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 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 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
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Barbados-Burkina Faso In 2018, Barbados exported $24 to Burkina Faso. The main products that Barbados exported to Burkina Faso are N/A. During the last 14 years the exports of Barbados to Burkina Faso have decreased at an annualized rate of 33.4%, from $7.18k in 2004 to $24 in 2018.

In 2018, Barbados did not export any services to Burkina Faso.

Burkina Faso-Barbados In 2018, Burkina Faso exported $49 to Barbados. The main products that Burkina Faso exported to Barbados were N/A. During the last 14 years the exports of Burkina Faso to Barbados have decreased at an annualized rate of 44.6%, from $191k in 2004 to $49 in 2018.

In 2018, Burkina Faso 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, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Barbados exported $24 to Burkina Faso. There were not main exports from Barbados to Burkina Faso in 2018. During the last 14 years the exports of Barbados to Burkina Faso have decreased at an annualized rate of 33.4%, from $7.18k in 2004 to $24 in 2018.

In 2014, Burkina Faso exported $49 to Barbados. There were not main exports from Burkina Faso to Barbados in 2014. During the last 8 years the exports of Burkina Faso to Barbados have decreased at an annualized rate of 44.6%, from $191k in 2006 to $49 in 2014.

Exports from Barbados (Flag) to Burkina Faso (Flag) (2018)

Exports from Burkina Faso (Flag) to Barbados (Flag) (2018)

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Burkina Faso
Top Destination
Switzerland$6.08B

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

In 2021, countries that imported more from Barbados than Burkina Faso were Jamaica ($43.3M), United States ($88.6M), and Trinidad and Tobago ($33.8M).

In 2021, countries that imported more from Burkina Faso than Barbados were Switzerland ($6.08B), United Arab Emirates ($538M), and Mali ($304M).

Difference in imports from Burkina Faso (Flag) and Barbados (Flag) (2022)

Comparative Advantage Barbados - Burkina Faso

Flow
Scale

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

During 2018, Barbados had a large net trade with Burkina Faso in the exports of .

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Barbados has comparative advantage over Burkina Faso. Similarly, the more yellow a dot/product is, the more Burkina Faso has comparative advantage over Barbados.

Product Space of Barbados (Flag) and Burkina Faso (Flag) (2018)

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