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2023
Flag → Flag
Exports $114kRnk 72 / 139
2023
Flag → Flag
Top Product $57.6kNatural Polymers
2023
Flag → Flag
Exports $3.52MRnk 174 / 213
2023
Flag → Flag
Top Product $1.76MCars
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 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$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195

About

Barbados-Indonesia Trade: In 2023, Barbados exported $114k to Indonesia. The main products that Barbados exported to Indonesia were Natural Polymers ($57.6k), Electrical Resistors ($37.5k), and Medical Instruments ($14.4k). Over the past 5 years the exports of Barbados to Indonesia have decreased at an annualized rate of 8.15%, from $174k in 2018 to $114k in 2023.

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

Indonesia-Barbados Trade: In 2023, Indonesia exported $3.52M to Barbados. The main products that Indonesia exported to Barbados were Cars ($1.76M), Wood Carpentry ($222k), and Cleaning Products ($172k). Over the past 5 years the exports of Indonesia to Barbados have decreased at an annualized rate of 8.26%,  from $8.33M in 2018 to $3.52M in 2023.

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

Comparison In 2023,  Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index. That same year, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $114k to Indonesia. The main products exported from Barbados to Indonesia were Natural Polymers ($57.6k), Electrical Resistors ($37.5k), and Medical Instruments ($14.4k). During the last 5 years the exports of Barbados to Indonesia have decreased at an annualized rate of 8.15%, from $174k in 2018 to $114k in 2023.

In 2018, Indonesia exported $3.52M to Barbados. The main products exported from Indonesia to Barbados were Cars ($1.76M), Wood Carpentry ($222k), and Cleaning Products ($172k). During the last 5 years the exports of Indonesia to Barbados have decreased at an annualized rate of 8.26%, from $8.33M in 2023 to $3.52M in 2018.

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

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

Latest Data

Trade between Barbados (Flag) and Indonesia (Flag)

Barbados Exports

Indonesia Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
Indonesia
Top DestinationChina$70.7B

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

In 2023, countries that imported more from Barbados than Indonesia included Jamaica ($71.2M), Guyana ($24.6M), and Saint Lucia ($19.5M).

In 2023, countries that imported more from Indonesia than Barbados included China ($70.7B), United States ($27.9B), and India ($24B).

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

Comparative Advantage Barbados - Indonesia

Flow
Scale

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

During 2023, Barbados had a large net trade with Indonesia in the exports of Plastics and Rubbers ($57.6k), Machines ($39.6k), and Instruments ($14.4k).

During 2018, Indonesia had a large net trade with Barbados in the exports of Transportation ($2.02M), Wood Products ($247k), and Chemical Products ($219k).

Economic Complexity

Competitive Landscape

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

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

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