2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 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 
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 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

Denmark-Barbados In 2022, Denmark exported $6.71M to Barbados. The main products that Denmark exported to Barbados are Electric Motor Parts ($1.22M), Packaged Medicaments ($665k), and Gas Turbines ($594k). During the last 27 years the exports of Denmark to Barbados have increased at an annualized rate of 3.1%, from $2.94M in 1995 to $6.71M in 2022.

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

Barbados-Denmark In 2022, Barbados exported $1.11M to Denmark. The main products that Barbados exported to Denmark were Electric Motor Parts ($604k), Engine Parts ($172k), and Electric Soldering Equipment ($76.8k). During the last 27 years the exports of Barbados to Denmark have increased at an annualized rate of 1.34%, from $773k in 1995 to $1.11M in 2022.

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

Comparison In 2022,  Denmark ranked 23 in the Economic Complexity Index (ECI 1.01),  and 37 in total exports ($122B). 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, Denmark exported $6.71M to Barbados. The main products exported from Denmark to Barbados were Electric Motor Parts ($1.22M), Packaged Medicaments ($665k), and Gas Turbines ($594k). During the last 27 years the exports of Denmark to Barbados have increased at an annualized rate of 3.1%, from $2.94M in 1995 to $6.71M in 2022.

In 2022, Barbados exported $1.11M to Denmark. The main products exported from Barbados to Denmark were Electric Motor Parts ($604k), Engine Parts ($172k), and Electric Soldering Equipment ($76.8k). During the last 27 years the exports of Barbados to Denmark have increased at an annualized rate of 1.34%, from $773k in 1995 to $1.11M in 2022.

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

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

Latest Data

Trade between Denmark (Flag) and Barbados (Flag)

Denmark Exports

Barbados Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Barbados
Top Destination
United States$88.6M

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

In 2021, countries that imported more from Denmark than Barbados were Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2021, countries that imported more from Barbados than Denmark were Jamaica ($43.3M), Guyana ($29.7M), and Saint Lucia ($20.8M).

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

Comparative Advantage Denmark - Barbados

Flow
Scale

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

During 2022, Denmark had a large net trade with Barbados in the exports of Machines ($4.63M), Chemical Products ($851k), and Animal Products ($443k).

During 2022, Barbados had a large net trade with Denmark in the exports of Machines ($978k), Foodstuffs ($48.5k), and Instruments ($47.2k).

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

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

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