2023
Flag  
GDP
$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 8 / 195
2023
Flag
 GDP
$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH
25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC 
$597CURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP PC GROWTH
51.9%CURRENT US$
Rnk 45 / 195
2023
Flag
GDP PC
$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH
23.3%CURRENT US$
Rnk 93 / 195

About

Somalia-Barbados Trade: In 2019, Somalia exported $83 to Barbados. The main products that Somalia exported to Barbados were N/A. Over the past 15 years the exports of Somalia to Barbados have decreased at an annualized rate of 28.5%, from $12.7k in 2004 to $83 in 2019.

In 2019, Somalia did not export any services to Barbados.

Barbados-Somalia In false, Barbados did not export any products to Somalia.

In 2019, Barbados did not export any services to Somalia.

Comparison In 2023,  Somalia ranked 161 in total exports ($1.03B). That same year, Barbados ranked 171 in total exports ($421M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Somalia exported $83 to Barbados. There were not main exports from Somalia to Barbados in 2019. During the last 15 years the exports of Somalia to Barbados have decreased at an annualized rate of 28.5%, from $12.7k in 2004 to $83 in 2019.

Barbados does not register exports to Somalia.

Exports from Somalia (Flag) to Barbados (Flag) (2019)

Exports from Barbados (Flag) to Somalia (Flag) (2019)

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$360M
Barbados
Top Destination
United States$91M

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

In 2023, countries that imported more from Somalia than Barbados included United Arab Emirates ($360M), Saudi Arabia ($283M), and Oman ($180M).

In 2023, countries that imported more from Barbados than Somalia included United States ($91M), Jamaica ($71.2M), and Trinidad and Tobago ($33.7M).

Difference in imports from Barbados (Flag) and Somalia (Flag) (2023)

Comparative Advantage Somalia - Barbados

Flow
Scale

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

During 2019, Somalia had a large net trade with Barbados in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Somalia (Flag) and Barbados (Flag) (2019)

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