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2023
Flag → Flag
Exports $267kRnk 40 / 114
2023
Flag → Flag
Top Product $186kTraffic Signals
2023
Flag → Flag
Exports $5.11MRnk 16 / 139
2023
Flag → Flag
Top Product $1.88MPackaged Medicaments
2023
Flag  
GDP$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
 GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC $35,897CURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 77 / 195
2023
Flag
GDP PC$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

Bahamas-Barbados Trade: In 2023, Bahamas exported $267k to Barbados. The main products that Bahamas exported to Barbados were Traffic Signals ($186k), Office Machine Parts ($21.6k), and Computers ($13k). Over the past 5 years the exports of Bahamas to Barbados have decreased at an annualized rate of 61.6%, from $32.1M in 2018 to $267k in 2023.

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

Barbados-Bahamas Trade: In 2023, Barbados exported $5.11M to Bahamas. The main products that Barbados exported to Bahamas were Packaged Medicaments ($1.88M), Pesticides ($924k), and Cars ($759k). Over the past 5 years the exports of Barbados to Bahamas have decreased at an annualized rate of 8.4%,  from $7.93M in 2018 to $5.11M in 2023.

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

Comparison In 2023,  Bahamas ranked 139 in total exports ($3.01B). 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, Bahamas exported $267k to Barbados. The main products exported from Bahamas to Barbados were Traffic Signals ($186k), Office Machine Parts ($21.6k), and Computers ($13k). During the last 5 years the exports of Bahamas to Barbados have decreased at an annualized rate of 61.6%, from $32.1M in 2018 to $267k in 2023.

In 2018, Barbados exported $5.11M to Bahamas. The main products exported from Barbados to Bahamas were Packaged Medicaments ($1.88M), Pesticides ($924k), and Cars ($759k). During the last 5 years the exports of Barbados to Bahamas have decreased at an annualized rate of 8.4%, from $7.93M in 2023 to $5.11M in 2018.

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

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

Latest Data

Trade between Bahamas (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Bahamas
Top DestinationUnited States$1.07B
Barbados
Top DestinationUnited States$91M

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

In 2023, countries that imported more from Bahamas than Barbados included United States ($1.07B), Zimbabwe ($469M), and Cote d'Ivoire ($418M).

In 2023, countries that imported more from Barbados than Bahamas included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Saint Lucia ($19.5M).

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

Comparative Advantage Bahamas - Barbados

Flow
Scale

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

During 2023, Bahamas had a large net trade with Barbados in the exports of Machines ($248k), Plastics and Rubbers ($11.1k), and Textiles ($1.97k).

During 2018, Barbados had a large net trade with Bahamas in the exports of Chemical Products ($3.23M), Transportation ($974k), and Foodstuffs ($538k).

Economic Complexity

Competitive Landscape

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

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

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