2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%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 GROWTH
19.9%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 In 2022, Barbados exported $369k to Brazil. The main products that Barbados exported to Brazil are Scrap Iron ($126k), Scrap Plastic ($98.9k), and Kaolin ($82.4k). During the last 27 years the exports of Barbados to Brazil have decreased at an annualized rate of 10.5%, from $7.46M in 1995 to $369k in 2022.

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

Brazil-Barbados 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). During the last 27 years the exports of Brazil to Barbados have increased at an annualized rate of 6.5%, from $6.06M in 1995 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 0.29), 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 27 years the exports of Barbados to Brazil have decreased at an annualized rate of 10.5%, from $7.46M in 1995 to $369k in 2022.

In 2022, 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 27 years the exports of Brazil to Barbados have increased at an annualized rate of 6.5%, from $6.06M in 1995 to $33.2M in 2022.

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 Destination
United States$88.6M
Brazil
Top Destination
China$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 2021, countries that imported more from Barbados than Brazil were Saint Lucia ($20.8M), Saint Vincent and the Grenadines ($14.1M), and Saint Kitts and Nevis ($6.91M).

In 2021, countries that imported more from Brazil than Barbados were 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 2022, 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 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 Barbados has comparative advantage over Brazil. Similarly, the more yellow a dot/product is, the more Brazil has comparative advantage over Barbados.

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

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