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2022
Flag → Flag
Exports $1.14kRnk 150 / 156
2022
Flag → Flag
Top Product $1.07kUsed Clothing
2022
Flag → Flag
Exports $86.1kRnk 78 / 139
2022
Flag → Flag
Top Product $49kAcyclic Alcohols
2022
Flag
Economic Complexity (ECI) ECI 0.44Rnk 46 / 133
2022
Flag  
GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH6.04%CURRENT US$
Rnk 152 / 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 $43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH-15.7%CURRENT US$
Rnk 166 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Kuwait-Barbados Trade: In 2022, Kuwait exported $1.14k to Barbados. The main products that Kuwait exported to Barbados were Used Clothing ($1.07k) and Optical Fibers and optical fibre bundles ($74). Over the past 11 years the exports of Kuwait to Barbados have increased at an annualized rate of 18.2%, from $181 in 2011 to $1.14k in 2022.

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

Barbados-Kuwait Trade: In 2022, Barbados exported $86.1k to Kuwait. The main products that Barbados exported to Kuwait were Acyclic Alcohols ($49k), Engine Parts ($15.2k), and Other Iron Products ($13k). Over the past 11 years the exports of Barbados to Kuwait have increased at an annualized rate of 193%,  from $396 in 2011 to $86.1k in 2022.

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

Comparison In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44),  and 42 in total exports ($101B). 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, Kuwait exported $1.14k to Barbados. The main products exported from Kuwait to Barbados were Used Clothing ($1.07k) and Optical Fibers and optical fibre bundles ($74). During the last 11 years the exports of Kuwait to Barbados have increased at an annualized rate of 18.2%, from $181 in 2011 to $1.14k in 2022.

In 2017, Barbados exported $86.1k to Kuwait. The main products exported from Barbados to Kuwait were Acyclic Alcohols ($49k), Engine Parts ($15.2k), and Other Iron Products ($13k). During the last 5 years the exports of Barbados to Kuwait have increased at an annualized rate of 193%, from $396 in 2022 to $86.1k in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Kuwait
Top DestinationChina$24.3B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Kuwait than Barbados included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

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

Comparative Advantage Kuwait - Barbados

Flow
Scale

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

During 2022, Kuwait had a large net trade with Barbados in the exports of Textiles ($1.07k) and Instruments ($74).

During 2017, Barbados had a large net trade with Kuwait in the exports of Chemical Products ($49k), Machines ($17.2k), and Metals ($15.8k).

Economic Complexity

Competitive Landscape

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

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

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