2023
Flag  
GDP
$3.65BCURRENT US$
Rnk 165 / 195
2013-2023
Flag
GDP GROWTH
33.8%CURRENT US$
Rnk 105 / 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 
$33,985CURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP PC GROWTH
31.7%CURRENT US$
Rnk 74 / 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

Aruba-Barbados Trade: In 2023, Aruba exported $22.8k to Barbados. The main products that Aruba exported to Barbados were Medical Instruments ($14.2k), Video Recording Equipment ($5.56k), and Time Recording Instruments ($1.95k). Over the past 5 years the exports of Aruba to Barbados have increased at an annualized rate of 75.1%, from $1.38k in 2018 to $22.8k in 2023.

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

Barbados-Aruba Trade: In 2023, Barbados exported $534k to Aruba. The main products that Barbados exported to Aruba were Packaged Medicaments ($193k), Pesticides ($103k), and Paper Labels ($98.6k). Over the past 5 years the exports of Barbados to Aruba have decreased at an annualized rate of 7.8%,  from $802k in 2018 to $534k in 2023.

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

Comparison In 2023,  Aruba ranked 192 in total exports ($162M). 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 2023, Aruba exported $22.8k to Barbados. The main products exported from Aruba to Barbados were Medical Instruments ($14.2k), Video Recording Equipment ($5.56k), and Time Recording Instruments ($1.95k). During the last 5 years the exports of Aruba to Barbados have increased at an annualized rate of 75.1%, from $1.38k in 2018 to $22.8k in 2023.

In 2018, Barbados exported $534k to Aruba. The main products exported from Barbados to Aruba were Packaged Medicaments ($193k), Pesticides ($103k), and Paper Labels ($98.6k). During the last 5 years the exports of Barbados to Aruba have decreased at an annualized rate of 7.8%, from $802k in 2023 to $534k in 2018.

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

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

Latest Data

Trade between Aruba (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Aruba
Top Destination
Jordan$55.5M
Barbados
Top Destination
United States$91M

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

In 2023, countries that imported more from Aruba than Barbados included Jordan ($55.5M), Colombia ($51M), and Saudi Arabia ($6.24M).

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

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

Comparative Advantage Aruba - Barbados

Flow
Scale

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

During 2023, Aruba had a large net trade with Barbados in the exports of Instruments ($16.2k), Machines ($5.56k), and Metals ($587).

During 2018, Barbados had a large net trade with Aruba in the exports of Chemical Products ($311k), Paper Goods ($98.8k), and Textiles ($68.4k).

Economic Complexity

Competitive Landscape

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

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

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