2022
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GDP
$5.64BCURRENT US$
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2012-2022
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GDP GROWTH
22.3%CURRENT US$
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2022
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 GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
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2022
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GDP PC 
$20,019CURRENT US$
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2012-2022
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GDP PC GROWTH
19.9%CURRENT US$
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2022
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GDP PC
$104,039CURRENT US$
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2012-2022
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GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Barbados-Ireland In 2022, Barbados exported $189k to Ireland. The main products that Barbados exported to Ireland are Orthopedic Appliances ($51.5k), Microphones and Headphones ($47.7k), and Wood Barrels ($38.4k). During the last 27 years the exports of Barbados to Ireland have increased at an annualized rate of 8.85%, from $19.2k in 1995 to $189k in 2022.

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

Ireland-Barbados In 2022, Ireland exported $6.46M to Barbados. The main products that Ireland exported to Barbados were Frozen Bovine Meat ($1.81M), Butter ($610k), and Other Office Machines ($527k). During the last 27 years the exports of Ireland to Barbados have increased at an annualized rate of 5.68%, from $1.45M in 1995 to $6.46M in 2022.

In 2022, Ireland 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $189k to Ireland. The main products exported from Barbados to Ireland were Orthopedic Appliances ($51.5k), Microphones and Headphones ($47.7k), and Wood Barrels ($38.4k). During the last 27 years the exports of Barbados to Ireland have increased at an annualized rate of 8.85%, from $19.2k in 1995 to $189k in 2022.

In 2022, Ireland exported $6.46M to Barbados. The main products exported from Ireland to Barbados were Frozen Bovine Meat ($1.81M), Butter ($610k), and Other Office Machines ($527k). During the last 27 years the exports of Ireland to Barbados have increased at an annualized rate of 5.68%, from $1.45M in 1995 to $6.46M in 2022.

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

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

Latest Data

Trade between Barbados (Flag) and Ireland (Flag)

Barbados Exports

Ireland Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Ireland
Top Destination
United States$70.7B

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 2021, countries that imported more from Barbados than Ireland were Jamaica ($43.3M), Guyana ($29.7M), and Saint Lucia ($20.8M).

In 2021, countries that imported more from Ireland than Barbados were United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

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 2022, Barbados had a large net trade with Ireland in the exports of Instruments ($57.9k), Machines ($52.5k), and Wood Products ($38.4k).

During 2022, Ireland had a large net trade with Barbados in the exports of Animal Products ($2.8M), Chemical Products ($1.21M), and Machines ($772k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Barbados has comparative advantage over Ireland. Similarly, the more yellow a dot/product is, the more Ireland has comparative advantage over Barbados.

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

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