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Pricing

2022
Flag → Flag
Exports $8.23MRnk 12 / 139
2022
Flag → Flag
Top Product $3.03MHard Liquor
2022
Flag → Flag
Exports $94.8MRnk 106 / 224
2022
Flag → Flag
Top Product $11.2MCars
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 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$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Barbados-United Kingdom Trade: In 2022, Barbados exported $8.23M to United Kingdom. The main products that Barbados exported to United Kingdom were Hard Liquor ($3.03M), Copper Wire ($1.15M), and Engine Parts ($550k). Over the past 5 years the exports of Barbados to United Kingdom have decreased at an annualized rate of 14.7%, from $18.2M in 2017 to $8.23M in 2022.

In 2022, Barbados did not export any services to United Kingdom.

United Kingdom-Barbados Trade: In 2022, United Kingdom exported $94.8M to Barbados. The main products that United Kingdom exported to Barbados were Cars ($11.2M), Other Edible Preparations ($3.42M), and Cheese ($3.29M). Over the past 5 years the exports of United Kingdom to Barbados have increased at an annualized rate of 8.17%,  from $64M in 2017 to $94.8M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $8.23M to United Kingdom. The main products exported from Barbados to United Kingdom were Hard Liquor ($3.03M), Copper Wire ($1.15M), and Engine Parts ($550k). During the last 5 years the exports of Barbados to United Kingdom have decreased at an annualized rate of 14.7%, from $18.2M in 2017 to $8.23M in 2022.

In 2017, United Kingdom exported $94.8M to Barbados. The main products exported from United Kingdom to Barbados were Cars ($11.2M), Other Edible Preparations ($3.42M), and Cheese ($3.29M). During the last 5 years the exports of United Kingdom to Barbados have increased at an annualized rate of 8.17%, from $64M in 2022 to $94.8M in 2017.

Exports from Barbados (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Barbados (Flag) (2022)

Latest Data

Trade between Barbados (Flag) and United Kingdom (Flag)

Barbados Exports

United Kingdom Exports

Market Competitiveness

Color
Barbados
Top DestinationN/AN/A
United Kingdom
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from United Kingdom (Flag) and Barbados (Flag) (2022)

Comparative Advantage Barbados - United Kingdom

Flow
Scale

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

During 2022, Barbados had a large net trade with United Kingdom in the exports of Foodstuffs ($4.6M), Metals ($1.3M), and Machines ($859k).

During 2017, United Kingdom had a large net trade with Barbados in the exports of Machines ($17.7M), Transportation ($15.3M), and Foodstuffs ($14.1M).

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and United Kingdom (Flag) (2022)

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