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Pricing

2022
Flag → Flag
Exports $33.2MRnk 142 / 223
2022
Flag → Flag
Top Product $13.2MRefined Petroleum
2022
Flag → Flag
Exports $369kRnk 50 / 139
2022
Flag → Flag
Top Product $126kScrap Iron
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag  
GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 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 $8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Brazil-Barbados Trade: In 2022, Brazil exported $33.2M to Barbados. The main products that Brazil exported to Barbados were Refined Petroleum ($13.2M), Plywood ($3M), and Other Prepared Meat ($2.24M). Over the past 5 years the exports of Brazil to Barbados have increased at an annualized rate of 15.7%, from $16M in 2017 to $33.2M in 2022.

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

Barbados-Brazil Trade: In 2022, Barbados exported $369k to Brazil. The main products that Barbados exported to Brazil were Scrap Iron ($126k), Scrap Plastic ($98.9k), and Kaolin ($82.4k). Over the past 5 years the exports of Barbados to Brazil have decreased at an annualized rate of 3.93%,  from $451k in 2017 to $369k in 2022.

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

Comparison In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36),  and 25 in total exports ($341B). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, Brazil exported $3.27M and imported $8.29k from Barbados, resulting in a positive trade balance of $3.27M. Between September 2023 and September 2024 the exports of Brazil have increased by $1.28M (64.1%) from $2M to $3.27M, while imports decreased by $-23.4k (-73.8%) from $31.7k to $8.29k.

Trade In September 2024, the top exports of Brazil to Barbados were Refined Petroleum ($1.14M), Other Prepared Meat ($128k), Cereal Meal and Pellets ($124k), Uncoated Paper ($103k), and Rice ($99.5k). In September 2024 the top imports of Brazil from Barbados were Scrap Plastic ($54.1k), Hard Liquor ($3.37k), Other Aluminium Products ($377), and Aircraft parts including unmanned craft ($48).

Origins In September 2024 the exports of Brazil were mainly from Paraná ($1.66M), São Paulo ($1.06M), Santa Catarina ($337k), Ceará ($78.8k), and Rio Grande do Sul ($75.7k), while imports destinations were mainly Santa Catarina ($8.29k).

Growth In September 2024, the increase in Brazil's year-by-year exports to Barbados was explained primarily by an increase in product exports in Refined Petroleum ($314k or 37.8%), Cereal Meal and Pellets ($47.4k or 61.9%), and Uncoated Paper ($37.6k or 57.4%). In September 2024, the decrease in Brazil's year-by-year imports  from Barbados was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$1.28M(64.1%)
IMPORT GROWTH (September 2023 - September 2024)$-23.4k(-73.8%)
MAIN EXPORTER (September 2024)Paraná$1.66M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Barbados and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $33.2M to Barbados. The main products exported from Brazil to Barbados were Refined Petroleum ($13.2M), Plywood ($3M), and Other Prepared Meat ($2.24M). During the last 5 years the exports of Brazil to Barbados have increased at an annualized rate of 15.7%, from $16M in 2017 to $33.2M in 2022.

In 2017, Barbados exported $369k to Brazil. The main products exported from Barbados to Brazil were Scrap Iron ($126k), Scrap Plastic ($98.9k), and Kaolin ($82.4k). During the last 5 years the exports of Barbados to Brazil have decreased at an annualized rate of 3.93%, from $451k in 2022 to $369k in 2017.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Brazil than Barbados included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Barbados than Brazil included Saint Lucia ($20.8M), Saint Vincent and the Grenadines ($14.1M), and Saint Kitts and Nevis ($6.91M).

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

Comparative Advantage Brazil - Barbados

Flow
Scale

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

During 2022, Brazil had a large net trade with Barbados in the exports of Mineral Products ($13.2M), Wood Products ($3.62M), and Machines ($3.14M).

During 2017, Barbados had a large net trade with Brazil in the exports of Plastics and Rubbers ($131k), Metals ($129k), and Mineral Products ($82.4k).

Economic Complexity

Competitive Landscape

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

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

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