Flag → Flag
Top Product $445kScrap Plastic
2023
Flag → Flag
Exports $26.1MRnk 145 / 221
2023
Flag → Flag
Top Product $9.72MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC $23,804CURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC$10,295CURRENT US$
Rnk 89 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195

About

Barbados-Brazil Trade: In 2023, Barbados exported $626k to Brazil. The main products that Barbados exported to Brazil were Scrap Plastic ($445k), Kaolin ($94k), and Other Plastic Products ($69.8k). Over the past 5 years the exports of Barbados to Brazil have increased at an annualized rate of 26.2%, from $196k in 2018 to $626k in 2023.

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

Brazil-Barbados Trade: In 2023, Brazil exported $26.1M to Barbados. The main products that Brazil exported to Barbados were Refined Petroleum ($9.72M), Plywood ($1.93M), and Unglazed Ceramics ($1.32M). Over the past 5 years the exports of Brazil to Barbados have increased at an annualized rate of 5.5%,  from $18.9M in 2018 to $26.1M in 2023.

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

Comparison In 2023,  Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index. That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $626k to Brazil. The main products exported from Barbados to Brazil were Scrap Plastic ($445k), Kaolin ($94k), and Other Plastic Products ($69.8k). During the last 5 years the exports of Barbados to Brazil have increased at an annualized rate of 26.2%, from $196k in 2018 to $626k in 2023.

In 2018, Brazil exported $26.1M to Barbados. The main products exported from Brazil to Barbados were Refined Petroleum ($9.72M), Plywood ($1.93M), and Unglazed Ceramics ($1.32M). During the last 5 years the exports of Brazil to Barbados have increased at an annualized rate of 5.5%, from $18.9M in 2023 to $26.1M in 2018.

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

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

Latest Data

Trade between Barbados (Flag) and Brazil (Flag)

Barbados Exports

Brazil Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
Brazil
Top DestinationChina$106B

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

In 2023, countries that imported more from Barbados than Brazil included Saint Vincent and the Grenadines ($10.9M), Dominica ($7.2M), and Grenada ($13.4M).

In 2023, countries that imported more from Brazil than Barbados included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Comparative Advantage Barbados - Brazil

Flow
Scale

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

During 2023, Barbados had a large net trade with Brazil in the exports of Plastics and Rubbers ($515k), Mineral Products ($94k), and Foodstuffs ($7.23k).

During 2018, Brazil had a large net trade with Barbados in the exports of Mineral Products ($9.72M), Wood Products ($2.71M), and Machines ($2.36M).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

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