2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 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
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186

About

Barbados-Greece Trade: In 2022, Barbados exported $2.08k to Greece. The main products that Barbados exported to Greece were Orthopedic Appliances ($1.97k), Hard Liquor ($63), and Light Fixtures ($42). Over the past 5 years the exports of Barbados to Greece have decreased at an annualized rate of 37%, from $20.9k in 2017 to $2.08k in 2022.

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

Greece-Barbados Trade: In 2022, Greece exported $5.43M to Barbados. The main products that Greece exported to Barbados were Refined Petroleum ($4.27M), Engine Parts ($331k), and Centrifuges ($244k). Over the past 5 years the exports of Greece to Barbados have increased at an annualized rate of 8.4%,  from $3.63M in 2017 to $5.43M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $2.08k to Greece. The main products exported from Barbados to Greece were Orthopedic Appliances ($1.97k), Hard Liquor ($63), and Light Fixtures ($42). During the last 5 years the exports of Barbados to Greece have decreased at an annualized rate of 37%, from $20.9k in 2017 to $2.08k in 2022.

In 2017, Greece exported $5.43M to Barbados. The main products exported from Greece to Barbados were Refined Petroleum ($4.27M), Engine Parts ($331k), and Centrifuges ($244k). During the last 5 years the exports of Greece to Barbados have increased at an annualized rate of 8.4%, from $3.63M in 2022 to $5.43M in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Greece (Flag)

Barbados Exports

Greece Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Greece
Top Destination
Italy$5.82B

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

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

In 2022, countries that imported more from Greece than Barbados included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Comparative Advantage Barbados - Greece

Flow
Scale

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

During 2022, Barbados had a large net trade with Greece in the exports of Instruments ($1.97k), Foodstuffs ($63), and Miscellaneous ($42).

During 2017, Greece had a large net trade with Barbados in the exports of Mineral Products ($4.27M), Machines ($797k), and Foodstuffs ($91.3k).

Economic Complexity

Competitive Landscape

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

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

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