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Pricing

2022
Flag → Flag
Exports $19.4MRnk 151 / 218
2022
Flag → Flag
Top Product $7.12MHot-Rolled Iron Bars
2022
Flag → Flag
Exports $1.7MRnk 25 / 139
2022
Flag → Flag
Top Product $1.02MAlcohol > 80% ABV
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Spain-Barbados In 2022, Spain exported $19.4M to Barbados. The main products that Spain exported to Barbados are Hot-Rolled Iron Bars ($7.12M), Unglazed Ceramics ($1.53M), and Cellulose Fibers Paper ($1.32M). During the last 27 years the exports of Spain to Barbados have increased at an annualized rate of 8.93%, from $1.93M in 1995 to $19.4M in 2022.

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

Barbados-Spain In 2022, Barbados exported $1.7M to Spain. The main products that Barbados exported to Spain were Alcohol > 80% ABV ($1.02M), Hard Liquor ($517k), and Railway Cargo Containers ($95.7k). During the last 27 years the exports of Barbados to Spain have increased at an annualized rate of 6.69%, from $296k in 1995 to $1.7M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8),  and 20 in total exports ($394B). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €551k and imported €17.9k from Barbados, resulting in a positive trade balance of €533k. Between January 2023 and January 2024 the exports of Spain have decreased by €-10.5k (-1.88%) from €561k to €551k, while imports increased by €2.36k (15.2%) from €15.5k to €17.9k.

Trade In January 2024, the top exports of Spain to Barbados were Raw Iron Bars (€228k), Commodities not elsewhere specified (€106k), Hot-Rolled Iron Bars (€60k), Audio Alarms (€38.2k), and Unglazed Ceramics (€26.9k). In January 2024 the top imports of Spain from Barbados were Hard Liquor (€7.18k), Railway Cargo Containers (€6.2k), Seats (€1.92k), Commodities not elsewhere specified (€134), and Electrical Resistors (€60.6).

Origins In January 2024 the exports of Spain were mainly from Vizcaya (€118k), Baleares (€89k), Castellón (€77.7k), Almería (€70.1k), and Barcelona (€69.9k), while imports destinations were mainly Valencia (€12.5k), Barcelona (€4.44k), Madrid (€694), and A Coruña (€31.4).

Growth In January 2024, the decrease in Spain's year-by-year exports to Barbados was explained primarily by an decrease in product exports in Hot-Rolled Iron Bars (€-882k or -93.6%), Cellulose Fibers Paper (€-64k or -73.3%), and Unglazed Ceramics (€-34k or -55.8%). In January 2024, the increase in Spain's year-by-year imports  from Barbados was explained primarily by an increase in product imports  in Hard Liquor (€6.52k or 985%) and Commodities not elsewhere specified (€57.5 or 75.3%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-10.5k(-1.88%)
IMPORT GROWTH (January 2023 - January 2024)€2.36k(15.2%)
MAIN EXPORTER (January 2024)Vizcaya€118k

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

To check Barbados and Spain 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 2022, Spain exported $19.4M to Barbados. The main products exported from Spain to Barbados were Hot-Rolled Iron Bars ($7.12M), Unglazed Ceramics ($1.53M), and Cellulose Fibers Paper ($1.32M). During the last 27 years the exports of Spain to Barbados have increased at an annualized rate of 8.93%, from $1.93M in 1995 to $19.4M in 2022.

In 2022, Barbados exported $1.7M to Spain. The main products exported from Barbados to Spain were Alcohol > 80% ABV ($1.02M), Hard Liquor ($517k), and Railway Cargo Containers ($95.7k). During the last 27 years the exports of Barbados to Spain have increased at an annualized rate of 6.69%, from $296k in 1995 to $1.7M in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Barbados
Top DestinationUnited States$88.6M

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

In 2021, countries that imported more from Spain than Barbados were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Barbados than Spain were Guyana ($29.7M), Saint Lucia ($20.8M), and Saint Vincent and the Grenadines ($14.1M).

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

Comparative Advantage Spain - Barbados

Flow
Scale

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

During 2022, Spain had a large net trade with Barbados in the exports of Metals ($9.81M), Machines ($2.72M), and Stone And Glass ($2.02M).

During 2022, Barbados had a large net trade with Spain in the exports of Foodstuffs ($1.53M), Transportation ($95.7k), and Instruments ($31k).

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

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

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