Barbados / South Korea

Barbados-South Korea Trade: In 2022, Barbados exported $310k to South Korea. The main products that Barbados exported to South Korea were Orthopedic Appliances ($285k), Hard Liquor ($20.1k), and Microphones and Headphones ($2.41k). Over the past 5 years the exports of Barbados to South Korea have decreased at an annualized rate of 18.2%, from $848k in 2017 to $310k in 2022.

In 2022, Barbados did not export any services to South Korea.

South Korea-Barbados Trade: In 2022, South Korea exported $7.9M to Barbados. The main products that South Korea exported to Barbados were Cars ($2.69M), Coated Flat-Rolled Iron ($1.52M), and Electric Batteries ($822k). Over the past 5 years the exports of South Korea to Barbados have decreased at an annualized rate of 7.01%,  from $11.4M in 2017 to $7.9M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).