2023
Flag  
GDP
$3.28BCURRENT US$
Rnk 167 / 195
2013-2023
Flag
GDP GROWTH
8.17%CURRENT US$
Rnk 160 / 195
2023
Flag
 GDP
$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH
25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC 
$22,192CURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP PC GROWTH
12.5%CURRENT US$
Rnk 126 / 195
2023
Flag
GDP PC
$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH
23.3%CURRENT US$
Rnk 93 / 195

About

Curaçao-Barbados Trade: In 2023, Curaçao exported $3.85M to Barbados. The main products that Curaçao exported to Barbados were Aqueous Paints ($501k), Plastic Pipes ($237k), and Chemical Analysis Instruments ($182k). Over the past 5 years the exports of Curaçao to Barbados have increased at an annualized rate of 22.4%, from $1.4M in 2018 to $3.85M in 2023.

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

Barbados-Curaçao Trade: In 2023, Barbados exported $2.95M to Curaçao. The main products that Barbados exported to Curaçao were Pesticides ($1.11M), Hard Liquor ($752k), and Packaged Medicaments ($533k). Over the past 5 years the exports of Barbados to Curaçao have increased at an annualized rate of 4.47%,  from $2.37M in 2018 to $2.95M in 2023.

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

Comparison In 2023,  Curaçao ranked 174 in total exports ($370M). That same year, Barbados ranked 171 in total exports ($421M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Curaçao exported $3.85M to Barbados. The main products exported from Curaçao to Barbados were Aqueous Paints ($501k), Plastic Pipes ($237k), and Chemical Analysis Instruments ($182k). During the last 5 years the exports of Curaçao to Barbados have increased at an annualized rate of 22.4%, from $1.4M in 2018 to $3.85M in 2023.

In 2018, Barbados exported $2.95M to Curaçao. The main products exported from Barbados to Curaçao were Pesticides ($1.11M), Hard Liquor ($752k), and Packaged Medicaments ($533k). During the last 5 years the exports of Barbados to Curaçao have increased at an annualized rate of 4.47%, from $2.37M in 2023 to $2.95M in 2018.

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

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

Latest Data

Trade between Curaçao (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Curaçao
Top Destination
Armenia$212M
Barbados
Top Destination
United States$91M

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

In 2023, countries that imported more from Curaçao than Barbados included Armenia ($212M), Dominican Republic ($16.2M), and Saudi Arabia ($7.95M).

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

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

Comparative Advantage Curaçao - Barbados

Flow
Scale

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

During 2023, Curaçao had a large net trade with Barbados in the exports of Chemical Products ($980k), Textiles ($769k), and Foodstuffs ($379k).

During 2018, Barbados had a large net trade with Curaçao in the exports of Chemical Products ($1.69M), Foodstuffs ($825k), and Plastics and Rubbers ($162k).

Economic Complexity

Competitive Landscape

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

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

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