Ghana (GHA) and Barbados (BRB) Trade | The Observatory of Economic Complexity

About

Ghana-Barbados Trade: In 2022, Ghana exported $65.7k to Barbados. The main products that Ghana exported to Barbados were Prefabricated Buildings ($39.5k), Other Furniture ($6.16k), and Non-Knit Women's Suits ($3.41k). Over the past 5 years the exports of Ghana to Barbados have decreased at an annualized rate of 26.2%, from $301k in 2017 to $65.7k in 2022.

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

Barbados-Ghana Trade: In 2022, Barbados exported $18.7k to Ghana. The main products that Barbados exported to Ghana were Hard Liquor ($15.7k), Flavored Water ($2.81k), and Animal Food ($49). Over the past 5 years the exports of Barbados to Ghana have increased at an annualized rate of 102%, from $562 in 2017 to $18.7k in 2022.

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

Comparison In 2022, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B). 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 2022, Ghana exported $65.7k to Barbados. The main products exported from Ghana to Barbados were Prefabricated Buildings ($39.5k), Other Furniture ($6.16k), and Non-Knit Women's Suits ($3.41k). During the last 5 years the exports of Ghana to Barbados have decreased at an annualized rate of 26.2%, from $301k in 2017 to $65.7k in 2022.

In 2017, Barbados exported $18.7k to Ghana. The main products exported from Barbados to Ghana were Hard Liquor ($15.7k), Flavored Water ($2.81k), and Animal Food ($49). During the last 5 years the exports of Barbados to Ghana have increased at an annualized rate of 102%, from $562 in 2022 to $18.7k in 2017.

Exports from Ghana () to Barbados () (2022)

Exports from Barbados () to Ghana () (2022)

Latest Data

Trade between Ghana () and Barbados ()

Ghana Exports

Date

Barbados Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Ghana than Barbados included United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

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

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

Comparative Advantage Ghana - Barbados

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ghana had a large net trade with Barbados in the exports of Miscellaneous ($46.7k), Textiles ($8.41k), and Animal Hides ($2.45k).

During 2017, Barbados had a large net trade with Ghana in the exports of Foodstuffs ($18.6k), Paper Goods ($31), and Mineral Products ($24).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Barbados () (2022)

Exports from Barbados () to Ghana () (2022)

Latest Data

Trade between Ghana () and Barbados ()

Ghana Exports

Barbados Exports

Market Competitiveness

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

Comparative Advantage Ghana - Barbados

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring