2022
Flag  
GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 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 
$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 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

Marshall Islands-Barbados Trade: In 2022, Marshall Islands exported $19.6k to Barbados. The main products that Marshall Islands exported to Barbados were Other Edible Preparations ($19.6k). Over the past 9 years the exports of Marshall Islands to Barbados have decreased at an annualized rate of 6.92%, from $37.4k in 2013 to $19.6k in 2022.

In 2022, Marshall Islands did not export any services to Barbados.

Barbados-Marshall Islands In N/A, Barbados did not export any products to Marshall Islands.

In 2022, Barbados did not export any services to Marshall Islands.

Comparison In 2022,  Marshall Islands ranked 160 in total exports ($1.1B). That same year, Barbados ranked 176 in total exports ($393M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $19.6k to Barbados. The main products exported from Marshall Islands to Barbados were Other Edible Preparations ($19.6k). During the last 9 years the exports of Marshall Islands to Barbados have decreased at an annualized rate of 6.92%, from $37.4k in 2013 to $19.6k in 2022.

Barbados does not register exports to Marshall Islands.

Exports from Marshall Islands (Flag) to Barbados (Flag) (2022)

Exports from Barbados (Flag) to Marshall Islands (Flag) (2022)

Latest Data

Trade between Marshall Islands (Flag) and Barbados (Flag)

Barbados Exports

Date

Market Competitiveness

Color
Marshall Islands
Top Destination
Germany$327M
Barbados
Top Destination
United States$88.6M

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

In 2022, countries that imported more from Marshall Islands than Barbados included Germany ($327M), Denmark ($159M), and United Kingdom ($158M).

In 2022, countries that imported more from Barbados than Marshall Islands included United States ($88.6M), Jamaica ($43.3M), and Trinidad and Tobago ($33.8M).

Difference in imports from Barbados (Flag) and Marshall Islands (Flag) (2022)

Comparative Advantage Marshall Islands - Barbados

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Barbados in the exports of Foodstuffs ($19.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Marshall Islands Barbados+N/AN/A
Top Product Potential Barbados Marshall Islands+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Marshall Islands (Flag) and Barbados (Flag) (2022)

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