Georgia (GEO) and Barbados (BRB) Trade | The Observatory of Economic Complexity

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Georgia-Barbados Trade: In 2021, Georgia exported $64.9k to Barbados. The main products that Georgia exported to Barbados were N/A. Over the past 5 years the exports of Georgia to Barbados have decreased at an annualized rate of 5.51%, from $86.2k in 2016 to $64.9k in 2021.

In 2021, Georgia did not export any services to Barbados.

Barbados-Georgia Trade: In 2021, Barbados exported $4.13k to Georgia. The main products that Barbados exported to Georgia were Rolled Tobacco ($3.42k) and Hard Liquor ($713). Over the past 5 years the exports of Barbados to Georgia have decreased at an annualized rate of 15.4%, from $9.55k in 2016 to $4.13k in 2021.

In 2021, Barbados did not export any services to Georgia.

Comparison In 2022, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Georgia exported $64.9k to Barbados. There were not main exports from Georgia to Barbados in 2021. During the last 5 years the exports of Georgia to Barbados have decreased at an annualized rate of 5.51%, from $86.2k in 2016 to $64.9k in 2021.

In 2017, Barbados exported $4.13k to Georgia. The main products exported from Barbados to Georgia were Rolled Tobacco ($3.42k) and Hard Liquor ($713). During the last 5 years the exports of Barbados to Georgia have decreased at an annualized rate of 15.4%, from $9.55k in 2022 to $4.13k in 2017.

Exports from Georgia () to Barbados () (2022)

Exports from Barbados () to Georgia () (2022)

Latest Data

Trade between Georgia () and Barbados ()

Barbados Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationChina$759M

Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Georgia than Barbados included China ($759M), Azerbaijan ($668M), and Russia ($642M).

In 2022, countries that imported more from Barbados than Georgia included Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

Difference in imports from Barbados () and Georgia () (2022)

Comparative Advantage Georgia - Barbados

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Georgia had a large net trade with Barbados in the exports of .

During 2017, Barbados had a large net trade with Georgia in the exports of Foodstuffs ($4.13k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Georgia () to Barbados () (2022)

Exports from Barbados () to Georgia () (2022)

Latest Data

Trade between Georgia () and Barbados ()

Barbados Exports

Market Competitiveness

Difference in imports from Barbados () and Georgia () (2022)

Comparative Advantage Georgia - Barbados

Economic Complexity

Competitive Landscape

Product Space of Georgia () and Barbados () (2022)

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