Barbados (BRB) and Philippines (PHL) Trade | The Observatory of Economic Complexity

About

Barbados-Philippines Trade: In 2022, Barbados exported $501 to Philippines. The main products that Barbados exported to Philippines were Knit Babies' Garments ($281), Hard Liquor ($118), and Jewellery ($98). Over the past 5 years the exports of Barbados to Philippines have decreased at an annualized rate of 58.7%, from $41.7k in 2017 to $501 in 2022.

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

Philippines-Barbados Trade: In 2022, Philippines exported $134k to Barbados. The main products that Philippines exported to Barbados were Other Processed Fruits and Nuts ($121k), Sowing Seeds ($4.01k), and Electrical Transformers ($3.5k). Over the past 5 years the exports of Philippines to Barbados have decreased at an annualized rate of 32.3%, from $944k in 2017 to $134k in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Barbados exported $501 to Philippines. The main products exported from Barbados to Philippines were Knit Babies' Garments ($281), Hard Liquor ($118), and Jewellery ($98). During the last 5 years the exports of Barbados to Philippines have decreased at an annualized rate of 58.7%, from $41.7k in 2017 to $501 in 2022.

In 2017, Philippines exported $134k to Barbados. The main products exported from Philippines to Barbados were Other Processed Fruits and Nuts ($121k), Sowing Seeds ($4.01k), and Electrical Transformers ($3.5k). During the last 5 years the exports of Philippines to Barbados have decreased at an annualized rate of 32.3%, from $944k in 2022 to $134k in 2017.

Exports from Barbados () to Philippines () (2022)

Exports from Philippines () to Barbados () (2022)

Latest Data

Trade between Barbados () and Philippines ()

Barbados Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Barbados
Top DestinationUnited States$88.6M

Philippines
Top DestinationUnited States$15.5B

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

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

In 2022, countries that imported more from Philippines than Barbados included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

Difference in imports from Philippines () and Barbados () (2022)

Comparative Advantage Barbados - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Barbados had a large net trade with Philippines in the exports of Textiles ($281), Foodstuffs ($118), and Precious Metals ($98).

During 2017, Philippines had a large net trade with Barbados in the exports of Foodstuffs ($121k), Machines ($6.54k), and Vegetable Products ($4.01k).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Barbados () to Philippines () (2022)

Exports from Philippines () to Barbados () (2022)

Latest Data

Trade between Barbados () and Philippines ()

Barbados Exports

Philippines Exports

Market Competitiveness

Difference in imports from Philippines () and Barbados () (2022)

Comparative Advantage Barbados - Philippines

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Barbados () and Philippines () (2022)

Keep Exploring