2023
Flag  
GDP
$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH
25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP
$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 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
$1,378CURRENT US$
Rnk 169 / 196
2013-2023
Flag
GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 195

About

Barbados-Nepal Trade: In 2022, Barbados exported $699 to Nepal. The main products that Barbados exported to Nepal were N/A. Over the past 11 years the exports of Barbados to Nepal have decreased at an annualized rate of 24.8%, from $16.1k in 2011 to $699 in 2022.

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

Nepal-Barbados Trade: In 2022, Nepal exported $101k to Barbados. The main products that Nepal exported to Barbados were N/A. Over the past 11 years the exports of Nepal to Barbados have increased at an annualized rate of 83.9%,  from $2.6k in 2011 to $101k in 2022.

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

Comparison In 2023,  Barbados ranked 171 in total exports ($421M). That same year, Nepal ranked 156 in total exports ($1.21B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $699 to Nepal. There were not main exports from Barbados to Nepal in 2022. During the last 11 years the exports of Barbados to Nepal have decreased at an annualized rate of 24.8%, from $16.1k in 2011 to $699 in 2022.

In 2017, Nepal exported $101k to Barbados. There were not main exports from Nepal to Barbados in 2017. During the last 5 years the exports of Nepal to Barbados have increased at an annualized rate of 83.9%, from $2.6k in 2022 to $101k in 2017.

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

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

Market Competitiveness

Color
Barbados
Top Destination
United States$91M
Nepal
Top Destination
India$811M

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

In 2023, countries that imported more from Barbados than Nepal included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Guyana ($24.6M).

In 2023, countries that imported more from Nepal than Barbados included India ($811M), United States ($140M), and Germany ($38.8M).

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

Comparative Advantage Barbados - Nepal

Flow
Scale

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

During 2022, Barbados had a large net trade with Nepal in the exports of .

During 2017, Nepal 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 Nepal. This means that a dot/product with the flag of Barbados indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over Barbados.

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

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