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2022
Flag → Flag
Exports $459kRnk 47 / 139
2022
Flag → Flag
Top Product $236kRailway Cargo Containers
2022
Flag → Flag
Exports $1.19MRnk 112 / 170
2022
Flag → Flag
Top Product $488kElectric Batteries
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 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$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Barbados-Ecuador Trade: In 2022, Barbados exported $459k to Ecuador. The main products that Barbados exported to Ecuador were Railway Cargo Containers ($236k), Ethylene Polymers ($164k), and Kaolin ($48.3k). Over the past 5 years the exports of Barbados to Ecuador have increased at an annualized rate of 40.2%, from $84.5k in 2017 to $459k in 2022.

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

Ecuador-Barbados Trade: In 2022, Ecuador exported $1.19M to Barbados. The main products that Ecuador exported to Barbados were Electric Batteries ($488k), Animal Food ($193k), and Unglazed Ceramics ($169k). Over the past 5 years the exports of Ecuador to Barbados have increased at an annualized rate of 6.13%,  from $885k in 2017 to $1.19M in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $459k to Ecuador. The main products exported from Barbados to Ecuador were Railway Cargo Containers ($236k), Ethylene Polymers ($164k), and Kaolin ($48.3k). During the last 5 years the exports of Barbados to Ecuador have increased at an annualized rate of 40.2%, from $84.5k in 2017 to $459k in 2022.

In 2017, Ecuador exported $1.19M to Barbados. The main products exported from Ecuador to Barbados were Electric Batteries ($488k), Animal Food ($193k), and Unglazed Ceramics ($169k). During the last 5 years the exports of Ecuador to Barbados have increased at an annualized rate of 6.13%, from $885k in 2022 to $1.19M in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Ecuador (Flag)

Barbados Exports

Ecuador Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Barbados than Ecuador included Guyana ($29.7M), Trinidad and Tobago ($33.8M), and Saint Lucia ($20.8M).

In 2022, countries that imported more from Ecuador than Barbados included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Barbados - Ecuador

Flow
Scale

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

During 2022, Barbados had a large net trade with Ecuador in the exports of Transportation ($236k), Plastics and Rubbers ($164k), and Mineral Products ($48.3k).

During 2017, Ecuador had a large net trade with Barbados in the exports of Machines ($492k), Stone And Glass ($225k), and Foodstuffs ($205k).

Economic Complexity

Competitive Landscape

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

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

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