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-Bonaire Trade: In 2022, Barbados exported $17.2k to Bonaire. The main products that Barbados exported to Bonaire were Awnings, Tents, and Sails ($15.9k) and Padlocks ($1.28k). Over the past 5 years the exports of Barbados to Bonaire have decreased at an annualized rate of 5.49%, from $22.8k in 2017 to $17.2k in 2022.

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

Bonaire-Barbados Trade: In 2022, Bonaire exported $1.12k to Barbados. The main products that Bonaire exported to Barbados were Calculators ($681), Tea ($235), and Valves ($102). Over the past 5 years the exports of Bonaire to Barbados have decreased at an annualized rate of 15.3%,  from $2.57k in 2017 to $1.12k in 2022.

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

Comparison In 2022,  Barbados ranked 176 in total exports ($393M). That same year, Bonaire ranked 217 in total exports ($10.1M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $17.2k to Bonaire. The main products exported from Barbados to Bonaire were Awnings, Tents, and Sails ($15.9k) and Padlocks ($1.28k). During the last 5 years the exports of Barbados to Bonaire have decreased at an annualized rate of 5.49%, from $22.8k in 2017 to $17.2k in 2022.

In 2017, Bonaire exported $1.12k to Barbados. The main products exported from Bonaire to Barbados were Calculators ($681), Tea ($235), and Valves ($102). During the last 5 years the exports of Bonaire to Barbados have decreased at an annualized rate of 15.3%, from $2.57k in 2022 to $1.12k in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Bonaire (Flag)

Barbados Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Bonaire
Top Destination
France$4.33M

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

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

In 2022, countries that imported more from Bonaire than Barbados included Belgium ($2.28M), Lithuania ($4.43k), and Brunei ($68).

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

Comparative Advantage Barbados - Bonaire

Flow
Scale

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

During 2022, Barbados had a large net trade with Bonaire in the exports of Textiles ($15.9k) and Metals ($1.28k).

During 2017, Bonaire had a large net trade with Barbados in the exports of Machines ($783), Vegetable Products ($235), and Chemical Products ($99).

Economic Complexity

Competitive Landscape

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

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

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