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2022
Flag → Flag
Exports $273kRnk 58 / 139
2022
Flag → Flag
Top Product $263kHard Liquor
2022
Flag → Flag
Exports $48.4kRnk 168 / 188
2022
Flag → Flag
Top Product $27.7kCalculators
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH65.5%CURRENT US$
Rnk 34 / 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$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186

About

Barbados-Estonia Trade: In 2022, Barbados exported $273k to Estonia. The main products that Barbados exported to Estonia were Hard Liquor ($263k), Electrical Resistors ($7.35k), and Knit Women's Suits ($601). Over the past 5 years the exports of Barbados to Estonia have decreased at an annualized rate of 3.1%, from $319k in 2017 to $273k in 2022.

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

Estonia-Barbados Trade: In 2022, Estonia exported $48.4k to Barbados. The main products that Estonia exported to Barbados were Calculators ($27.7k), Motor vehicles; parts and accessories (8701 to 8705) ($6.93k), and Non-Knit Active Wear ($4.24k). Over the past 5 years the exports of Estonia to Barbados have increased at an annualized rate of 1.51%,  from $44.9k in 2017 to $48.4k in 2022.

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

Comparison In 2022,  Barbados ranked 176 in total exports ($393M). That same year, Estonia ranked 74 in total exports ($23.1B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $273k to Estonia. The main products exported from Barbados to Estonia were Hard Liquor ($263k), Electrical Resistors ($7.35k), and Knit Women's Suits ($601). During the last 5 years the exports of Barbados to Estonia have decreased at an annualized rate of 3.1%, from $319k in 2017 to $273k in 2022.

In 2017, Estonia exported $48.4k to Barbados. The main products exported from Estonia to Barbados were Calculators ($27.7k), Motor vehicles; parts and accessories (8701 to 8705) ($6.93k), and Non-Knit Active Wear ($4.24k). During the last 5 years the exports of Estonia to Barbados have increased at an annualized rate of 1.51%, from $44.9k in 2022 to $48.4k in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Estonia (Flag)

Barbados Exports

Estonia Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Estonia
Top DestinationFinland$3B

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

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

In 2022, countries that imported more from Estonia than Barbados included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Barbados - Estonia

Flow
Scale

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

During 2022, Barbados had a large net trade with Estonia in the exports of Foodstuffs ($263k), Machines ($7.41k), and Textiles ($1.88k).

During 2017, Estonia had a large net trade with Barbados in the exports of Machines ($33.3k), Transportation ($6.93k), and Textiles ($6.22k).

Economic Complexity

Competitive Landscape

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

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

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