NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $94.5kRnk 77 / 139
2023
Flag → Flag
Top Product $49.1kCollector's Items
2023
Flag → Flag
Exports $1.36MRnk 149 / 205
2023
Flag → Flag
Top Product $1.07MDried/Salted/Smoked/Brined Fish
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC $23,804CURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195

About

Barbados-Norway Trade: In 2023, Barbados exported $94.5k to Norway. The main products that Barbados exported to Norway were Collector's Items ($49.1k), Hard Liquor ($44.5k), and Low-voltage Protection Equipment ($310). Over the past 5 years the exports of Barbados to Norway have decreased at an annualized rate of 16.2%, from $229k in 2018 to $94.5k in 2023.

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

Norway-Barbados Trade: In 2023, Norway exported $1.36M to Barbados. The main products that Norway exported to Barbados were Dried/Salted/Smoked/Brined Fish ($1.07M), Fish Fillets ($95.8k), and Packaged Medicaments ($74.5k). Over the past 5 years the exports of Norway to Barbados have decreased at an annualized rate of 2.94%,  from $1.58M in 2018 to $1.36M in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $94.5k to Norway. The main products exported from Barbados to Norway were Collector's Items ($49.1k), Hard Liquor ($44.5k), and Low-voltage Protection Equipment ($310). During the last 5 years the exports of Barbados to Norway have decreased at an annualized rate of 16.2%, from $229k in 2018 to $94.5k in 2023.

In 2018, Norway exported $1.36M to Barbados. The main products exported from Norway to Barbados were Dried/Salted/Smoked/Brined Fish ($1.07M), Fish Fillets ($95.8k), and Packaged Medicaments ($74.5k). During the last 5 years the exports of Norway to Barbados have decreased at an annualized rate of 2.94%, from $1.58M in 2023 to $1.36M in 2018.

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

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

Latest Data

Trade between Barbados (Flag) and Norway (Flag)

Barbados Exports

Norway Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
Norway
Top DestinationGermany$33.8B

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

In 2023, countries that imported more from Barbados than Norway included Trinidad and Tobago ($33.7M), Saint Lucia ($19.5M), and Grenada ($13.4M).

In 2023, countries that imported more from Norway than Barbados included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

Comparative Advantage Barbados - Norway

Flow
Scale

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

During 2023, Barbados had a large net trade with Norway in the exports of Arts and Antiques ($49.1k), Foodstuffs ($44.5k), and Machines ($495).

During 2018, Norway had a large net trade with Barbados in the exports of Animal Products ($1.17M), Chemical Products ($126k), and Plastics and Rubbers ($27.5k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms