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2022
Flag → Flag
Exports $254kRnk 59 / 139
2022
Flag → Flag
Top Product $203kScrap Copper
2022
Flag → Flag
Exports $637kRnk 153 / 206
2022
Flag → Flag
Top Product $313kMedical Instruments
2022
Flag
Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH64%CURRENT US$
Rnk 37 / 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$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186

About

Barbados-Bulgaria Trade: In 2022, Barbados exported $254k to Bulgaria. The main products that Barbados exported to Bulgaria were Scrap Copper ($203k), Railway Cargo Containers ($50.2k), and Processed Tobacco ($1.38k). Over the past 5 years the exports of Barbados to Bulgaria have increased at an annualized rate of 63.4%, from $21.8k in 2017 to $254k in 2022.

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

Bulgaria-Barbados Trade: In 2022, Bulgaria exported $637k to Barbados. The main products that Bulgaria exported to Barbados were Medical Instruments ($313k), X-Ray Equipment ($111k), and Animal Food ($39.7k). Over the past 5 years the exports of Bulgaria to Barbados have increased at an annualized rate of 42.5%,  from $108k in 2017 to $637k in 2022.

In 2022, Bulgaria 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, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $254k to Bulgaria. The main products exported from Barbados to Bulgaria were Scrap Copper ($203k), Railway Cargo Containers ($50.2k), and Processed Tobacco ($1.38k). During the last 5 years the exports of Barbados to Bulgaria have increased at an annualized rate of 63.4%, from $21.8k in 2017 to $254k in 2022.

In 2017, Bulgaria exported $637k to Barbados. The main products exported from Bulgaria to Barbados were Medical Instruments ($313k), X-Ray Equipment ($111k), and Animal Food ($39.7k). During the last 5 years the exports of Bulgaria to Barbados have increased at an annualized rate of 42.5%, from $108k in 2012 to $637k in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Bulgaria (Flag)

Barbados Exports

Bulgaria Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Bulgaria
Top DestinationGermany$6.91B

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

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

In 2022, countries that imported more from Bulgaria than Barbados included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

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

Comparative Advantage Barbados - Bulgaria

Flow
Scale

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

During 2022, Barbados had a large net trade with Bulgaria in the exports of Metals ($203k), Transportation ($50.2k), and Foodstuffs ($1.38k).

During 2017, Bulgaria had a large net trade with Barbados in the exports of Instruments ($425k), Foodstuffs ($60.2k), and Stone And Glass ($41.6k).

Economic Complexity

Competitive Landscape

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

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

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