2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 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
$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 46 / 186

About

Barbados-Ghana Trade: In 2022, Barbados exported $18.7k to Ghana. The main products that Barbados exported to Ghana were Hard Liquor ($15.7k), Flavored Water ($2.81k), and Animal Food ($49). Over the past 5 years the exports of Barbados to Ghana have increased at an annualized rate of 102%, from $562 in 2017 to $18.7k in 2022.

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

Ghana-Barbados Trade: In 2022, Ghana exported $65.7k to Barbados. The main products that Ghana exported to Barbados were Prefabricated Buildings ($39.5k), Other Furniture ($6.16k), and Non-Knit Women's Suits ($3.41k). Over the past 5 years the exports of Ghana to Barbados have decreased at an annualized rate of 26.2%,  from $301k in 2017 to $65.7k in 2022.

In 2022, Ghana 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, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $18.7k to Ghana. The main products exported from Barbados to Ghana were Hard Liquor ($15.7k), Flavored Water ($2.81k), and Animal Food ($49). During the last 5 years the exports of Barbados to Ghana have increased at an annualized rate of 102%, from $562 in 2017 to $18.7k in 2022.

In 2017, Ghana exported $65.7k to Barbados. The main products exported from Ghana to Barbados were Prefabricated Buildings ($39.5k), Other Furniture ($6.16k), and Non-Knit Women's Suits ($3.41k). During the last 5 years the exports of Ghana to Barbados have decreased at an annualized rate of 26.2%, from $301k in 2022 to $65.7k in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Ghana (Flag)

Barbados Exports

Ghana Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Ghana
Top Destination
United Arab Emirates$4.72B

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

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

In 2022, countries that imported more from Ghana than Barbados included United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

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

Comparative Advantage Barbados - Ghana

Flow
Scale

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

During 2022, Barbados had a large net trade with Ghana in the exports of Foodstuffs ($18.6k), Paper Goods ($31), and Mineral Products ($24).

During 2017, Ghana had a large net trade with Barbados in the exports of Miscellaneous ($46.7k), Textiles ($8.41k), and Animal Hides ($2.45k).

Economic Complexity

Competitive Landscape

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

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

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