Barbados (BRB) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Barbados-New Zealand Trade: In 2022, Barbados exported $157k to New Zealand. The main products that Barbados exported to New Zealand were Hard Liquor ($94.6k), Coffee ($34.9k), and Ceramic Bricks ($26.4k). Over the past 5 years the exports of Barbados to New Zealand have decreased at an annualized rate of 33.1%, from $1.17M in 2017 to $157k in 2022.

In 2022, Barbados did not export any services to New Zealand.

New Zealand-Barbados Trade: In 2022, New Zealand exported $21M to Barbados. The main products that New Zealand exported to Barbados were Cheese ($8.57M), Sheep and Goat Meat ($4.35M), and Frozen Bovine Meat ($3.47M). Over the past 5 years the exports of New Zealand to Barbados have increased at an annualized rate of 0.8%, from $20M in 2017 to $21M in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Barbados exported $157k to New Zealand. The main products exported from Barbados to New Zealand were Hard Liquor ($94.6k), Coffee ($34.9k), and Ceramic Bricks ($26.4k). During the last 5 years the exports of Barbados to New Zealand have decreased at an annualized rate of 33.1%, from $1.17M in 2017 to $157k in 2022.

In 2017, New Zealand exported $21M to Barbados. The main products exported from New Zealand to Barbados were Cheese ($8.57M), Sheep and Goat Meat ($4.35M), and Frozen Bovine Meat ($3.47M). During the last 5 years the exports of New Zealand to Barbados have increased at an annualized rate of 0.8%, from $20M in 2022 to $21M in 2017.

Exports from Barbados () to New Zealand () (2022)

Exports from New Zealand () to Barbados () (2022)

Latest Data

Trade between Barbados () and New Zealand ()

Barbados Exports

Date

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Barbados
Top DestinationUnited States$88.6M

New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from Barbados than New Zealand included Saint Lucia ($20.8M), Saint Vincent and the Grenadines ($14.1M), and Grenada ($13.5M).

In 2022, countries that imported more from New Zealand than Barbados included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand () and Barbados () (2022)

Comparative Advantage Barbados - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Barbados had a large net trade with New Zealand in the exports of Foodstuffs ($94.6k), Vegetable Products ($34.9k), and Stone And Glass ($26.4k).

During 2017, New Zealand had a large net trade with Barbados in the exports of Animal Products ($20.2M), Foodstuffs ($405k), and Vegetable Products ($312k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Barbados () to New Zealand () (2022)

Exports from New Zealand () to Barbados () (2022)

Latest Data

Trade between Barbados () and New Zealand ()

Barbados Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Barbados () (2022)

Comparative Advantage Barbados - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Barbados () and New Zealand () (2022)

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