Barbados (BRB) and British Indian Ocean Territory (IOT) Trade | The Observatory of Economic Complexity

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Barbados (BRB) and British Indian Ocean Territory (IOT) Trade

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Exports $661MRnk 43 / 0

2022

GDP$5.64BCURRENT US$
Rnk 152 / 186

2012-2022

GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186

2022

GDP PC $20,019CURRENT US$
Rnk 52 / 186

2012-2022

GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

Image 1

Image by ~Ealasaid~
Link: https://flic.kr/p/4g3uw7

Image 2

Image by Serendigity
Link: https://flic.kr/p/imDghY

Historical Data
Economic Complexity

About

In N/A, Barbados did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Barbados In N/A, British Indian Ocean Territory did not export any products to Barbados.

In N/A, British Indian Ocean Territory did not export any services to Barbados.

Comparison In 2022, Barbados ranked 176 in total exports ($393M). That same year, British Indian Ocean Territory ranked 221 in total exports ($5.8M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Barbados does not register exports to British Indian Ocean Territory.

British Indian Ocean Territory does not register exports to Barbados.

Exports from Barbados () to British Indian Ocean Territory () (2020)

Exports from British Indian Ocean Territory () to Barbados () (2020)

Latest Data

Trade between Barbados () and British Indian Ocean Territory ()

Barbados Exports

Date

Sep 2020

Apr 2017

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Barbados
Top DestinationUnited States$88.6M

British Indian Ocean Territory
Top DestinationSingapore$4.42M

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

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

In 2022, countries that imported more from British Indian Ocean Territory than Barbados included Singapore ($4.42M), Uzbekistan ($280k), and Angola ($867).

Difference in imports from British Indian Ocean Territory () and Barbados () (2022)

Comparative Advantage Barbados - British Indian Ocean Territory

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Barbados and British Indian Ocean Territory by product, considering products traded by both, Barbados and British Indian Ocean Territory.

Economic Complexity

Competitive Landscape

Year

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

Product Space of Barbados () and British Indian Ocean Territory () (2020)

Keep Exploring

Barbados
India
Barbados
Iran
Bermuda
British Indian Ocean Territory
Canada
British Indian Ocean Territory

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