Barbados (BRB) and Turkey (TUR) Trade | The Observatory of Economic Complexity

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Barbados-Turkey Trade: In 2022, Barbados exported $124k to Turkey. The main products that Barbados exported to Turkey were Hard Liquor ($112k), Railway Cargo Containers ($7.49k), and Oscilloscopes ($1k). Over the past 5 years the exports of Barbados to Turkey have decreased at an annualized rate of 43.7%, from $2.19M in 2017 to $124k in 2022.

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

Turkey-Barbados Trade: In 2022, Turkey exported $27.8M to Barbados. The main products that Turkey exported to Barbados were Passenger and Cargo Ships ($6.2M), Cement ($4.89M), and Refined Petroleum ($4.17M). Over the past 5 years the exports of Turkey to Barbados have increased at an annualized rate of 32.2%, from $6.88M in 2017 to $27.8M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Barbados exported $124k to Turkey. The main products exported from Barbados to Turkey were Hard Liquor ($112k), Railway Cargo Containers ($7.49k), and Oscilloscopes ($1k). During the last 5 years the exports of Barbados to Turkey have decreased at an annualized rate of 43.7%, from $2.19M in 2017 to $124k in 2022.

In 2017, Turkey exported $27.8M to Barbados. The main products exported from Turkey to Barbados were Passenger and Cargo Ships ($6.2M), Cement ($4.89M), and Refined Petroleum ($4.17M). During the last 5 years the exports of Turkey to Barbados have increased at an annualized rate of 32.2%, from $6.88M in 2022 to $27.8M in 2017.

Exports from Barbados () to Turkey () (2022)

Exports from Turkey () to Barbados () (2022)

Latest Data

Trade between Barbados () and Turkey ()

Barbados Exports

Date

Turkey Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Barbados
Top DestinationUnited States$88.6M

Turkey
Top DestinationGermany$21.9B

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

In 2022, countries that imported more from Barbados than Turkey included Saint Lucia ($20.8M), Grenada ($13.5M), and Dominica ($5.47M).

In 2022, countries that imported more from Turkey than Barbados included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

Comparative Advantage Barbados - Turkey

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Barbados had a large net trade with Turkey in the exports of Foodstuffs ($113k), Transportation ($7.49k), and Machines ($1.09k).

During 2017, Turkey had a large net trade with Barbados in the exports of Mineral Products ($9.07M), Transportation ($6.34M), and Metals ($3.02M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Barbados () to Turkey () (2022)

Exports from Turkey () to Barbados () (2022)

Latest Data

Trade between Barbados () and Turkey ()

Barbados Exports

Turkey Exports

Market Competitiveness

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

Comparative Advantage Barbados - Turkey

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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