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2023
Flag → Flag
Exports $2.88MRnk 112 / 183
2023
Flag → Flag
Top Product $1.16MPlywood
2023
Flag → Flag
Exports $132kRnk 70 / 139
2023
Flag → Flag
Top Product $93.6kOrthopedic Appliances
2023
Flag
Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 195
2023
Flag
 GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC $17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195
2023
Flag
GDP PC$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

Chile-Barbados Trade: In 2023, Chile exported $2.88M to Barbados. The main products that Chile exported to Barbados were Plywood ($1.16M), Wine ($421k), and Raw Sugar ($304k). Over the past 5 years the exports of Chile to Barbados have decreased at an annualized rate of 13.7%, from $6M in 2018 to $2.88M in 2023.

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

Barbados-Chile Trade: In 2023, Barbados exported $132k to Chile. The main products that Barbados exported to Chile were Orthopedic Appliances ($93.6k), Railway Cargo Containers ($35k), and Hard Liquor ($2.91k). Over the past 5 years the exports of Barbados to Chile have decreased at an annualized rate of 18.6%,  from $370k in 2018 to $132k in 2023.

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

Comparison In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2),  and 43 in total exports ($98.9B). That same year, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Chile exported $739k and imported $2.4M from Barbados, resulting in a negative trade balance of $1.66M. Between November 2023 and November 2024 the exports of Chile have increased by $593k (404%) from $147k to $739k, while imports increased by $1.82M (317%) from $575k to $2.4M.

Trade In November 2024, the top exports of Chile to Barbados were Other Edible Preparations ($97.2k), Plywood ($73.4k), Wood Fiberboard ($24.7k), Wine ($19.4k), and Commodities not elsewhere specified ($13.3). In November 2024 the top imports of Chile from Barbados were Railway Cargo Containers ($253k).

Origins In November 2024 the exports of Chile were mainly from Vitacura ($495k), Arauco ($109k), Santiago ($55.7k), Treguaco ($33k), and Macul ($25.6k), while imports destinations were mainly Las Condes ($1.98M), Viña Del Mar ($397k), and San Bernardo ($14.1k).

Growth In November 2024, the increase in Chile's year-by-year exports to Barbados was explained primarily by an increase in product exports in Wood Fiberboard ($6.68k or 37.2%) and Commodities not elsewhere specified ($13.1 or 7.26k%). In November 2024, the increase in Chile's year-by-year imports  from Barbados was explained primarily by an increase in product imports  in Railway Cargo Containers ($71k or 39%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$593k(404%)
IMPORT GROWTH (November 2023 - November 2024)$1.82M(317%)
MAIN EXPORTER (November 2024)Vitacura$495k

This section shows exports and imports data at subnational level for Chile. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Chile over time.

To check Barbados and Chile trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chile exported $2.88M to Barbados. The main products exported from Chile to Barbados were Plywood ($1.16M), Wine ($421k), and Raw Sugar ($304k). During the last 5 years the exports of Chile to Barbados have decreased at an annualized rate of 13.7%, from $6M in 2018 to $2.88M in 2023.

In 2018, Barbados exported $132k to Chile. The main products exported from Barbados to Chile were Orthopedic Appliances ($93.6k), Railway Cargo Containers ($35k), and Hard Liquor ($2.91k). During the last 5 years the exports of Barbados to Chile have decreased at an annualized rate of 18.6%, from $370k in 2023 to $132k in 2018.

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

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

Market Competitiveness

Color
Chile
Top DestinationChina$38.2B
Barbados
Top DestinationUnited States$91M

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

In 2023, countries that imported more from Chile than Barbados included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

In 2023, countries that imported more from Barbados than Chile included Jamaica ($71.2M), Saint Lucia ($19.5M), and Guyana ($24.6M).

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

Comparative Advantage Chile - Barbados

Flow
Scale

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

During 2023, Chile had a large net trade with Barbados in the exports of Wood Products ($1.48M), Foodstuffs ($1.05M), and Animal Products ($198k).

During 2018, Barbados had a large net trade with Chile in the exports of Instruments ($93.6k), Transportation ($35k), and Foodstuffs ($2.91k).

Economic Complexity

Competitive Landscape

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

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

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