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2022
Flag → Flag
Exports $630Rnk 135 / 139
2022
Flag → Flag
Top Product $568Amine Compounds
2022
Flag → Flag
Exports $34.7kRnk 116 / 146
2022
Flag → Flag
Top Product $34.7kSawn Wood
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 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$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186

About

Barbados-Bolivia Trade: In 2022, Barbados exported $630 to Bolivia. The main products that Barbados exported to Bolivia were Amine Compounds ($568) and Motor vehicles; parts and accessories (8701 to 8705) ($62). Over the past 5 years the exports of Barbados to Bolivia have increased at an annualized rate of 20.1%, from $252 in 2017 to $630 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 Sawn Wood ($34.7k). Over the past 5 years the exports of Bolivia to Barbados have increased at an annualized rate of 12.4%,  from $19.3k in 2017 to $34.7k in 2022.

In 2022, Bolivia 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, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $630 to Bolivia. The main products exported from Barbados to Bolivia were Amine Compounds ($568) and Motor vehicles; parts and accessories (8701 to 8705) ($62). During the last 5 years the exports of Barbados to Bolivia have increased at an annualized rate of 20.1%, from $252 in 2017 to $630 in 2022.

In 2017, Bolivia exported $34.7k to Barbados. The main products exported from Bolivia to Barbados were Sawn Wood ($34.7k). During the last 5 years the exports of Bolivia to Barbados have increased at an annualized rate of 12.4%, from $19.3k in 2022 to $34.7k in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Bolivia (Flag)

Barbados Exports

Bolivia Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Bolivia
Top DestinationIndia$2.27B

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

In 2022, countries that imported more from Bolivia than Barbados included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

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

Comparative Advantage Barbados - Bolivia

Flow
Scale

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 Chemical Products ($568) and Transportation ($62).

During 2017, Bolivia had a large net trade with Barbados in the exports of Wood Products ($34.7k).

Economic Complexity

Competitive Landscape

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.

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

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