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Pricing

2022
Flag → Flag
Exports $369kRnk 50 / 139
2022
Flag → Flag
Top Product $126kScrap Iron
2022
Flag → Flag
Exports $33.2MRnk 142 / 223
2022
Flag → Flag
Top Product $13.2MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC $20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186

About

Barbados-Brazil Trade: In 2022, Barbados exported $369k to Brazil. The main products that Barbados exported to Brazil were Scrap Iron ($126k), Scrap Plastic ($98.9k), and Kaolin ($82.4k). Over the past 5 years the exports of Barbados to Brazil have decreased at an annualized rate of 3.93%, from $451k in 2017 to $369k in 2022.

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

Brazil-Barbados Trade: In 2022, Brazil exported $33.2M to Barbados. The main products that Brazil exported to Barbados were Refined Petroleum ($13.2M), Plywood ($3M), and Other Prepared Meat ($2.24M). Over the past 5 years the exports of Brazil to Barbados have increased at an annualized rate of 11%,  from $16M in 2017 to $33.2M in 2022.

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

Comparison In 2022,  Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index. That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $369k to Brazil. The main products exported from Barbados to Brazil were Scrap Iron ($126k), Scrap Plastic ($98.9k), and Kaolin ($82.4k). During the last 5 years the exports of Barbados to Brazil have decreased at an annualized rate of 3.93%, from $451k in 2017 to $369k in 2022.

In 2017, Brazil exported $33.2M to Barbados. The main products exported from Brazil to Barbados were Refined Petroleum ($13.2M), Plywood ($3M), and Other Prepared Meat ($2.24M). During the last 5 years the exports of Brazil to Barbados have increased at an annualized rate of 11%, from $16M in 2022 to $33.2M in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Brazil (Flag)

Barbados Exports

Brazil Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Brazil
Top DestinationChina$90.1B

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 2022, countries that imported more from Barbados than Brazil included Saint Lucia ($20.8M), Saint Vincent and the Grenadines ($14.1M), and Saint Kitts and Nevis ($6.91M).

In 2022, countries that imported more from Brazil than Barbados included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

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 2022, Barbados had a large net trade with Brazil in the exports of Plastics and Rubbers ($131k), Metals ($129k), and Mineral Products ($82.4k).

During 2017, Brazil had a large net trade with Barbados in the exports of Mineral Products ($13.2M), Wood Products ($3.62M), and Machines ($3.14M).

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) (2022)

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