2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC 
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186

About

Barbados-Aruba Trade: In 2022, Barbados exported $365k to Aruba. The main products that Barbados exported to Aruba were Packaged Medicaments ($263k), Paper Labels ($62.6k), and Awnings, Tents, and Sails ($18.4k). Over the past 5 years the exports of Barbados to Aruba have decreased at an annualized rate of 23.9%, from $1.43M in 2017 to $365k in 2022.

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

Aruba-Barbados Trade: In 2022, Aruba exported $19.9k to Barbados. The main products that Aruba exported to Barbados were Broadcasting Equipment ($6.07k), Nonaqueous Paints ($4.81k), and Video Displays ($3.15k). Over the past 5 years the exports of Aruba to Barbados have increased at an annualized rate of 4.92%,  from $15.7k in 2017 to $19.9k in 2022.

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

Comparison In 2022,  Barbados ranked 176 in total exports ($393M). That same year, Aruba ranked 194 in total exports ($123M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $365k to Aruba. The main products exported from Barbados to Aruba were Packaged Medicaments ($263k), Paper Labels ($62.6k), and Awnings, Tents, and Sails ($18.4k). During the last 5 years the exports of Barbados to Aruba have decreased at an annualized rate of 23.9%, from $1.43M in 2017 to $365k in 2022.

In 2017, Aruba exported $19.9k to Barbados. The main products exported from Aruba to Barbados were Broadcasting Equipment ($6.07k), Nonaqueous Paints ($4.81k), and Video Displays ($3.15k). During the last 5 years the exports of Aruba to Barbados have increased at an annualized rate of 4.92%, from $15.7k in 2022 to $19.9k in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Aruba (Flag)

Barbados Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Aruba
Top Destination
Colombia$49M

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

In 2022, countries that imported more from Barbados than Aruba included United States ($88.6M), Jamaica ($43.3M), and Trinidad and Tobago ($33.8M).

In 2022, countries that imported more from Aruba than Barbados included Colombia ($49M), Jordan ($13.2M), and Netherlands ($7.27M).

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

Comparative Advantage Barbados - Aruba

Flow
Scale

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

During 2022, Barbados had a large net trade with Aruba in the exports of Chemical Products ($263k), Paper Goods ($62.6k), and Textiles ($18.4k).

During 2017, Aruba had a large net trade with Barbados in the exports of Machines ($11.3k), Chemical Products ($4.81k), and Metals ($2.7k).

Economic Complexity

Competitive Landscape

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

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

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