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2021
Flag → Flag
Exports $14.8kRnk 198 / 0
2021
Flag → Flag
Exports $7.08kRnk 116 / 139
2021
Flag → Flag
Top Product $7.06kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 0.25Rnk 52 / 133
2022
Flag  
GDP$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH39.2%CURRENT US$
Rnk 84 / 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 $6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH39.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

North Macedonia-Barbados Trade: In 2021, North Macedonia exported $14.8k to Barbados. The main products that North Macedonia exported to Barbados were N/A. Over the past 7 years the exports of North Macedonia to Barbados have increased at an annualized rate of 125%, from $50 in 2014 to $14.8k in 2021.

In 2021, North Macedonia did not export any services to Barbados.

Barbados-North Macedonia Trade: In 2021, Barbados exported $7.08k to North Macedonia. The main products that Barbados exported to North Macedonia were Hard Liquor ($7.06k) and Self-adhesive Plastics ($21). Over the past 7 years the exports of Barbados to North Macedonia have decreased at an annualized rate of 15.7%,  from $16.6k in 2014 to $7.08k in 2021.

In 2021, Barbados did not export any services to North Macedonia.

Comparison In 2022,  North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25),  and 105 in total exports ($9.52B). 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 2021, North Macedonia exported $14.8k to Barbados. There were not main exports from North Macedonia to Barbados in 2021. During the last 7 years the exports of North Macedonia to Barbados have increased at an annualized rate of 125%, from $50 in 2014 to $14.8k in 2021.

In 2017, Barbados exported $7.08k to North Macedonia. The main products exported from Barbados to North Macedonia were Hard Liquor ($7.06k) and Self-adhesive Plastics ($21). During the last 5 years the exports of Barbados to North Macedonia have decreased at an annualized rate of 15.7%, from $16.6k in 2022 to $7.08k in 2017.

Exports from North Macedonia (Flag) to Barbados (Flag) (2022)

Exports from Barbados (Flag) to North Macedonia (Flag) (2022)

Latest Data

Trade between North Macedonia (Flag) and Barbados (Flag)

North Macedonia Exports

Date

Market Competitiveness

Color
North Macedonia
Top DestinationGermany$3.96B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from North Macedonia than Barbados included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

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

Difference in imports from Barbados (Flag) and North Macedonia (Flag) (2022)

Comparative Advantage North Macedonia - Barbados

Flow
Scale

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

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

During 2017, Barbados had a large net trade with North Macedonia in the exports of Foodstuffs ($7.06k) and Plastics and Rubbers ($21).

Economic Complexity

Competitive Landscape

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

Product Space of North Macedonia (Flag) and Barbados (Flag) (2022)

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