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2022
Flag → Flag
Exports $86.1kRnk 78 / 139
2022
Flag → Flag
Top Product $49kAcyclic Alcohols
2022
Flag → Flag
Exports $1.14kRnk 150 / 156
2022
Flag → Flag
Top Product $1.07kUsed Clothing
2022
Flag
Economic Complexity (ECI) ECI 0.44Rnk 46 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC $20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH-15.7%CURRENT US$
Rnk 166 / 186

About

Barbados-Kuwait Trade: In 2022, Barbados exported $86.1k to Kuwait. The main products that Barbados exported to Kuwait were Acyclic Alcohols ($49k), Engine Parts ($15.2k), and Other Iron Products ($13k). Over the past 6 years the exports of Barbados to Kuwait have increased at an annualized rate of 48.6%, from $8k in 2016 to $86.1k in 2022.

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

Kuwait-Barbados Trade: In 2022, Kuwait exported $1.14k to Barbados. The main products that Kuwait exported to Barbados were Used Clothing ($1.07k) and Optical Fibers and optical fibre bundles ($74). Over the past 6 years the exports of Kuwait to Barbados have increased at an annualized rate of 30.9%,  from $296 in 2016 to $1.14k in 2022.

In 2022, Kuwait 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, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $86.1k to Kuwait. The main products exported from Barbados to Kuwait were Acyclic Alcohols ($49k), Engine Parts ($15.2k), and Other Iron Products ($13k). During the last 6 years the exports of Barbados to Kuwait have increased at an annualized rate of 48.6%, from $8k in 2016 to $86.1k in 2022.

In 2017, Kuwait exported $1.14k to Barbados. The main products exported from Kuwait to Barbados were Used Clothing ($1.07k) and Optical Fibers and optical fibre bundles ($74). During the last 5 years the exports of Kuwait to Barbados have increased at an annualized rate of 30.9%, from $296 in 2022 to $1.14k in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Kuwait (Flag)

Barbados Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Kuwait
Top DestinationChina$24.3B

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

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

In 2022, countries that imported more from Kuwait than Barbados included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Barbados - Kuwait

Flow
Scale

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

During 2022, Barbados had a large net trade with Kuwait in the exports of Chemical Products ($49k), Machines ($17.2k), and Metals ($15.8k).

During 2017, Kuwait had a large net trade with Barbados in the exports of Textiles ($1.07k) and Instruments ($74).

Economic Complexity

Competitive Landscape

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

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

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