2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
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GDP GROWTH
22.3%CURRENT US$
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2022
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 GDP
$949MCURRENT US$
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2012-2022
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GDP GROWTH
29.9%CURRENT US$
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2022
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GDP PC 
$20,019CURRENT US$
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2012-2022
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GDP PC GROWTH
19.9%CURRENT US$
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2022
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GDP PC
$9,125CURRENT US$
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2012-2022
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GDP PC GROWTH
35.1%CURRENT US$
Rnk 57 / 186

About

Barbados-Saint Vincent and the Grenadines In 2022, Barbados exported $14.1M to Saint Vincent and the Grenadines. The main products that Barbados exported to Saint Vincent and the Grenadines are Semiconductor Devices ($2.56M), Packaged Medicaments ($2.31M), and Margarine ($970k). During the last 27 years the exports of Barbados to Saint Vincent and the Grenadines have increased at an annualized rate of 3.33%, from $5.83M in 1995 to $14.1M in 2022.

In 2022, Barbados did not export any services to Saint Vincent and the Grenadines.

Saint Vincent and the Grenadines-Barbados In 2022, Saint Vincent and the Grenadines exported $6.84M to Barbados. The main products that Saint Vincent and the Grenadines exported to Barbados were Wheat Flours ($1.52M), Animal Food ($1.44M), and Flavored Water ($968k). During the last 27 years the exports of Saint Vincent and the Grenadines to Barbados have increased at an annualized rate of 2.31%, from $3.7M in 1995 to $6.84M in 2022.

In 2022, Saint Vincent and the Grenadines did not export any services to Barbados.

Comparison In 2022,  Barbados ranked 176 in total exports ($393M). That same year, Saint Vincent and the Grenadines ranked 197 in total exports ($82.5M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $14.1M to Saint Vincent and the Grenadines. The main products exported from Barbados to Saint Vincent and the Grenadines were Semiconductor Devices ($2.56M), Packaged Medicaments ($2.31M), and Margarine ($970k). During the last 27 years the exports of Barbados to Saint Vincent and the Grenadines have increased at an annualized rate of 3.33%, from $5.83M in 1995 to $14.1M in 2022.

In 2022, Saint Vincent and the Grenadines exported $6.84M to Barbados. The main products exported from Saint Vincent and the Grenadines to Barbados were Wheat Flours ($1.52M), Animal Food ($1.44M), and Flavored Water ($968k). During the last 27 years the exports of Saint Vincent and the Grenadines to Barbados have increased at an annualized rate of 2.31%, from $3.7M in 1995 to $6.84M in 2022.

Exports from Barbados (Flag) to Saint Vincent and the Grenadines (Flag) (2022)

Exports from Saint Vincent and the Grenadines (Flag) to Barbados (Flag) (2022)

Latest Data

Trade between Barbados (Flag) and Saint Vincent and the Grenadines (Flag)

Barbados Exports

Saint Vincent and the Grenadines Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M

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

In 2021, countries that imported more from Barbados than Saint Vincent and the Grenadines were United States ($88.6M), Jamaica ($43.3M), and Trinidad and Tobago ($33.8M).

In 2021, countries that imported more from Saint Vincent and the Grenadines than Barbados were Malaysia ($27.8M), Greece ($7.79M), and Spain ($5.19M).

Difference in imports from Saint Vincent and the Grenadines (Flag) and Barbados (Flag) (2022)

Comparative Advantage Barbados - Saint Vincent and the Grenadines

Flow
Scale

This chart compares trade between Barbados and Saint Vincent and the Grenadines by product, considering products traded by both, Barbados and Saint Vincent and the Grenadines.

During 2022, Barbados had a large net trade with Saint Vincent and the Grenadines in the exports of Chemical Products ($4.34M), Machines ($2.93M), and Foodstuffs ($1.86M).

During 2022, Saint Vincent and the Grenadines had a large net trade with Barbados in the exports of Foodstuffs ($2.7M), Vegetable Products ($2.62M), and Paper Goods ($553k).

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 Saint Vincent and the Grenadines. Similarly, the more yellow a dot/product is, the more Saint Vincent and the Grenadines has comparative advantage over Barbados.

Product Space of Barbados (Flag) and Saint Vincent and the Grenadines (Flag) (2022)

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