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2022
Flag → Flag
Exports $147kRnk 68 / 139
2022
Flag → Flag
Top Product $105kOrthopedic Appliances
2022
Flag → Flag
Exports $3.51MRnk 108 / 185
2022
Flag → Flag
Top Product $1.78MPlywood
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 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$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Barbados-Chile Trade: In 2022, Barbados exported $147k to Chile. The main products that Barbados exported to Chile were Orthopedic Appliances ($105k), Recovered Paper ($13.5k), and Medical Instruments ($13k). Over the past 5 years the exports of Barbados to Chile have decreased at an annualized rate of 25.3%, from $631k in 2017 to $147k in 2022.

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

Chile-Barbados Trade: 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). Over the past 5 years the exports of Chile to Barbados have decreased at an annualized rate of 4.02%,  from $4.3M in 2017 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 74 in the Economic Complexity Index (ECI -0.18), 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 5 years the exports of Barbados to Chile have decreased at an annualized rate of 25.3%, from $631k in 2017 to $147k in 2022.

In 2017, 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 5 years the exports of Chile to Barbados have decreased at an annualized rate of 4.02%, from $4.3M in 2022 to $3.51M in 2017.

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 DestinationUnited States$88.6M
Chile
Top DestinationChina$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 2022, countries that imported more from Barbados than Chile included Guyana ($29.7M), Saint Lucia ($20.8M), and Saint Vincent and the Grenadines ($14.1M).

In 2022, countries that imported more from Chile than Barbados included 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 2017, 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 shows the product space at the HS4 level with the flags of Barbados and Chile. This means that a dot/product with the flag of Barbados indicates it has a comparative advantage over Chile. Similarly, a dot/product with the flag of Chile indicates it has a comparative advantage over Barbados.

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

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