Barbados (BRB) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Barbados-Colombia Trade: In 2022, Barbados exported $731k to Colombia. The main products that Barbados exported to Colombia were Petroleum Gas ($550k), Tool Sets ($56.7k), and Other Processed Fruits and Nuts ($54.5k). Over the past 5 years the exports of Barbados to Colombia have increased at an annualized rate of 17.1%, from $332k in 2017 to $731k in 2022.

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

Colombia-Barbados Trade: In 2022, Colombia exported $11.3M to Barbados. The main products that Colombia exported to Barbados were Aluminium Cans ($2.61M), Malt ($875k), and Raw Sugar ($789k). Over the past 5 years the exports of Colombia to Barbados have increased at an annualized rate of 12.1%, from $6.42M in 2017 to $11.3M in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Barbados exported $731k to Colombia. The main products exported from Barbados to Colombia were Petroleum Gas ($550k), Tool Sets ($56.7k), and Other Processed Fruits and Nuts ($54.5k). During the last 5 years the exports of Barbados to Colombia have increased at an annualized rate of 17.1%, from $332k in 2017 to $731k in 2022.

In 2017, Colombia exported $11.3M to Barbados. The main products exported from Colombia to Barbados were Aluminium Cans ($2.61M), Malt ($875k), and Raw Sugar ($789k). During the last 5 years the exports of Colombia to Barbados have increased at an annualized rate of 12.1%, from $6.42M in 2022 to $11.3M in 2017.

Exports from Barbados () to Colombia () (2022)

Exports from Colombia () to Barbados () (2022)

Latest Data

Trade between Barbados () and Colombia ()

Barbados Exports

Date

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Barbados
Top DestinationUnited States$88.6M

Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Barbados than Colombia included Saint Lucia ($20.8M), Saint Vincent and the Grenadines ($14.1M), and Grenada ($13.5M).

In 2022, countries that imported more from Colombia than Barbados included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

Difference in imports from Colombia () and Barbados () (2022)

Comparative Advantage Barbados - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Barbados had a large net trade with Colombia in the exports of Mineral Products ($555k), Metals ($56.7k), and Foodstuffs ($54.5k).

During 2017, Colombia had a large net trade with Barbados in the exports of Metals ($3.28M), Machines ($1.94M), and Plastics and Rubbers ($1.62M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Barbados () to Colombia () (2022)

Exports from Colombia () to Barbados () (2022)

Latest Data

Trade between Barbados () and Colombia ()

Barbados Exports

Colombia Exports

Market Competitiveness

Difference in imports from Colombia () and Barbados () (2022)

Comparative Advantage Barbados - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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