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2023
Flag → Flag
Exports $192kRnk 62 / 139
2023
Flag → Flag
Top Product $107kScrap Aluminium
2023
Flag → Flag
Exports $762kRnk 138 / 142
2023
Flag → Flag
Top Product $115kOther Furniture
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
GDP PC $23,804CURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC$4,282CURRENT US$
Rnk 128 / 196
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195

About

Barbados-Vietnam Trade: In 2023, Barbados exported $192k to Vietnam. The main products that Barbados exported to Vietnam were Scrap Aluminium ($107k) and Orthopedic Appliances ($85.6k). Over the past 5 years the exports of Barbados to Vietnam have increased at an annualized rate of 33.1%, from $46.1k in 2018 to $192k in 2023.

In 2023, Barbados did not export any services to Vietnam.

Vietnam-Barbados Trade: In 2023, Vietnam exported $762k to Barbados. The main products that Vietnam exported to Barbados were Other Furniture ($115k), Plastic Lids ($110k), and Seats ($91.8k). Over the past 5 years the exports of Vietnam to Barbados have decreased at an annualized rate of 29%,  from $4.21M in 2018 to $762k in 2023.

In 2023, Vietnam did not export any services to Barbados.

Comparison In 2023,  Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index. That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $192k to Vietnam. The main products exported from Barbados to Vietnam were Scrap Aluminium ($107k) and Orthopedic Appliances ($85.6k). During the last 5 years the exports of Barbados to Vietnam have increased at an annualized rate of 33.1%, from $46.1k in 2018 to $192k in 2023.

In 2018, Vietnam exported $762k to Barbados. The main products exported from Vietnam to Barbados were Other Furniture ($115k), Plastic Lids ($110k), and Seats ($91.8k). During the last 5 years the exports of Vietnam to Barbados have decreased at an annualized rate of 29%, from $4.21M in 2023 to $762k in 2018.

Exports from Barbados (Flag) to Vietnam (Flag) (2023)

Exports from Vietnam (Flag) to Barbados (Flag) (2023)

Latest Data

Trade between Barbados (Flag) and Vietnam (Flag)

Barbados Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
Vietnam
Top DestinationUnited States$118B

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

In 2023, countries that imported more from Barbados than Vietnam included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Saint Lucia ($19.5M).

In 2023, countries that imported more from Vietnam than Barbados included United States ($118B), China ($85.7B), and Japan ($25.1B).

Difference in imports from Vietnam (Flag) and Barbados (Flag) (2023)

Comparative Advantage Barbados - Vietnam

Flow
Scale

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

During 2023, Barbados had a large net trade with Vietnam in the exports of Metals ($107k) and Instruments ($85.6k).

During 2018, Vietnam had a large net trade with Barbados in the exports of Miscellaneous ($209k), Foodstuffs ($134k), and Plastics and Rubbers ($123k).

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Vietnam (Flag) (2023)

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