Barbados (BRB) and Bhutan (BTN) Trade | The Observatory of Economic Complexity

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Barbados (BRB) and Bhutan (BTN) Trade

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Exports $210Rnk 46 / 0

2022

GDP$5.64BCURRENT US$
Rnk 152 / 186

2012-2022

GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186

2022

GDP PC $20,019CURRENT US$
Rnk 52 / 186

2012-2022

GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

Image 1

Image by ~Ealasaid~
Link: https://flic.kr/p/4g3uw7

Image 2

Image by Richard Mortel
Link: https://flic.kr/p/NgCjSs

Historical Data
Economic Complexity

About

In N/A, Barbados did not export any services to Bhutan.

Bhutan-Barbados Trade: In N/A, Bhutan exported $210 to Barbados. The main products that Bhutan exported to Barbados were N/A. Over the past N/A years the exports of Bhutan to Barbados have decreased at an annualized rate of 17.2%, from $539 in N/A to $210 in N/A.

In N/A, Bhutan did not export any services to Barbados.

Comparison In 2022, Barbados ranked 176 in total exports ($393M). That same year, Bhutan ranked 177 in total exports ($392M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Barbados does not register exports to Bhutan.

In 2016, Bhutan exported $210 to Barbados. There were not main exports from Bhutan to Barbados in 2016. During the last 5 years the exports of Bhutan to Barbados have decreased at an annualized rate of 17.2%, from $539 in 2021 to $210 in 2016.

Exports from Barbados () to Bhutan () (2021)

Exports from Bhutan () to Barbados () (2021)

Latest Data

Trade between Barbados () and Bhutan ()

Barbados Exports

Date

Jan 2013

Nov 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Barbados
Top DestinationUnited States$88.6M

Bhutan
Top DestinationIndia$343M

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

In 2022, countries that imported more from Barbados than Bhutan included United States ($88.6M), Jamaica ($43.3M), and Trinidad and Tobago ($33.8M).

In 2022, countries that imported more from Bhutan than Barbados included India ($343M), Italy ($18.5M), and Nepal ($7.44M).

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

Comparative Advantage Barbados - Bhutan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2016, Bhutan had a large net trade with Barbados in the exports of .

Economic Complexity

Competitive Landscape

Year

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

Product Space of Barbados () and Bhutan () (2021)

Keep Exploring

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