Barbados (BRB) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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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 12.9%, 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 12.9%, from $16M in 2022 to $33.2M in 2017.

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

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

Latest Data

Trade between Barbados () and Brazil ()

Barbados Exports

Date

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

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 () and Barbados () (2022)

Comparative Advantage Barbados - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Barbados () and Brazil ()

Barbados Exports

Brazil Exports

Market Competitiveness

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

Comparative Advantage Barbados - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Barbados () and Brazil () (2022)

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