2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC 
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186

About

Barbados-Kazakhstan Trade: In 2022, Barbados exported $21.4k to Kazakhstan. The main products that Barbados exported to Kazakhstan were Hard Liquor ($10.3k), Amino-resins ($8.1k), and Electrical Resistors ($2.47k). Over the past 5 years the exports of Barbados to Kazakhstan have increased at an annualized rate of 8.51%, from $14.2k in 2017 to $21.4k in 2022.

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

Kazakhstan-Barbados In N/A, Kazakhstan did not export any products to Barbados.

In 2022, Kazakhstan 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, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $21.4k to Kazakhstan. The main products exported from Barbados to Kazakhstan were Hard Liquor ($10.3k), Amino-resins ($8.1k), and Electrical Resistors ($2.47k). During the last 5 years the exports of Barbados to Kazakhstan have increased at an annualized rate of 8.51%, from $14.2k in 2017 to $21.4k in 2022.

Kazakhstan does not register exports to Barbados. The main products exported from Kazakhstan to Barbados were Electrical Lighting and Signalling Equipment ($442), Other Animals ($175), and Centrifuges ($86).

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

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

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Kazakhstan
Top Destination
China$13.4B

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

In 2022, countries that imported more from Barbados than Kazakhstan included Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

In 2022, countries that imported more from Kazakhstan than Barbados included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

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

Comparative Advantage Barbados - Kazakhstan

Flow
Scale

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

During 2022, Barbados had a large net trade with Kazakhstan in the exports of Foodstuffs ($10.3k), Plastics and Rubbers ($8.1k), and Machines ($2.47k).

Economic Complexity

Competitive Landscape

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

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

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