North Korea (PRK) and Barbados (BRB) Trade | The Observatory of Economic Complexity

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North Korea-Barbados Trade: In 2022, North Korea exported $1.74M to Barbados. The main products that North Korea exported to Barbados were Water and Gas Generators ($984k), Fork-Lifts ($166k), and Air Pumps ($103k). Over the past 5 years the exports of North Korea to Barbados have increased at an annualized rate of 22.6%, from $628k in 2017 to $1.74M in 2022.

In 2022, North Korea did not export any services to Barbados.

Barbados-North Korea Trade: In 2022, Barbados exported $62.3k to North Korea. The main products that Barbados exported to North Korea were Orthopedic Appliances ($62.1k), Precious Metal Watches ($123), and Jewellery ($62). Over the past 5 years the exports of Barbados to North Korea have increased at an annualized rate of 156%, from $221 in 2017 to $62.3k in 2022.

In 2022, Barbados did not export any services to North Korea.

Comparison In 2022, North Korea ranked 182 in total exports ($248M). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, North Korea exported $1.74M to Barbados. The main products exported from North Korea to Barbados were Water and Gas Generators ($984k), Fork-Lifts ($166k), and Air Pumps ($103k). During the last 5 years the exports of North Korea to Barbados have increased at an annualized rate of 22.6%, from $628k in 2017 to $1.74M in 2022.

In 2017, Barbados exported $62.3k to North Korea. The main products exported from Barbados to North Korea were Orthopedic Appliances ($62.1k), Precious Metal Watches ($123), and Jewellery ($62). During the last 5 years the exports of Barbados to North Korea have increased at an annualized rate of 156%, from $221 in 2022 to $62.3k in 2017.

Exports from North Korea () to Barbados () (2022)

Exports from Barbados () to North Korea () (2022)

Latest Data

Trade between North Korea () and Barbados ()

Barbados Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Korea
Top DestinationChina$131M

Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from North Korea than Barbados included China ($131M), Senegal ($26.9M), and Nigeria ($14M).

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

Difference in imports from Barbados () and North Korea () (2022)

Comparative Advantage North Korea - Barbados

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, North Korea had a large net trade with Barbados in the exports of Machines ($1.56M), Textiles ($75k), and Metals ($45.8k).

During 2017, Barbados had a large net trade with North Korea in the exports of Instruments ($62.2k) and Precious Metals ($62).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of North Korea and Barbados. This means that a dot/product with the flag of North Korea 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 Korea.

About

Historical Data

Bilateral Trade by Products

Exports from North Korea () to Barbados () (2022)

Exports from Barbados () to North Korea () (2022)

Latest Data

Trade between North Korea () and Barbados ()

Barbados Exports

Market Competitiveness

Difference in imports from Barbados () and North Korea () (2022)

Comparative Advantage North Korea - Barbados

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Korea () and Barbados () (2022)

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