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2022
Flag → Flag
Exports $565kRnk 158 / 191
2022
Flag → Flag
Top Product $484kSeed Oils
2022
Flag → Flag
Exports $473kRnk 46 / 139
2022
Flag → Flag
Top Product $472kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC $4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Ukraine-Barbados Trade: In 2022, Ukraine exported $565k to Barbados. The main products that Ukraine exported to Barbados were Seed Oils ($484k), Flavored Water ($36.7k), and Other Furniture ($11.1k). Over the past 5 years the exports of Ukraine to Barbados have increased at an annualized rate of 34%, from $131k in 2017 to $565k in 2022.

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

Barbados-Ukraine Trade: In 2022, Barbados exported $473k to Ukraine. The main products that Barbados exported to Ukraine were Hard Liquor ($472k), Awnings, Tents, and Sails ($988), and Electrical Resistors ($259). Over the past 5 years the exports of Barbados to Ukraine have increased at an annualized rate of 18%,  from $207k in 2017 to $473k in 2022.

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

Comparison In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5),  and 61 in total exports ($47.1B). 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, Ukraine exported $565k to Barbados. The main products exported from Ukraine to Barbados were Seed Oils ($484k), Flavored Water ($36.7k), and Other Furniture ($11.1k). During the last 5 years the exports of Ukraine to Barbados have increased at an annualized rate of 34%, from $131k in 2017 to $565k in 2022.

In 2017, Barbados exported $473k to Ukraine. The main products exported from Barbados to Ukraine were Hard Liquor ($472k), Awnings, Tents, and Sails ($988), and Electrical Resistors ($259). During the last 5 years the exports of Barbados to Ukraine have increased at an annualized rate of 18%, from $207k in 2022 to $473k in 2017.

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

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

Latest Data

Trade between Ukraine (Flag) and Barbados (Flag)

Ukraine Exports

Barbados Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$6.7B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Ukraine than Barbados included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

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

Comparative Advantage Ukraine - Barbados

Flow
Scale

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

During 2022, Ukraine had a large net trade with Barbados in the exports of Animal and Vegetable Bi-Products ($484k), Foodstuffs ($50.5k), and Miscellaneous ($11.1k).

During 2017, Barbados had a large net trade with Ukraine in the exports of Foodstuffs ($472k), Textiles ($1.22k), and Machines ($326).

Economic Complexity

Competitive Landscape

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

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

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