2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 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 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 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

India-Barbados In 2022, India exported $22.2M to Barbados. The main products that India exported to Barbados are Cars ($8.35M), Packaged Medicaments ($2.39M), and Coated Flat-Rolled Iron ($2.31M). During the last 27 years the exports of India to Barbados have increased at an annualized rate of 17.3%, from $297k in 1995 to $22.2M in 2022.

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

Barbados-India In 2022, Barbados exported $1.29M to India. The main products that Barbados exported to India were Industrial Fatty Acids, Oils and Alcohols ($525k), Scrap Iron ($352k), and Electrical Parts ($215k). During the last 27 years the exports of Barbados to India have increased at an annualized rate of 15.3%, from $27.9k in 1995 to $1.29M in 2022.

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

Comparison In 2022,  India ranked 42 in the Economic Complexity Index (ECI 0.57),  and 15 in total exports ($468B). 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, India exported $22.2M to Barbados. The main products exported from India to Barbados were Cars ($8.35M), Packaged Medicaments ($2.39M), and Coated Flat-Rolled Iron ($2.31M). During the last 27 years the exports of India to Barbados have increased at an annualized rate of 17.3%, from $297k in 1995 to $22.2M in 2022.

In 2022, Barbados exported $1.29M to India. The main products exported from Barbados to India were Industrial Fatty Acids, Oils and Alcohols ($525k), Scrap Iron ($352k), and Electrical Parts ($215k). During the last 25 years the exports of Barbados to India have increased at an annualized rate of 15.3%, from $27.9k in 1997 to $1.29M in 2022.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Barbados
Top Destination
United States$88.6M

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

In 2021, countries that imported more from India than Barbados were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2021, countries that imported more from Barbados than India were Saint Lucia ($20.8M), Saint Vincent and the Grenadines ($14.1M), and Grenada ($13.5M).

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

Comparative Advantage India - Barbados

Flow
Scale

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

During 2022, India had a large net trade with Barbados in the exports of Transportation ($9.51M), Metals ($4.47M), and Chemical Products ($3.79M).

During 2022, Barbados had a large net trade with India in the exports of Chemical Products ($525k), Metals ($470k), and Machines ($215k).

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

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

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