2021
Flag  
GDP
$23.3TCURRENT US$
Rnk 1 / 204
2011-2021
Flag
GDP GROWTH
49.5%CURRENT US$
Rnk 51 / 204
2021
Flag
 GDP
$4.84BCURRENT US$
Rnk 161 / 204
2011-2021
Flag
GDP GROWTH
4%CURRENT US$
Rnk 156 / 204
2021
Flag
GDP PC 
$70,219CURRENT US$
Rnk 10 / 204
2011-2021
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 47 / 204
2021
Flag
GDP PC
$17,225CURRENT US$
Rnk 67 / 204
2011-2021
Flag
GDP PC GROWTH
1.88%CURRENT US$
Rnk 138 / 204

About

United States-Barbados In 2021, United States exported $702M to Barbados. The main products that United States exported to Barbados are Refined Petroleum ($179M), Computers ($26.9M), and Broadcasting Equipment ($20.3M). During the last 26 years the exports of United States to Barbados have increased at an annualized rate of 5.69%, from $166M in 1995 to $702M in 2021.

In 2021, United States did not export any services to Barbados.

Barbados-United States In 2021, Barbados exported $70.4M to United States. The main products that Barbados exported to United States were Hard Liquor ($22.1M), Jewellery ($8.4M), and Electrical Resistors ($5.09M). During the last 26 years the exports of Barbados to United States have increased at an annualized rate of 2.79%, from $34.5M in 1995 to $70.4M in 2021.

In 2021, Barbados did not export any services to United States.

Comparison In 2021,  United States ranked 10 in the Economic Complexity Index (ECI 1.46),  and 2 in total exports ($1.63T). That same year, Barbados ranked 171 in total exports ($357M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, United States exported $702M to Barbados. The main products exported from United States to Barbados were Refined Petroleum ($179M), Computers ($26.9M), and Broadcasting Equipment ($20.3M). During the last 26 years the exports of United States to Barbados have increased at an annualized rate of 5.69%, from $166M in 1995 to $702M in 2021.

In 2021, Barbados exported $70.4M to United States. The main products exported from Barbados to United States were Hard Liquor ($22.1M), Jewellery ($8.4M), and Electrical Resistors ($5.09M). During the last 26 years the exports of Barbados to United States have increased at an annualized rate of 2.79%, from $34.5M in 1995 to $70.4M in 2021.

Exports from United States (Flag) to Barbados (Flag) (2021)

Exports from Barbados (Flag) to United States (Flag) (2021)

Market Competitiveness

Color
United States
Top Destination
Canada$259B
Barbados
Top Destination
United States$70.4M

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

In 2021, countries that imported more from United States than Barbados were Canada ($259B), Mexico ($247B), and China ($151B).

In 2021, countries that imported more from Barbados than United States were North Korea ($198k) and Bonaire ($197k).

Difference in imports from Barbados (Flag) and United States (Flag) (2021)

Comparative Advantage United States - Barbados

Flow
Scale

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

During 2021, United States had a large net trade with Barbados in the exports of Mineral Products ($190M), Machines ($152M), and Chemical Products ($61.2M).

During 2021, Barbados had a large net trade with United States in the exports of Foodstuffs ($25.5M), Precious Metals ($9.6M), and Machines ($7.54M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Barbados. Similarly, the more yellow a dot/product is, the more Barbados has comparative advantage over United States.

Product Space of United States (Flag) and Barbados (Flag) (2021)

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