2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 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
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186

About

Barbados-Indonesia Trade: In 2022, Barbados exported $140k to Indonesia. The main products that Barbados exported to Indonesia were Natural Polymers ($56.6k), Carbonates ($48.1k), and Electrical Resistors ($23.1k). Over the past 5 years the exports of Barbados to Indonesia have decreased at an annualized rate of 6.64%, from $198k in 2017 to $140k in 2022.

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

Indonesia-Barbados Trade: In 2022, Indonesia exported $4.84M to Barbados. The main products that Indonesia exported to Barbados were Cars ($2.45M), Margarine ($543k), and Non-fillet Frozen Fish ($389k). Over the past 5 years the exports of Indonesia to Barbados have decreased at an annualized rate of 4.82%,  from $6.83M in 2017 to $4.84M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $140k to Indonesia. The main products exported from Barbados to Indonesia were Natural Polymers ($56.6k), Carbonates ($48.1k), and Electrical Resistors ($23.1k). During the last 5 years the exports of Barbados to Indonesia have decreased at an annualized rate of 6.64%, from $198k in 2017 to $140k in 2022.

In 2017, Indonesia exported $4.84M to Barbados. The main products exported from Indonesia to Barbados were Cars ($2.45M), Margarine ($543k), and Non-fillet Frozen Fish ($389k). During the last 5 years the exports of Indonesia to Barbados have decreased at an annualized rate of 4.82%, from $6.83M in 2022 to $4.84M in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Indonesia (Flag)

Barbados Exports

Indonesia Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Indonesia
Top Destination
China$67.7B

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

In 2022, countries that imported more from Barbados than Indonesia included Guyana ($29.7M), Saint Lucia ($20.8M), and Saint Vincent and the Grenadines ($14.1M).

In 2022, countries that imported more from Indonesia than Barbados included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Barbados - Indonesia

Flow
Scale

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

During 2022, Barbados had a large net trade with Indonesia in the exports of Plastics and Rubbers ($56.6k), Chemical Products ($48.1k), and Machines ($24.4k).

During 2017, Indonesia had a large net trade with Barbados in the exports of Transportation ($2.72M), Animal and Vegetable Bi-Products ($633k), and Animal Products ($390k).

Economic Complexity

Competitive Landscape

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

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

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