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2022
Flag → Flag
Exports $1.11MRnk 32 / 139
2022
Flag → Flag
Top Product $604kElectric Motor Parts
2022
Flag → Flag
Exports $6.71MRnk 150 / 218
2022
Flag → Flag
Top Product $1.22MElectric Motor Parts
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 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$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Barbados-Denmark Trade: In 2022, Barbados exported $1.11M to Denmark. The main products that Barbados exported to Denmark were Electric Motor Parts ($604k), Engine Parts ($172k), and Electric Soldering Equipment ($76.8k). Over the past 5 years the exports of Barbados to Denmark have increased at an annualized rate of 17.3%, from $499k in 2017 to $1.11M in 2022.

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

Denmark-Barbados Trade: In 2022, Denmark exported $6.71M to Barbados. The main products that Denmark exported to Barbados were Electric Motor Parts ($1.22M), Packaged Medicaments ($665k), and Gas Turbines ($594k). Over the past 5 years the exports of Denmark to Barbados have decreased at an annualized rate of 4.04%,  from $8.25M in 2017 to $6.71M in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $1.11M to Denmark. The main products exported from Barbados to Denmark were Electric Motor Parts ($604k), Engine Parts ($172k), and Electric Soldering Equipment ($76.8k). During the last 5 years the exports of Barbados to Denmark have increased at an annualized rate of 17.3%, from $499k in 2017 to $1.11M in 2022.

In 2017, Denmark exported $6.71M to Barbados. The main products exported from Denmark to Barbados were Electric Motor Parts ($1.22M), Packaged Medicaments ($665k), and Gas Turbines ($594k). During the last 5 years the exports of Denmark to Barbados have decreased at an annualized rate of 4.04%, from $8.25M in 2022 to $6.71M in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Denmark (Flag)

Barbados Exports

Denmark Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Denmark
Top DestinationGermany$18.9B

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

In 2022, countries that imported more from Barbados than Denmark included Jamaica ($43.3M), Guyana ($29.7M), and Saint Lucia ($20.8M).

In 2022, countries that imported more from Denmark than Barbados included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Comparative Advantage Barbados - Denmark

Flow
Scale

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

During 2022, Barbados had a large net trade with Denmark in the exports of Machines ($978k), Foodstuffs ($48.5k), and Instruments ($47.2k).

During 2017, Denmark had a large net trade with Barbados in the exports of Machines ($4.63M), Chemical Products ($851k), and Animal Products ($443k).

Economic Complexity

Competitive Landscape

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

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

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