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2023
Flag → Flag
Exports $2.26MRnk 29 / 139
2023
Flag → Flag
Top Product $1.86MHard Liquor
2023
Flag → Flag
Exports $145MRnk 106 / 224
2023
Flag → Flag
Top Product $105MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC $23,804CURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Barbados-Netherlands Trade: In 2023, Barbados exported $2.26M to Netherlands. The main products that Barbados exported to Netherlands were Hard Liquor ($1.86M), Paper Labels ($145k), and Tool Sets ($98.6k). Over the past 5 years the exports of Barbados to Netherlands have decreased at an annualized rate of 12.7%, from $4.45M in 2018 to $2.26M in 2023.

In 2023, Barbados did not export any services to Netherlands.

Netherlands-Barbados Trade: In 2023, Netherlands exported $145M to Barbados. The main products that Netherlands exported to Barbados were Refined Petroleum ($105M), Other Frozen Vegetables ($4.11M), and Prefabricated Buildings ($3.86M). Over the past 5 years the exports of Netherlands to Barbados have increased at an annualized rate of 29.1%,  from $40.4M in 2018 to $145M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $2.26M to Netherlands. The main products exported from Barbados to Netherlands were Hard Liquor ($1.86M), Paper Labels ($145k), and Tool Sets ($98.6k). During the last 5 years the exports of Barbados to Netherlands have decreased at an annualized rate of 12.7%, from $4.45M in 2018 to $2.26M in 2023.

In 2018, Netherlands exported $145M to Barbados. The main products exported from Netherlands to Barbados were Refined Petroleum ($105M), Other Frozen Vegetables ($4.11M), and Prefabricated Buildings ($3.86M). During the last 5 years the exports of Netherlands to Barbados have increased at an annualized rate of 29.1%, from $40.4M in 2023 to $145M in 2018.

Exports from Barbados (Flag) to Netherlands (Flag) (2023)

Exports from Netherlands (Flag) to Barbados (Flag) (2023)

Latest Data

Trade between Barbados (Flag) and Netherlands (Flag)

Barbados Exports

Netherlands Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
Netherlands
Top DestinationGermany$96.9B

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

In 2023, countries that imported more from Barbados than Netherlands included Saint Lucia ($19.5M), Saint Kitts and Nevis ($5.39M), and Grenada ($13.4M).

In 2023, countries that imported more from Netherlands than Barbados included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Barbados - Netherlands

Flow
Scale

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

During 2023, Barbados had a large net trade with Netherlands in the exports of Foodstuffs ($1.86M), Paper Goods ($145k), and Metals ($98.6k).

During 2018, Netherlands had a large net trade with Barbados in the exports of Mineral Products ($106M), Foodstuffs ($7.22M), and Vegetable Products ($6.02M).

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Netherlands (Flag) (2023)

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