2023
Flag  
GDP
$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP GROWTH
18.5%CURRENT US$
Rnk 145 / 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 
$46,812CURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP PC GROWTH
10.2%CURRENT US$
Rnk 132 / 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

Andorra-Barbados Trade: In 2023, Andorra exported $1.4k to Barbados. The main products that Andorra exported to Barbados were Transmissions ($880), Boat Propellers ($405), and Ball Bearings ($73). Over the past 6 years the exports of Andorra to Barbados have decreased at an annualized rate of 40.2%, from $30.5k in 2017 to $1.4k in 2023.

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

Barbados-Andorra Trade: In 2023, Barbados exported $23k to Andorra. The main products that Barbados exported to Andorra were Hard Liquor ($23k). Over the past 6 years the exports of Barbados to Andorra have increased at an annualized rate of 1.5%,  from $21k in 2017 to $23k in 2023.

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

Comparison In 2023,  Andorra ranked 180 in total exports ($253M). 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, Andorra exported $1.4k to Barbados. The main products exported from Andorra to Barbados were Transmissions ($880), Boat Propellers ($405), and Ball Bearings ($73). During the last 6 years the exports of Andorra to Barbados have decreased at an annualized rate of 40.2%, from $30.5k in 2017 to $1.4k in 2023.

In 2018, Barbados exported $23k to Andorra. The main products exported from Barbados to Andorra were Hard Liquor ($23k). During the last 5 years the exports of Barbados to Andorra have increased at an annualized rate of 1.5%, from $21k in 2023 to $23k in 2018.

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

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

Latest Data

Trade between Andorra (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Andorra
Top Destination
Spain$99.1M
Barbados
Top Destination
United States$91M

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

In 2023, countries that imported more from Andorra than Barbados included Spain ($99.1M), France ($27.4M), and United Arab Emirates ($6.85M).

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

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

Comparative Advantage Andorra - Barbados

Flow
Scale

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

During 2023, Andorra had a large net trade with Barbados in the exports of Machines ($1.36k) and Instruments ($40).

During 2018, Barbados had a large net trade with Andorra in the exports of Foodstuffs ($23k).

Economic Complexity

Competitive Landscape

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

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

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