2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
Flag
GDP PC 
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 186

About

Barbados-Ethiopia Trade: In 2018, Barbados exported $387 to Ethiopia. The main products that Barbados exported to Ethiopia were N/A. Over the past 6 years the exports of Barbados to Ethiopia have decreased at an annualized rate of 42.4%, from $10.5k in 2012 to $387 in 2018.

In 2018, Barbados did not export any services to Ethiopia.

Ethiopia-Barbados Trade: In 2018, Ethiopia exported $7.15k to Barbados. The main products that Ethiopia exported to Barbados were N/A. Over the past 6 years the exports of Ethiopia to Barbados have increased at an annualized rate of 38.9%,  from $1.38k in 2012 to $7.15k in 2018.

In 2018, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Barbados exported $387 to Ethiopia. There were not main exports from Barbados to Ethiopia in 2018. During the last 6 years the exports of Barbados to Ethiopia have decreased at an annualized rate of 42.4%, from $10.5k in 2012 to $387 in 2018.

In 2016, Ethiopia exported $7.15k to Barbados. There were not main exports from Ethiopia to Barbados in 2016. During the last 5 years the exports of Ethiopia to Barbados have increased at an annualized rate of 38.9%, from $1.38k in 2021 to $7.15k in 2016.

Exports from Barbados (Flag) to Ethiopia (Flag) (2021)

Exports from Ethiopia (Flag) to Barbados (Flag) (2021)

Latest Data

Trade between Barbados (Flag) and Ethiopia (Flag)

Barbados Exports

Ethiopia Exports

Date

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Ethiopia
Top Destination
United Arab Emirates$723M

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

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

In 2022, countries that imported more from Ethiopia than Barbados included United Arab Emirates ($723M), United States ($557M), and Germany ($274M).

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

Comparative Advantage Barbados - Ethiopia

Flow
Scale

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

During 2018, Barbados had a large net trade with Ethiopia in the exports of .

During 2016, Ethiopia had a large net trade with Barbados in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Ethiopia (Flag) (2021)

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