2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 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
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

Barbados-Guinea Trade: In 2020, Barbados exported $1.54k to Guinea. The main products that Barbados exported to Guinea were N/A. Over the past 8 years the exports of Barbados to Guinea have decreased at an annualized rate of 32%, from $33.5k in 2012 to $1.54k in 2020.

In 2020, Barbados did not export any services to Guinea.

Guinea-Barbados Trade: In 2020, Guinea exported $237 to Barbados. The main products that Guinea exported to Barbados were N/A. Over the past 8 years the exports of Guinea to Barbados have decreased at an annualized rate of 40.2%,  from $3.1k in 2012 to $237 in 2020.

In 2020, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Barbados exported $1.54k to Guinea. There were not main exports from Barbados to Guinea in 2020. During the last 8 years the exports of Barbados to Guinea have decreased at an annualized rate of 32%, from $33.5k in 2012 to $1.54k in 2020.

In 2014, Guinea exported $237 to Barbados. There were not main exports from Guinea to Barbados in 2014. During the last 5 years the exports of Guinea to Barbados have decreased at an annualized rate of 40.2%, from $3.1k in 2019 to $237 in 2014.

Exports from Barbados (Flag) to Guinea (Flag) (2020)

Exports from Guinea (Flag) to Barbados (Flag) (2020)

Latest Data

Trade between Barbados (Flag) and Guinea (Flag)

Barbados Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Guinea
Top Destination
China$3.81B

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

In 2022, countries that imported more from Barbados than Guinea included United States ($88.6M), Jamaica ($43.3M), and Trinidad and Tobago ($33.8M).

In 2022, countries that imported more from Guinea than Barbados included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

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

Comparative Advantage Barbados - Guinea

Flow
Scale

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

During 2020, Barbados had a large net trade with Guinea in the exports of .

During 2014, Guinea had a large net trade with Barbados in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Guinea (Flag) (2020)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with