2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186

About

Colombia-Barbados In 2022, Colombia exported $11.3M to Barbados. The main products that Colombia exported to Barbados are Aluminium Cans ($2.61M), Malt ($875k), and Raw Sugar ($789k). During the last 27 years the exports of Colombia to Barbados have increased at an annualized rate of 10.9%, from $702k in 1995 to $11.3M in 2022.

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

Barbados-Colombia In 2022, Barbados exported $731k to Colombia. The main products that Barbados exported to Colombia were Petroleum Gas ($550k), Tool Sets ($56.7k), and Other Processed Fruits and Nuts ($54.5k). During the last 27 years the exports of Barbados to Colombia have increased at an annualized rate of 9.66%, from $60.7k in 1995 to $731k in 2022.

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

Comparison In 2022,  Colombia ranked 57 in the Economic Complexity Index (ECI 0.094),  and 53 in total exports ($60.3B). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $11.3M to Barbados. The main products exported from Colombia to Barbados were Aluminium Cans ($2.61M), Malt ($875k), and Raw Sugar ($789k). During the last 27 years the exports of Colombia to Barbados have increased at an annualized rate of 10.9%, from $702k in 1995 to $11.3M in 2022.

In 2022, Barbados exported $731k to Colombia. The main products exported from Barbados to Colombia were Petroleum Gas ($550k), Tool Sets ($56.7k), and Other Processed Fruits and Nuts ($54.5k). During the last 27 years the exports of Barbados to Colombia have increased at an annualized rate of 9.66%, from $60.7k in 1995 to $731k in 2022.

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

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

Latest Data

Trade between Colombia (Flag) and Barbados (Flag)

Colombia Exports

Barbados Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Barbados
Top Destination
United States$88.6M

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

In 2021, countries that imported more from Colombia than Barbados were United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2021, countries that imported more from Barbados than Colombia were Saint Lucia ($20.8M), Saint Vincent and the Grenadines ($14.1M), and Grenada ($13.5M).

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

Comparative Advantage Colombia - Barbados

Flow
Scale

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

During 2022, Colombia had a large net trade with Barbados in the exports of Metals ($3.28M), Machines ($1.94M), and Plastics and Rubbers ($1.62M).

During 2022, Barbados had a large net trade with Colombia in the exports of Mineral Products ($555k), Metals ($56.7k), and Foodstuffs ($54.5k).

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 Colombia has comparative advantage over Barbados. Similarly, the more yellow a dot/product is, the more Barbados has comparative advantage over Colombia.

Product Space of Colombia (Flag) and Barbados (Flag) (2022)

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