Barbados (BRB) and Bolivia (BOL) Trade | The Observatory of Economic Complexity

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Barbados-Bolivia Trade: In 2022, Barbados exported $654 to Bolivia. The main products that Barbados exported to Bolivia were N/A. Over the past 5 years the exports of Barbados to Bolivia have increased at an annualized rate of 21%, from $252 in 2017 to $654 in 2022.

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

Bolivia-Barbados Trade: In 2022, Bolivia exported $34.7k to Barbados. The main products that Bolivia exported to Barbados were N/A. Over the past 5 years the exports of Bolivia to Barbados have increased at an annualized rate of 12.4%, from $19.4k in 2017 to $34.7k in 2022.

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

Comparison In 2023, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index. That same year, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Barbados exported $654 to Bolivia. There were not main exports from Barbados to Bolivia in 2022. During the last 5 years the exports of Barbados to Bolivia have increased at an annualized rate of 21%, from $252 in 2017 to $654 in 2022.

In 2017, Bolivia exported $34.7k to Barbados. There were not main exports from Bolivia to Barbados in 2017. During the last 5 years the exports of Bolivia to Barbados have increased at an annualized rate of 12.4%, from $19.4k in 2022 to $34.7k in 2017.

Exports from Barbados () to Bolivia () (2022)

Exports from Bolivia () to Barbados () (2022)

Latest Data

Trade between Barbados () and Bolivia ()

Barbados Exports

Date

Bolivia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Barbados
Top DestinationUnited States$91M

Bolivia
Top DestinationBrazil$1.54B

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

In 2023, countries that imported more from Barbados than Bolivia included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Guyana ($24.6M).

In 2023, countries that imported more from Bolivia than Barbados included Brazil ($1.54B), India ($1.33B), and China ($1.21B).

Difference in imports from Bolivia () and Barbados () (2023)

Comparative Advantage Barbados - Bolivia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Barbados had a large net trade with Bolivia in the exports of .

During 2017, Bolivia had a large net trade with Barbados in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Barbados () to Bolivia () (2022)

Exports from Bolivia () to Barbados () (2022)

Latest Data

Trade between Barbados () and Bolivia ()

Barbados Exports

Bolivia Exports

Market Competitiveness

Difference in imports from Bolivia () and Barbados () (2023)

Comparative Advantage Barbados - Bolivia

Economic Complexity

Competitive Landscape

Product Space of Barbados () and Bolivia () (2022)

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