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2023
Flag → Flag
Exports $7.2MRnk 12 / 139
2023
Flag → Flag
Top Product $1.44MRefined Petroleum
2023
Flag → Flag
Exports $2.49MRnk 7 / 117
2023
Flag → Flag
Top Product $1.06MOther Paints
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP$654MCURRENT US$
Rnk 189 / 195
2013-2023
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 112 / 195
2023
Flag
GDP PC $23,804CURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC$9,833CURRENT US$
Rnk 90 / 196
2013-2023
Flag
GDP PC GROWTH37.6%CURRENT US$
Rnk 64 / 195

About

Barbados-Dominica Trade: In 2023, Barbados exported $7.2M to Dominica. The main products that Barbados exported to Dominica were Refined Petroleum ($1.44M), Packaged Medicaments ($841k), and Margarine ($645k). Over the past 5 years the exports of Barbados to Dominica have decreased at an annualized rate of 6.4%, from $10M in 2018 to $7.2M in 2023.

In 2023, Barbados did not export any services to Dominica.

Dominica-Barbados Trade: In 2023, Dominica exported $2.49M to Barbados. The main products that Dominica exported to Barbados were Other Paints ($1.06M), Petroleum Gas ($525k), and Video Displays ($379k). Over the past 5 years the exports of Dominica to Barbados have increased at an annualized rate of 7.08%,  from $957k in 2018 to $2.49M in 2023.

In 2023, Dominica did not export any services to Barbados.

Comparison In 2023,  Barbados ranked 171 in total exports ($421M). That same year, Dominica ranked 205 in total exports ($47.6M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $7.2M to Dominica. The main products exported from Barbados to Dominica were Refined Petroleum ($1.44M), Packaged Medicaments ($841k), and Margarine ($645k). During the last 5 years the exports of Barbados to Dominica have decreased at an annualized rate of 6.4%, from $10M in 2018 to $7.2M in 2023.

In 2018, Dominica exported $2.49M to Barbados. The main products exported from Dominica to Barbados were Other Paints ($1.06M), Petroleum Gas ($525k), and Video Displays ($379k). During the last 5 years the exports of Dominica to Barbados have increased at an annualized rate of 7.08%, from $957k in 2023 to $2.49M in 2018.

Exports from Barbados (Flag) to Dominica (Flag) (2023)

Exports from Dominica (Flag) to Barbados (Flag) (2023)

Latest Data

Trade between Barbados (Flag) and Dominica (Flag)

Barbados Exports

Dominica Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
Dominica
Top DestinationBahamas$6.11M

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

In 2023, countries that imported more from Barbados than Dominica included United States ($91M), Jamaica ($71.2M), and Trinidad and Tobago ($33.7M).

In 2023, countries that imported more from Dominica than Barbados included Saudi Arabia ($5.35M), Iceland ($4.72M), and Bahamas ($6.11M).

Difference in imports from Dominica (Flag) and Barbados (Flag) (2023)

Comparative Advantage Barbados - Dominica

Flow
Scale

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

During 2023, Barbados had a large net trade with Dominica in the exports of Mineral Products ($1.69M), Chemical Products ($1.37M), and Foodstuffs ($766k).

During 2018, Dominica had a large net trade with Barbados in the exports of Chemical Products ($1.27M), Mineral Products ($526k), and Machines ($395k).

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Dominica (Flag) (2023)

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