NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $586Rnk 115 / 121
2023
Flag → Flag
Top Product $435Wood Ornaments
2023
Flag → Flag
Exports $11.7kRnk 105 / 139
2023
Flag → Flag
Top Product $4.21kOther Edible Preparations
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 132
2023
Flag
 GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

Cuba-Barbados Trade: In 2023, Cuba exported $586 to Barbados. The main products that Cuba exported to Barbados were Wood Ornaments ($435), Wood Kitchenware ($77), and Ceramic Tableware ($74). Over the past 5 years the exports of Cuba to Barbados have decreased at an annualized rate of 70%, from $240k in 2018 to $586 in 2023.

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

Barbados-Cuba Trade: In 2023, Barbados exported $11.7k to Cuba. The main products that Barbados exported to Cuba were Other Edible Preparations ($4.21k), Other Furniture ($3.43k), and Other Electrical Machinery ($1.76k). Over the past 5 years the exports of Barbados to Cuba have decreased at an annualized rate of 15.3%,  from $26.7k in 2018 to $11.7k in 2023.

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

Comparison In 2023,  Cuba ranked 82 in the Economic Complexity Index (ECI -0.42),  and 159 in total exports ($1.05B). That same year, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cuba exported $586 to Barbados. The main products exported from Cuba to Barbados were Wood Ornaments ($435), Wood Kitchenware ($77), and Ceramic Tableware ($74). During the last 5 years the exports of Cuba to Barbados have decreased at an annualized rate of 70%, from $240k in 2018 to $586 in 2023.

In 2018, Barbados exported $11.7k to Cuba. The main products exported from Barbados to Cuba were Other Edible Preparations ($4.21k), Other Furniture ($3.43k), and Other Electrical Machinery ($1.76k). During the last 5 years the exports of Barbados to Cuba have decreased at an annualized rate of 15.3%, from $26.7k in 2023 to $11.7k in 2018.

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

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

Latest Data

Trade between Cuba (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Cuba
Top DestinationChina$358M
Barbados
Top DestinationUnited States$91M

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

In 2023, countries that imported more from Cuba than Barbados included China ($358M), Spain ($129M), and Germany ($68.1M).

In 2023, countries that imported more from Barbados than Cuba included United States ($91M), Jamaica ($71.2M), and Trinidad and Tobago ($33.7M).

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

Comparative Advantage Cuba - Barbados

Flow
Scale

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

During 2023, Cuba had a large net trade with Barbados in the exports of Wood Products ($512) and Stone And Glass ($74).

During 2018, Barbados had a large net trade with Cuba in the exports of Foodstuffs ($5.84k), Miscellaneous ($3.43k), and Machines ($1.76k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms