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2022
Flag → Flag
Exports $971Rnk 131 / 139
2022
Flag → Flag
Top Product $971Hard Liquor
2022
Flag → Flag
Exports $34.5MRnk 24 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 140 / 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$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186

About

Barbados-Azerbaijan Trade: In 2022, Barbados exported $971 to Azerbaijan. The main products that Barbados exported to Azerbaijan were Hard Liquor ($971). Over the past 6 years the exports of Barbados to Azerbaijan have decreased at an annualized rate of 50.8%, from $68.8k in 2016 to $971 in 2022.

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

Azerbaijan-Barbados In N/A, Azerbaijan did not export any products to Barbados.

In 2022, Azerbaijan 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, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $971 to Azerbaijan. The main products exported from Barbados to Azerbaijan were Hard Liquor ($971). During the last 6 years the exports of Barbados to Azerbaijan have decreased at an annualized rate of 50.8%, from $68.8k in 2016 to $971 in 2022.

Azerbaijan does not register exports to Barbados.

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

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

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Azerbaijan
Top DestinationItaly$18.3B

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

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

In 2022, countries that imported more from Azerbaijan than Barbados included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Comparative Advantage Barbados - Azerbaijan

Flow
Scale

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

During 2022, Barbados had a large net trade with Azerbaijan in the exports of Foodstuffs ($971).

Economic Complexity

Competitive Landscape

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

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

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