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2022
Flag → Flag
Exports $29.7MRnk 4 / 139
2022
Flag → Flag
Top Product $10.5MCement
2022
Flag → Flag
Exports $21MRnk 22 / 139
2022
Flag → Flag
Top Product $6.86MJewellery
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH278%CURRENT US$
Rnk 1 / 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$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH248%CURRENT US$
Rnk 1 / 186

About

Barbados-Guyana Trade: In 2022, Barbados exported $29.7M to Guyana. The main products that Barbados exported to Guyana were Cement ($10.5M), Wheat Flours ($3.96M), and Petroleum Coke ($2.41M). Over the past 5 years the exports of Barbados to Guyana have increased at an annualized rate of 3.92%, from $24.5M in 2017 to $29.7M in 2022.

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

Guyana-Barbados Trade: In 2022, Guyana exported $21M to Barbados. The main products that Guyana exported to Barbados were Jewellery ($6.86M), Rice ($3.73M), and Sand ($3.04M). Over the past 5 years the exports of Guyana to Barbados have increased at an annualized rate of 3.59%,  from $17.6M in 2017 to $21M in 2022.

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

Comparison In 2022,  Barbados ranked 176 in total exports ($393M). That same year, Guyana ranked 80 in total exports ($18.5B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $29.7M to Guyana. The main products exported from Barbados to Guyana were Cement ($10.5M), Wheat Flours ($3.96M), and Petroleum Coke ($2.41M). During the last 5 years the exports of Barbados to Guyana have increased at an annualized rate of 3.92%, from $24.5M in 2017 to $29.7M in 2022.

In 2017, Guyana exported $21M to Barbados. The main products exported from Guyana to Barbados were Jewellery ($6.86M), Rice ($3.73M), and Sand ($3.04M). During the last 5 years the exports of Guyana to Barbados have increased at an annualized rate of 3.59%, from $17.6M in 2022 to $21M in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Guyana (Flag)

Barbados Exports

Guyana Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Guyana
Top DestinationPanama$5.84B

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

In 2022, countries that imported more from Barbados than Guyana included Saint Lucia ($20.8M), Saint Vincent and the Grenadines ($14.1M), and Antigua and Barbuda ($11.6M).

In 2022, countries that imported more from Guyana than Barbados included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

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

Comparative Advantage Barbados - Guyana

Flow
Scale

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

During 2022, Barbados had a large net trade with Guyana in the exports of Mineral Products ($14.2M), Vegetable Products ($4.21M), and Foodstuffs ($3.69M).

During 2017, Guyana had a large net trade with Barbados in the exports of Precious Metals ($6.86M), Vegetable Products ($4.14M), and Foodstuffs ($3.11M).

Economic Complexity

Competitive Landscape

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

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

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