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Pricing

2022
Flag → Flag
Exports $54.2kRnk 84 / 139
2022
Flag → Flag
Top Product $54.1kNatural Polymers
2022
Flag → Flag
Exports $16.7kRnk 108 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 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$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186

About

Barbados-Rwanda Trade: In 2022, Barbados exported $54.2k to Rwanda. The main products that Barbados exported to Rwanda were Natural Polymers ($54.1k) and Musical Instrument Parts ($81). Over the past 12 years the exports of Barbados to Rwanda have increased at an annualized rate of 51%, from $385 in 2010 to $54.2k in 2022.

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

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

In 2022, Rwanda 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, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $54.2k to Rwanda. The main products exported from Barbados to Rwanda were Natural Polymers ($54.1k) and Musical Instrument Parts ($81). During the last 12 years the exports of Barbados to Rwanda have increased at an annualized rate of 51%, from $385 in 2010 to $54.2k in 2022.

Rwanda does not register exports to Barbados.

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

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

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Rwanda
Top DestinationUnited Arab Emirates$568M

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

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

In 2022, countries that imported more from Rwanda than Barbados included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Thailand ($83.9M).

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

Comparative Advantage Barbados - Rwanda

Flow
Scale

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

During 2022, Barbados had a large net trade with Rwanda in the exports of Plastics and Rubbers ($54.1k) and Instruments ($81).

Economic Complexity

Competitive Landscape

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

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

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