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2022
Flag → Flag
Exports $212kRnk 63 / 139
2022
Flag → Flag
Top Product $121kOrthopedic Appliances
2022
Flag → Flag
Exports $731kRnk 145 / 152
2022
Flag → Flag
Top Product $116kOther Furniture
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 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$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

Barbados-Vietnam Trade: In 2022, Barbados exported $212k to Vietnam. The main products that Barbados exported to Vietnam were Orthopedic Appliances ($121k) and Scrap Aluminium ($90.7k). Over the past 5 years the exports of Barbados to Vietnam have increased at an annualized rate of 8.07%, from $144k in 2017 to $212k in 2022.

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

Vietnam-Barbados Trade: In 2022, Vietnam exported $731k to Barbados. The main products that Vietnam exported to Barbados were Other Furniture ($116k), Non-fillet Frozen Fish ($114k), and Plastic Lids ($112k). Over the past 5 years the exports of Vietnam to Barbados have decreased at an annualized rate of 30.4%,  from $4.47M in 2017 to $731k in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $212k to Vietnam. The main products exported from Barbados to Vietnam were Orthopedic Appliances ($121k) and Scrap Aluminium ($90.7k). During the last 5 years the exports of Barbados to Vietnam have increased at an annualized rate of 8.07%, from $144k in 2017 to $212k in 2022.

In 2017, Vietnam exported $731k to Barbados. The main products exported from Vietnam to Barbados were Other Furniture ($116k), Non-fillet Frozen Fish ($114k), and Plastic Lids ($112k). During the last 5 years the exports of Vietnam to Barbados have decreased at an annualized rate of 30.4%, from $4.47M in 2022 to $731k in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Vietnam (Flag)

Barbados Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Vietnam
Top DestinationUnited States$117B

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 2022, countries that imported more from Barbados than Vietnam included Guyana ($29.7M), Jamaica ($43.3M), and Saint Lucia ($20.8M).

In 2022, countries that imported more from Vietnam than Barbados included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

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 2022, Barbados had a large net trade with Vietnam in the exports of Instruments ($121k) and Metals ($90.7k).

During 2017, Vietnam had a large net trade with Barbados in the exports of Animal Products ($161k), Foodstuffs ($137k), and Miscellaneous ($116k).

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) (2022)

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