2023
Flag  
GDP
$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH
25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC 
$23,804CURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP PC GROWTH
23.3%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC
$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH
-28.2%CURRENT US$
Rnk 186 / 195

About

Barbados-Iran Trade: In 2018, Barbados exported $150 to Iran. The main products that Barbados exported to Iran were N/A. Over the past 9 years the exports of Barbados to Iran have decreased at an annualized rate of 22.7%, from $1.53k in 2009 to $150 in 2018.

In 2018, Barbados did not export any services to Iran.

Iran-Barbados Trade: In 2018, Iran exported $21.5k to Barbados. The main products that Iran exported to Barbados were N/A. Over the past 9 years the exports of Iran to Barbados have decreased at an annualized rate of 22.2%,  from $75.5k in 2009 to $21.5k in 2018.

In 2018, Iran did not export any services to Barbados.

Comparison In 2023,  Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index. That same year, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Barbados exported $150 to Iran. There were not main exports from Barbados to Iran in 2018. During the last 9 years the exports of Barbados to Iran have decreased at an annualized rate of 22.7%, from $1.53k in 2009 to $150 in 2018.

In 2014, Iran exported $21.5k to Barbados. There were not main exports from Iran to Barbados in 2014. During the last 5 years the exports of Iran to Barbados have decreased at an annualized rate of 22.2%, from $75.5k in 2019 to $21.5k in 2014.

Exports from Barbados (Flag) to Iran (Flag) (2019)

Exports from Iran (Flag) to Barbados (Flag) (2019)

Latest Data

Trade between Barbados (Flag) and Iran (Flag)

Barbados Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$91M
Iran
Top Destination
China$4.59B

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

In 2023, countries that imported more from Barbados than Iran included United States ($91M), Jamaica ($71.2M), and Trinidad and Tobago ($33.7M).

In 2023, countries that imported more from Iran than Barbados included China ($4.59B), Turkey ($2.18B), and India ($1.02B).

Difference in imports from Iran (Flag) and Barbados (Flag) (2023)

Comparative Advantage Barbados - Iran

Flow
Scale

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

During 2018, Barbados had a large net trade with Iran in the exports of .

During 2014, Iran had a large net trade with Barbados in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Iran (Flag) (2019)

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