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2023
Flag → Flag
Exports $755kRnk 43 / 139
2023
Flag → Flag
Top Product $751kHard Liquor
2023
Flag → Flag
Exports $19.1MRnk 84 / 206
2023
Flag → Flag
Top Product $8.49MCheese
2023
Flag
Economic Complexity (ECI) ECI 0.48Rnk 43 / 132
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH32.1%CURRENT US$
Rnk 110 / 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$48,281CURRENT US$
Rnk 28 / 196
2013-2023
Flag
GDP PC GROWTH12.3%CURRENT US$
Rnk 127 / 195

About

Barbados-New Zealand Trade: In 2023, Barbados exported $755k to New Zealand. The main products that Barbados exported to New Zealand were Hard Liquor ($751k), Gas Turbines ($1.64k), and Cameras ($1.55k). Over the past 5 years the exports of Barbados to New Zealand have increased at an annualized rate of 1.45%, from $702k in 2018 to $755k in 2023.

In 2023, Barbados did not export any services to New Zealand.

New Zealand-Barbados Trade: In 2023, New Zealand exported $19.1M to Barbados. The main products that New Zealand exported to Barbados were Cheese ($8.49M), Sheep and Goat Meat ($3.71M), and Frozen Bovine Meat ($2.64M). Over the past 5 years the exports of New Zealand to Barbados have decreased at an annualized rate of 3.1%,  from $22.3M in 2018 to $19.1M in 2023.

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $755k to New Zealand. The main products exported from Barbados to New Zealand were Hard Liquor ($751k), Gas Turbines ($1.64k), and Cameras ($1.55k). During the last 5 years the exports of Barbados to New Zealand have increased at an annualized rate of 1.45%, from $702k in 2018 to $755k in 2023.

In 2018, New Zealand exported $19.1M to Barbados. The main products exported from New Zealand to Barbados were Cheese ($8.49M), Sheep and Goat Meat ($3.71M), and Frozen Bovine Meat ($2.64M). During the last 5 years the exports of New Zealand to Barbados have decreased at an annualized rate of 3.1%, from $22.3M in 2023 to $19.1M in 2018.

Exports from Barbados (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to Barbados (Flag) (2023)

Latest Data

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

Barbados Exports

New Zealand Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
New Zealand
Top DestinationChina$12.3B

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 2023, countries that imported more from Barbados than New Zealand included Jamaica ($71.2M), Saint Lucia ($19.5M), and Saint Vincent and the Grenadines ($10.9M).

In 2023, countries that imported more from New Zealand than Barbados included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

Difference in imports from New Zealand (Flag) and Barbados (Flag) (2023)

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 2023, Barbados had a large net trade with New Zealand in the exports of Foodstuffs ($751k), Machines ($1.84k), and Instruments ($1.55k).

During 2018, New Zealand had a large net trade with Barbados in the exports of Animal Products ($17.4M), Foodstuffs ($753k), and Machines ($435k).

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) (2023)

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