2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC 
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186

About

Barbados-Albania Trade: In 2021, Barbados exported $7.73k to Albania. The main products that Barbados exported to Albania were N/A. Over the past 12 years the exports of Barbados to Albania have increased at an annualized rate of 4.64%, from $4.49k in 2009 to $7.73k in 2021.

In 2021, Barbados did not export any services to Albania.

Albania-Barbados Trade: In 2021, Albania exported $13.6k to Barbados. The main products that Albania exported to Barbados were N/A. Over the past 12 years the exports of Albania to Barbados have increased at an annualized rate of 5.3%,  from $10k in 2009 to $13.6k in 2021.

In 2021, Albania did not export any services to Barbados.

Comparison In 2022,  Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index. That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Barbados exported $7.73k to Albania. There were not main exports from Barbados to Albania in 2021. During the last 12 years the exports of Barbados to Albania have increased at an annualized rate of 4.64%, from $4.49k in 2009 to $7.73k in 2021.

In 2014, Albania exported $13.6k to Barbados. There were not main exports from Albania to Barbados in 2014. During the last 5 years the exports of Albania to Barbados have increased at an annualized rate of 5.3%, from $10k in 2019 to $13.6k in 2014.

Exports from Barbados (Flag) to Albania (Flag) (2021)

Exports from Albania (Flag) to Barbados (Flag) (2021)

Latest Data

Trade between Barbados (Flag) and Albania (Flag)

Barbados Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Albania
Top Destination
Italy$1.75B

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

In 2022, countries that imported more from Barbados than Albania included Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

In 2022, countries that imported more from Albania than Barbados included Italy ($1.75B), Greece ($421M), and Spain ($309M).

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

Comparative Advantage Barbados - Albania

Flow
Scale

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

During 2021, Barbados had a large net trade with Albania in the exports of .

During 2014, Albania had a large net trade with Barbados in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Albania (Flag) (2021)

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