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2022
Flag → Flag
Exports $157kRnk 67 / 139
2022
Flag → Flag
Top Product $94.6kHard Liquor
2022
Flag → Flag
Exports $21MRnk 80 / 210
2022
Flag → Flag
Top Product $8.57MCheese
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC $20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186

About

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 0.96%,  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
Value

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 0.96%, from $20M in 2022 to $21M in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and New Zealand (Flag)

Barbados Exports

New Zealand Exports

Market Competitiveness

Color
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 (Flag) and Barbados (Flag) (2022)

Comparative Advantage Barbados - New Zealand

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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