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Pricing

2022
Flag → Flag
Exports $88.6MRnk 1 / 139
2022
Flag → Flag
Top Product $22.5MHard Liquor
2022
Flag → Flag
Exports $859MRnk 86 / 219
2022
Flag → Flag
Top Product $224MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 10 / 124
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Barbados-United States In 2022, Barbados exported $88.6M to United States. The main products that Barbados exported to United States are Hard Liquor ($22.5M), Jewellery ($10.9M), and Base Metal Watches ($5.17M). During the last 27 years the exports of Barbados to United States have increased at an annualized rate of 3.54%, from $34.7M in 1995 to $88.6M in 2022.

In 2022, Barbados did not export any services to United States.

United States-Barbados In 2022, United States exported $859M to Barbados. The main products that United States exported to Barbados were Refined Petroleum ($224M), Trunks and Cases ($20M), and Computers ($17.7M). During the last 27 years the exports of United States to Barbados have increased at an annualized rate of 6.26%, from $166M in 1995 to $859M in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $88.6M to United States. The main products exported from Barbados to United States were Hard Liquor ($22.5M), Jewellery ($10.9M), and Base Metal Watches ($5.17M). During the last 27 years the exports of Barbados to United States have increased at an annualized rate of 3.54%, from $34.7M in 1995 to $88.6M in 2022.

In 2022, United States exported $859M to Barbados. The main products exported from United States to Barbados were Refined Petroleum ($224M), Trunks and Cases ($20M), and Computers ($17.7M). During the last 27 years the exports of United States to Barbados have increased at an annualized rate of 6.26%, from $166M in 1995 to $859M in 2022.

Exports from Barbados (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Barbados (Flag) (2022)

Latest Data

Trade between Barbados (Flag) and United States (Flag)

Barbados Exports

United States Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
United States
Top DestinationCanada$308B

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

In 2021, countries that imported more from Barbados than United States were North Korea ($62.3k) and Bonaire ($17.2k).

In 2021, countries that imported more from United States than Barbados were Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Barbados (Flag) (2022)

Comparative Advantage Barbados - United States

Flow
Scale

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

During 2022, Barbados had a large net trade with United States in the exports of Foodstuffs ($27.4M), Instruments ($14.7M), and Precious Metals ($12.5M).

During 2022, United States had a large net trade with Barbados in the exports of Mineral Products ($237M), Machines ($149M), and Foodstuffs ($67.4M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Barbados has comparative advantage over United States. Similarly, the more yellow a dot/product is, the more United States has comparative advantage over Barbados.

Product Space of Barbados (Flag) and United States (Flag) (2022)

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