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2022
Flag → Flag
Exports $170kRnk 66 / 139
2022
Flag → Flag
Top Product $170kMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $899kRnk 122 / 194
2022
Flag → Flag
Top Product $335kPackaged Medicaments
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 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$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Barbados-Cyprus Trade: In 2022, Barbados exported $170k to Cyprus. The main products that Barbados exported to Cyprus were Motor vehicles; parts and accessories (8701 to 8705) ($170k), Hard Liquor ($116), and Water ($5). Over the past 5 years the exports of Barbados to Cyprus have decreased at an annualized rate of 50.3%, from $5.62M in 2017 to $170k in 2022.

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

Cyprus-Barbados Trade: In 2022, Cyprus exported $899k to Barbados. The main products that Cyprus exported to Barbados were Packaged Medicaments ($335k), Fruit Juice ($307k), and Machinery Having Individual Functions ($143k). Over the past 5 years the exports of Cyprus to Barbados have increased at an annualized rate of 13.7%,  from $474k in 2017 to $899k in 2022.

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

Comparison In 2022,  Barbados ranked 176 in total exports ($393M). That same year, Cyprus ranked 125 in total exports ($4.91B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $170k to Cyprus. The main products exported from Barbados to Cyprus were Motor vehicles; parts and accessories (8701 to 8705) ($170k), Hard Liquor ($116), and Water ($5). During the last 5 years the exports of Barbados to Cyprus have decreased at an annualized rate of 50.3%, from $5.62M in 2017 to $170k in 2022.

In 2017, Cyprus exported $899k to Barbados. The main products exported from Cyprus to Barbados were Packaged Medicaments ($335k), Fruit Juice ($307k), and Machinery Having Individual Functions ($143k). During the last 5 years the exports of Cyprus to Barbados have increased at an annualized rate of 13.7%, from $474k in 2022 to $899k in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Cyprus (Flag)

Barbados Exports

Cyprus Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from Barbados than Cyprus included Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

In 2022, countries that imported more from Cyprus than Barbados included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

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

Comparative Advantage Barbados - Cyprus

Flow
Scale

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

During 2022, Barbados had a large net trade with Cyprus in the exports of Transportation ($170k), Foodstuffs ($121), and Instruments ($5).

During 2017, Cyprus had a large net trade with Barbados in the exports of Foodstuffs ($377k), Chemical Products ($335k), and Machines ($143k).

Economic Complexity

Competitive Landscape

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

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

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