2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 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
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186

About

Barbados-Chile In 2022, Barbados exported $147k to Chile. The main products that Barbados exported to Chile are Orthopedic Appliances ($105k), Recovered Paper ($13.5k), and Medical Instruments ($13k). During the last 27 years the exports of Barbados to Chile have increased at an annualized rate of 19.6%, from $1.16k in 1995 to $147k in 2022.

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

Chile-Barbados In 2022, Chile exported $3.51M to Barbados. The main products that Chile exported to Barbados were Plywood ($1.78M), Wine ($531k), and Fish: dried, salted, smoked or in brine ($265k). During the last 27 years the exports of Chile to Barbados have increased at an annualized rate of 8.7%, from $369k in 1995 to $3.51M in 2022.

In 2022, Chile 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, Chile ranked 71 in the Economic Complexity Index (ECI -0.22), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $147k to Chile. The main products exported from Barbados to Chile were Orthopedic Appliances ($105k), Recovered Paper ($13.5k), and Medical Instruments ($13k). During the last 27 years the exports of Barbados to Chile have increased at an annualized rate of 19.6%, from $1.16k in 1995 to $147k in 2022.

In 2022, Chile exported $3.51M to Barbados. The main products exported from Chile to Barbados were Plywood ($1.78M), Wine ($531k), and Fish: dried, salted, smoked or in brine ($265k). During the last 27 years the exports of Chile to Barbados have increased at an annualized rate of 8.7%, from $369k in 1995 to $3.51M in 2022.

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

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

Latest Data

Trade between Barbados (Flag) and Chile (Flag)

Barbados Exports

Chile Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Chile
Top Destination
China$38.5B

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

In 2021, countries that imported more from Barbados than Chile were Guyana ($29.7M), Saint Lucia ($20.8M), and Saint Vincent and the Grenadines ($14.1M).

In 2021, countries that imported more from Chile than Barbados were China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage Barbados - Chile

Flow
Scale

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

During 2022, Barbados had a large net trade with Chile in the exports of Instruments ($118k), Paper Goods ($13.5k), and Chemical Products ($10.4k).

During 2022, Chile had a large net trade with Barbados in the exports of Wood Products ($1.91M), Foodstuffs ($1.09M), and Animal Products ($265k).

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 Chile. Similarly, the more yellow a dot/product is, the more Chile has comparative advantage over Barbados.

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

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