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2022
Flag → Flag
Exports $2.07MRnk 22 / 139
2022
Flag → Flag
Top Product $2.07MHard Liquor
2022
Flag → Flag
Exports $2.86MRnk 156 / 217
2022
Flag → Flag
Top Product $1.4MVideo and Card Games
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC $20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

Barbados-Austria Trade: In 2022, Barbados exported $2.07M to Austria. The main products that Barbados exported to Austria were Hard Liquor ($2.07M), Other Ceramic Articles ($730), and Office Machine Parts ($334). Over the past 5 years the exports of Barbados to Austria have increased at an annualized rate of 25.1%, from $675k in 2017 to $2.07M in 2022.

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

Austria-Barbados Trade: In 2022, Austria exported $2.86M to Barbados. The main products that Austria exported to Barbados were Video and Card Games ($1.4M), Kaolin Coated Paper ($434k), and Chemical Analysis Instruments ($190k). Over the past 5 years the exports of Austria to Barbados have increased at an annualized rate of 19.2%,  from $1.19M in 2017 to $2.86M in 2022.

In 2022, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $2.07M to Austria. The main products exported from Barbados to Austria were Hard Liquor ($2.07M), Other Ceramic Articles ($730), and Office Machine Parts ($334). During the last 5 years the exports of Barbados to Austria have increased at an annualized rate of 25.1%, from $675k in 2017 to $2.07M in 2022.

In 2017, Austria exported $2.86M to Barbados. The main products exported from Austria to Barbados were Video and Card Games ($1.4M), Kaolin Coated Paper ($434k), and Chemical Analysis Instruments ($190k). During the last 5 years the exports of Austria to Barbados have increased at an annualized rate of 19.2%, from $1.19M in 2022 to $2.86M in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Austria (Flag)

Barbados Exports

Austria Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Austria
Top DestinationGermany$57.7B

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

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

In 2022, countries that imported more from Austria than Barbados included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

Comparative Advantage Barbados - Austria

Flow
Scale

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

During 2022, Barbados had a large net trade with Austria in the exports of Foodstuffs ($2.07M), Machines ($744), and Stone And Glass ($730).

During 2017, Austria had a large net trade with Barbados in the exports of Miscellaneous ($1.41M), Paper Goods ($567k), and Chemical Products ($215k).

Economic Complexity

Competitive Landscape

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

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

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