2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH
90.9%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC 
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC
$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH
39.5%CURRENT US$
Rnk 49 / 186

About

Barbados-Tanzania Trade: In 2022, Barbados exported $7.17k to Tanzania. The main products that Barbados exported to Tanzania were Synthetic Coloring Matter ($5.71k), Air Pumps ($794), and Hard Liquor ($590). Over the past 6 years the exports of Barbados to Tanzania have increased at an annualized rate of 96.6%, from $124 in 2016 to $7.17k in 2022.

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

Tanzania-Barbados Trade: In 2022, Tanzania exported $763 to Barbados. The main products that Tanzania exported to Barbados were Electrical Transformers ($763). Over the past 6 years the exports of Tanzania to Barbados have decreased at an annualized rate of 47.1%,  from $18.4k in 2016 to $763 in 2022.

In 2022, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $7.17k to Tanzania. The main products exported from Barbados to Tanzania were Synthetic Coloring Matter ($5.71k), Air Pumps ($794), and Hard Liquor ($590). During the last 6 years the exports of Barbados to Tanzania have increased at an annualized rate of 96.6%, from $124 in 2016 to $7.17k in 2022.

In 2017, Tanzania exported $763 to Barbados. The main products exported from Tanzania to Barbados were Electrical Transformers ($763). During the last 5 years the exports of Tanzania to Barbados have decreased at an annualized rate of 47.1%, from $18.4k in 2022 to $763 in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Tanzania (Flag)

Barbados Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Tanzania
Top Destination
India$2.73B

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

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

In 2022, countries that imported more from Tanzania than Barbados included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

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

Comparative Advantage Barbados - Tanzania

Flow
Scale

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

During 2022, Barbados had a large net trade with Tanzania in the exports of Chemical Products ($5.76k), Machines ($794), and Foodstuffs ($590).

During 2017, Tanzania had a large net trade with Barbados in the exports of Machines ($763).

Economic Complexity

Competitive Landscape

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

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

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