Barbados (BRB) and Georgia (GEO) Trade | The Observatory of Economic Complexity

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Barbados-Georgia Trade: In 2022, Barbados exported $4.13k to Georgia. The main products that Barbados exported to Georgia were Rolled Tobacco ($3.42k) and Hard Liquor ($713). Over the past 7 years the exports of Barbados to Georgia have decreased at an annualized rate of 17.9%, from $16.4k in 2015 to $4.13k in 2022.

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

Georgia-Barbados Trade: In 2022, Georgia exported $64.9k to Barbados. The main products that Georgia exported to Barbados were N/A. Over the past 7 years the exports of Georgia to Barbados have decreased at an annualized rate of 5.51%, from $86.2k in 2015 to $64.9k in 2022.

In 2022, Georgia 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, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Barbados exported $4.13k to Georgia. The main products exported from Barbados to Georgia were Rolled Tobacco ($3.42k) and Hard Liquor ($713). During the last 7 years the exports of Barbados to Georgia have decreased at an annualized rate of 17.9%, from $16.4k in 2015 to $4.13k in 2022.

In 2016, Georgia exported $64.9k to Barbados. There were not main exports from Georgia to Barbados in 2016. During the last 5 years the exports of Georgia to Barbados have decreased at an annualized rate of 5.51%, from $86.2k in 2021 to $64.9k in 2016.

Exports from Barbados () to Georgia () (2022)

Exports from Georgia () to Barbados () (2022)

Latest Data

Trade between Barbados () and Georgia ()

Barbados Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Barbados
Top DestinationUnited States$88.6M

Georgia
Top DestinationChina$759M

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

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

In 2022, countries that imported more from Georgia than Barbados included China ($759M), Azerbaijan ($668M), and Russia ($642M).

Difference in imports from Georgia () and Barbados () (2022)

Comparative Advantage Barbados - Georgia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Barbados had a large net trade with Georgia in the exports of Foodstuffs ($4.13k).

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

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Barbados () to Georgia () (2022)

Exports from Georgia () to Barbados () (2022)

Latest Data

Trade between Barbados () and Georgia ()

Barbados Exports

Market Competitiveness

Difference in imports from Georgia () and Barbados () (2022)

Comparative Advantage Barbados - Georgia

Economic Complexity

Competitive Landscape

Product Space of Barbados () and Georgia () (2022)

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