2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC 
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186

About

Barbados-Curaçao Trade: In 2022, Barbados exported $2.8M to Curaçao. The main products that Barbados exported to Curaçao were Pesticides ($730k), Hard Liquor ($682k), and Packaged Medicaments ($567k). Over the past 5 years the exports of Barbados to Curaçao have decreased at an annualized rate of 3.44%, from $3.34M in 2017 to $2.8M in 2022.

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

Curaçao-Barbados Trade: In 2022, Curaçao exported $3.12M to Barbados. The main products that Curaçao exported to Barbados were Pesticides ($238k), Non-Knit Men's Undergarments ($231k), and Plastic Pipes ($226k). Over the past 5 years the exports of Curaçao to Barbados have increased at an annualized rate of 7.12%,  from $2.21M in 2017 to $3.12M in 2022.

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

Comparison In 2022,  Barbados ranked 176 in total exports ($393M). That same year, Curaçao ranked 181 in total exports ($255M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $2.8M to Curaçao. The main products exported from Barbados to Curaçao were Pesticides ($730k), Hard Liquor ($682k), and Packaged Medicaments ($567k). During the last 5 years the exports of Barbados to Curaçao have decreased at an annualized rate of 3.44%, from $3.34M in 2017 to $2.8M in 2022.

In 2017, Curaçao exported $3.12M to Barbados. The main products exported from Curaçao to Barbados were Pesticides ($238k), Non-Knit Men's Undergarments ($231k), and Plastic Pipes ($226k). During the last 5 years the exports of Curaçao to Barbados have increased at an annualized rate of 7.12%, from $2.21M in 2022 to $3.12M in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Curaçao (Flag)

Barbados Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Curaçao
Top Destination
United States$43.3M

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

In 2022, countries that imported more from Barbados than Curaçao included United States ($88.6M), Jamaica ($43.3M), and Trinidad and Tobago ($33.8M).

In 2022, countries that imported more from Curaçao than Barbados included Costa Rica ($40.8M), India ($22.5M), and Guatemala ($18.2M).

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

Comparative Advantage Barbados - Curaçao

Flow
Scale

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

During 2022, Barbados had a large net trade with Curaçao in the exports of Chemical Products ($1.32M), Foodstuffs ($770k), and Plastics and Rubbers ($359k).

During 2017, Curaçao had a large net trade with Barbados in the exports of Textiles ($1.08M), Chemical Products ($793k), and Plastics and Rubbers ($329k).

Economic Complexity

Competitive Landscape

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

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

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