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2022
Flag → Flag
Exports $1.44MRnk 28 / 139
2022
Flag → Flag
Top Product $1.02MRaw Aluminium
2022
Flag → Flag
Exports $3.62MRnk 172 / 218
2022
Flag → Flag
Top Product $633kMargarine
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 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$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Barbados-Malaysia Trade: In 2022, Barbados exported $1.44M to Malaysia. The main products that Barbados exported to Malaysia were Raw Aluminium ($1.02M), Electrical Resistors ($83.9k), and Dextrins ($67k). Over the past 5 years the exports of Barbados to Malaysia have decreased at an annualized rate of 36.3%, from $13.7M in 2017 to $1.44M in 2022.

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

Malaysia-Barbados Trade: In 2022, Malaysia exported $3.62M to Barbados. The main products that Malaysia exported to Barbados were Margarine ($633k), Palm Oil ($579k), and Malt Extract ($393k). Over the past 5 years the exports of Malaysia to Barbados have increased at an annualized rate of 1.18%,  from $3.41M in 2017 to $3.62M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $1.44M to Malaysia. The main products exported from Barbados to Malaysia were Raw Aluminium ($1.02M), Electrical Resistors ($83.9k), and Dextrins ($67k). During the last 5 years the exports of Barbados to Malaysia have decreased at an annualized rate of 36.3%, from $13.7M in 2017 to $1.44M in 2022.

In 2017, Malaysia exported $3.62M to Barbados. The main products exported from Malaysia to Barbados were Margarine ($633k), Palm Oil ($579k), and Malt Extract ($393k). During the last 5 years the exports of Malaysia to Barbados have increased at an annualized rate of 1.18%, from $3.41M in 2022 to $3.62M in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Malaysia (Flag)

Barbados Exports

Malaysia Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Barbados than Malaysia included Saint Lucia ($20.8M), Jamaica ($43.3M), and Guyana ($29.7M).

In 2022, countries that imported more from Malaysia than Barbados included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Barbados - Malaysia

Flow
Scale

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

During 2022, Barbados had a large net trade with Malaysia in the exports of Metals ($1.1M), Machines ($146k), and Chemical Products ($128k).

During 2017, Malaysia had a large net trade with Barbados in the exports of Animal and Vegetable Bi-Products ($1.4M), Plastics and Rubbers ($551k), and Machines ($488k).

Economic Complexity

Competitive Landscape

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

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

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