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Pricing

2022
Flag → Flag
Exports $3.08kRnk 126 / 139
2022
Flag → Flag
Top Product $3.01kElectric Filament
2022
Flag → Flag
Exports $2.22MRnk 101 / 180
2022
Flag → Flag
Top Product $842kRaw Plastic Sheeting
2022
Flag
Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 106 / 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$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

Barbados-Peru Trade: In 2022, Barbados exported $3.08k to Peru. The main products that Barbados exported to Peru were Electric Filament ($3.01k) and Hard Liquor ($72). Over the past 5 years the exports of Barbados to Peru have decreased at an annualized rate of 45.1%, from $61.6k in 2017 to $3.08k in 2022.

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

Peru-Barbados Trade: In 2022, Peru exported $2.22M to Barbados. The main products that Peru exported to Barbados were Raw Plastic Sheeting ($842k), Brochures ($271k), and Fish Fillets ($240k). Over the past 5 years the exports of Peru to Barbados have increased at an annualized rate of 1.54%,  from $2.05M in 2017 to $2.22M in 2022.

In 2022, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $3.08k to Peru. The main products exported from Barbados to Peru were Electric Filament ($3.01k) and Hard Liquor ($72). During the last 5 years the exports of Barbados to Peru have decreased at an annualized rate of 45.1%, from $61.6k in 2017 to $3.08k in 2022.

In 2017, Peru exported $2.22M to Barbados. The main products exported from Peru to Barbados were Raw Plastic Sheeting ($842k), Brochures ($271k), and Fish Fillets ($240k). During the last 5 years the exports of Peru to Barbados have increased at an annualized rate of 1.54%, from $2.05M in 2022 to $2.22M in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Peru (Flag)

Barbados Exports

Peru Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Peru
Top DestinationChina$17.6B

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

In 2022, countries that imported more from Barbados than Peru included Jamaica ($43.3M), Guyana ($29.7M), and Saint Lucia ($20.8M).

In 2022, countries that imported more from Peru than Barbados included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

Difference in imports from Peru (Flag) and Barbados (Flag) (2022)

Comparative Advantage Barbados - Peru

Flow
Scale

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

During 2022, Barbados had a large net trade with Peru in the exports of Machines ($3.01k) and Foodstuffs ($72).

During 2017, Peru had a large net trade with Barbados in the exports of Plastics and Rubbers ($982k), Animal Products ($450k), and Paper Goods ($271k).

Economic Complexity

Competitive Landscape

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

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

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