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2022
Flag → Flag
Exports $5.41kRnk 187 / 196
2022
Flag → Flag
Top Product $1.09kMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $4.6kRnk 121 / 139
2022
Flag → Flag
Top Product $3.67kOrthopedic Appliances
2022
Flag
Economic Complexity (ECI) ECI 1.03Rnk 26 / 133
2022
Flag  
GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
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GDP GROWTH68.2%CURRENT US$
Rnk 30 / 186
2022
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 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
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GDP PC $15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Romania-Barbados Trade: In 2022, Romania exported $5.41k to Barbados. The main products that Romania exported to Barbados were Motor vehicles; parts and accessories (8701 to 8705) ($1.09k), Other Plastic Products ($925), and Gaskets ($925). Over the past 5 years the exports of Romania to Barbados have decreased at an annualized rate of 37.3%, from $55.6k in 2017 to $5.41k in 2022.

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

Barbados-Romania Trade: In 2022, Barbados exported $4.6k to Romania. The main products that Barbados exported to Romania were Orthopedic Appliances ($3.67k), Other Animals ($740), and Brochures ($195). Over the past 5 years the exports of Barbados to Romania have decreased at an annualized rate of 50%,  from $147k in 2017 to $4.6k in 2022.

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

Comparison In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03),  and 43 in total exports ($99.5B). 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, Romania exported $5.41k to Barbados. The main products exported from Romania to Barbados were Motor vehicles; parts and accessories (8701 to 8705) ($1.09k), Other Plastic Products ($925), and Gaskets ($925). During the last 5 years the exports of Romania to Barbados have decreased at an annualized rate of 37.3%, from $55.6k in 2017 to $5.41k in 2022.

In 2017, Barbados exported $4.6k to Romania. The main products exported from Barbados to Romania were Orthopedic Appliances ($3.67k), Other Animals ($740), and Brochures ($195). During the last 5 years the exports of Barbados to Romania have decreased at an annualized rate of 50%, from $147k in 2022 to $4.6k in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Barbados (Flag)

Romania Exports

Barbados Exports

Market Competitiveness

Color
Romania
Top DestinationGermany$18.8B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Romania than Barbados included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

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

Comparative Advantage Romania - Barbados

Flow
Scale

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

During 2022, Romania had a large net trade with Barbados in the exports of Plastics and Rubbers ($1.72k), Machines ($1.27k), and Transportation ($1.09k).

During 2017, Barbados had a large net trade with Romania in the exports of Instruments ($3.67k), Animal Products ($740), and Paper Goods ($195).

Economic Complexity

Competitive Landscape

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

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

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