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Flag → Flag
Exports $1.66kRnk 145 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.26Rnk 120 / 133
2022
Flag  
GDP$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH36.8%CURRENT US$
Rnk 90 / 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 $4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH12.4%CURRENT US$
Rnk 107 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

In N/A, Mongolia did not export any services to Barbados.

Barbados-Mongolia Trade: In N/A, Barbados exported $1.66k to Mongolia. The main products that Barbados exported to Mongolia were N/A. Over the past N/A years the exports of Barbados to Mongolia have decreased at an annualized rate of 44.2%,  from $30.8k in N/A to $1.66k in N/A.

In N/A, Barbados did not export any services to Mongolia.

Comparison In 2022,  Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26),  and 94 in total exports ($13.6B). 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

Mongolia does not register exports to Barbados.

In 2015, Barbados exported $1.66k to Mongolia. There were not main exports from Barbados to Mongolia in 2015. During the last 5 years the exports of Barbados to Mongolia have decreased at an annualized rate of 44.2%, from $30.8k in 2020 to $1.66k in 2015.

Exports from Mongolia (Flag) to Barbados (Flag) (2020)

Exports from Barbados (Flag) to Mongolia (Flag) (2020)

Latest Data

Trade between Mongolia (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Mongolia
Top DestinationChina$10.6B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Mongolia than Barbados included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

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

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

Comparative Advantage Mongolia - Barbados

Flow
Scale

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

During 2015, Barbados had a large net trade with Mongolia in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Mongolia (Flag) and Barbados (Flag) (2020)

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