2023
Flag  
GDP
$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH
25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC 
$23,804CURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP PC GROWTH
23.3%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC
$103,888CURRENT US$
Rnk 4 / 196
2013-2023
Flag
GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195

About

Barbados-Ireland Trade: In 2023, Barbados exported $225k to Ireland. The main products that Barbados exported to Ireland were Orthopedic Appliances ($72.8k), Cars ($40k), and Hard Liquor ($28.6k). Over the past 5 years the exports of Barbados to Ireland have decreased at an annualized rate of 1.34%, from $241k in 2018 to $225k in 2023.

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

Ireland-Barbados Trade: In 2023, Ireland exported $3.82M to Barbados. The main products that Ireland exported to Barbados were Other Office Machines ($658k), Cheese ($458k), and Packaged Medicaments ($449k). Over the past 5 years the exports of Ireland to Barbados have increased at an annualized rate of 2%,  from $3.46M in 2018 to $3.82M in 2023.

In 2023, Ireland 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, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $225k to Ireland. The main products exported from Barbados to Ireland were Orthopedic Appliances ($72.8k), Cars ($40k), and Hard Liquor ($28.6k). During the last 5 years the exports of Barbados to Ireland have decreased at an annualized rate of 1.34%, from $241k in 2018 to $225k in 2023.

In 2018, Ireland exported $3.82M to Barbados. The main products exported from Ireland to Barbados were Other Office Machines ($658k), Cheese ($458k), and Packaged Medicaments ($449k). During the last 5 years the exports of Ireland to Barbados have increased at an annualized rate of 2%, from $3.46M in 2023 to $3.82M in 2018.

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

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

Latest Data

Trade between Barbados (Flag) and Ireland (Flag)

Barbados Exports

Ireland Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$91M
Ireland
Top Destination
United States$67.4B

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

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

In 2023, countries that imported more from Ireland than Barbados included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

Comparative Advantage Barbados - Ireland

Flow
Scale

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

During 2023, Barbados had a large net trade with Ireland in the exports of Instruments ($89.3k), Transportation ($40k), and Arts and Antiques ($29.2k).

During 2018, Ireland had a large net trade with Barbados in the exports of Machines ($1.1M), Animal Products ($915k), and Chemical Products ($822k).

Economic Complexity

Competitive Landscape

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

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

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