2022
Flag  
GDP
$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
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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 
$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH
10%CURRENT US$
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2022
Flag
GDP PC
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186

About

Peru-Barbados Trade: In 2022, Peru exported $2.22M to Barbados. The main products that Peru exported to Barbados were Raw Plastic Sheeting ($842k), Brochures ($271k), and Fish Fillets ($240k). Over the past 5 years the exports of Peru to Barbados have increased at an annualized rate of 1.54%, from $2.05M in 2017 to $2.22M in 2022.

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

Barbados-Peru Trade: In 2022, Barbados exported $3.08k to Peru. The main products that Barbados exported to Peru were Electric Filament ($3.01k) and Hard Liquor ($72). Over the past 5 years the exports of Barbados to Peru have decreased at an annualized rate of 45.1%,  from $61.6k in 2017 to $3.08k in 2022.

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

Comparison In 2022,  Peru ranked 93 in the Economic Complexity Index (ECI -0.6),  and 54 in total exports ($59.4B). 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, Peru exported $2.22M to Barbados. The main products exported from Peru to Barbados were Raw Plastic Sheeting ($842k), Brochures ($271k), and Fish Fillets ($240k). During the last 5 years the exports of Peru to Barbados have increased at an annualized rate of 1.54%, from $2.05M in 2017 to $2.22M in 2022.

In 2017, Barbados exported $3.08k to Peru. The main products exported from Barbados to Peru were Electric Filament ($3.01k) and Hard Liquor ($72). During the last 5 years the exports of Barbados to Peru have decreased at an annualized rate of 45.1%, from $61.6k in 2022 to $3.08k in 2017.

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

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

Latest Data

Trade between Peru (Flag) and Barbados (Flag)

Peru Exports

Barbados Exports

Market Competitiveness

Color
Peru
Top Destination
China$17.6B
Barbados
Top Destination
United States$88.6M

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

In 2022, countries that imported more from Peru than Barbados included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

In 2022, countries that imported more from Barbados than Peru included Jamaica ($43.3M), Guyana ($29.7M), and Saint Lucia ($20.8M).

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

Comparative Advantage Peru - Barbados

Flow
Scale

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

During 2022, Peru had a large net trade with Barbados in the exports of Plastics and Rubbers ($982k), Animal Products ($450k), and Paper Goods ($271k).

During 2017, Barbados had a large net trade with Peru in the exports of Machines ($3.01k) and Foodstuffs ($72).

Economic Complexity

Competitive Landscape

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

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

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