2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 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
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Barbados-Ireland Trade: In 2022, Barbados exported $189k to Ireland. The main products that Barbados exported to Ireland were Orthopedic Appliances ($51.5k), Microphones and Headphones ($47.7k), and Wood Barrels ($38.4k). Over the past 5 years the exports of Barbados to Ireland have increased at an annualized rate of 6.2%, from $140k in 2017 to $189k in 2022.

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

Ireland-Barbados Trade: In 2022, Ireland exported $6.46M to Barbados. The main products that Ireland exported to Barbados were Frozen Bovine Meat ($1.81M), Butter ($610k), and Other Office Machines ($527k). Over the past 5 years the exports of Ireland to Barbados have increased at an annualized rate of 11.2%,  from $3.8M in 2017 to $6.46M in 2022.

In 2022, Ireland 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $189k to Ireland. The main products exported from Barbados to Ireland were Orthopedic Appliances ($51.5k), Microphones and Headphones ($47.7k), and Wood Barrels ($38.4k). During the last 5 years the exports of Barbados to Ireland have increased at an annualized rate of 6.2%, from $140k in 2017 to $189k in 2022.

In 2017, Ireland exported $6.46M to Barbados. The main products exported from Ireland to Barbados were Frozen Bovine Meat ($1.81M), Butter ($610k), and Other Office Machines ($527k). During the last 5 years the exports of Ireland to Barbados have increased at an annualized rate of 11.2%, from $3.8M in 2022 to $6.46M in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Ireland (Flag)

Barbados Exports

Ireland Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Ireland
Top Destination
United States$70.7B

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

In 2022, countries that imported more from Barbados than Ireland included Jamaica ($43.3M), Guyana ($29.7M), and Saint Lucia ($20.8M).

In 2022, countries that imported more from Ireland than Barbados included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

Comparative Advantage Barbados - Ireland

Flow
Scale

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

During 2022, Barbados had a large net trade with Ireland in the exports of Instruments ($57.9k), Machines ($52.5k), and Wood Products ($38.4k).

During 2017, Ireland had a large net trade with Barbados in the exports of Animal Products ($2.8M), Chemical Products ($1.21M), and Machines ($772k).

Economic Complexity

Competitive Landscape

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

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

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