2023
Flag  
GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 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 
$1,224CURRENT US$
Rnk 174 / 195
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 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

Tanzania-Barbados Trade: In 2023, Tanzania exported $172 to Barbados. The main products that Tanzania exported to Barbados were Toilet Paper ($172). Over the past 5 years the exports of Tanzania to Barbados have decreased at an annualized rate of 63.4%, from $26.2k in 2018 to $172 in 2023.

In 2023, Tanzania did not export any services to Barbados.

Barbados-Tanzania Trade: In 2023, Barbados exported $24.8k to Tanzania. The main products that Barbados exported to Tanzania were Hard Liquor ($20.1k) and Synthetic Coloring Matter ($4.69k). Over the past 5 years the exports of Barbados to Tanzania have decreased at an annualized rate of 37.9%,  from $268k in 2018 to $24.8k in 2023.

In 2023, Barbados did not export any services to Tanzania.

Comparison In 2023,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13),  and 99 in total exports ($11.3B). That same year, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Tanzania exported $172 to Barbados. The main products exported from Tanzania to Barbados were Toilet Paper ($172). During the last 5 years the exports of Tanzania to Barbados have decreased at an annualized rate of 63.4%, from $26.2k in 2018 to $172 in 2023.

In 2018, Barbados exported $24.8k to Tanzania. The main products exported from Barbados to Tanzania were Hard Liquor ($20.1k) and Synthetic Coloring Matter ($4.69k). During the last 5 years the exports of Barbados to Tanzania have decreased at an annualized rate of 37.9%, from $268k in 2023 to $24.8k in 2018.

Exports from Tanzania (Flag) to Barbados (Flag) (2023)

Exports from Barbados (Flag) to Tanzania (Flag) (2023)

Latest Data

Trade between Tanzania (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Tanzania
Top Destination
India$1.74B
Barbados
Top Destination
United States$91M

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

In 2023, countries that imported more from Tanzania than Barbados included India ($1.74B), United Arab Emirates ($1.62B), and Uganda ($1.35B).

In 2023, countries that imported more from Barbados than Tanzania included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Guyana ($24.6M).

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

Comparative Advantage Tanzania - Barbados

Flow
Scale

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

During 2023, Tanzania had a large net trade with Barbados in the exports of Paper Goods ($172).

During 2018, Barbados had a large net trade with Tanzania in the exports of Foodstuffs ($20.1k) and Chemical Products ($4.69k).

Economic Complexity

Competitive Landscape

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

Product Space of Tanzania (Flag) and Barbados (Flag) (2023)

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