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2023
Flag → Flag
Exports $4.47kRnk 119 / 139
2023
Flag → Flag
Top Product $4.35kMonofilament
2023
Flag → Flag
Exports $2.18MRnk 108 / 177
2023
Flag → Flag
Top Product $670kRaw Plastic Sheeting
2023
Flag
Economic Complexity (ECI) ECI -0.61Rnk 90 / 132
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH33%CURRENT US$
Rnk 108 / 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$7,907CURRENT US$
Rnk 97 / 196
2013-2023
Flag
GDP PC GROWTH17.2%CURRENT US$
Rnk 111 / 195

About

Barbados-Peru Trade: In 2023, Barbados exported $4.47k to Peru. The main products that Barbados exported to Peru were Monofilament ($4.35k), Other Animals ($100), and Gas and Liquid Flow Measuring Instruments ($21). Over the past 5 years the exports of Barbados to Peru have decreased at an annualized rate of 10.7%, from $7.88k in 2018 to $4.47k in 2023.

In 2023, Barbados did not export any services to Peru.

Peru-Barbados Trade: In 2023, Peru exported $2.18M to Barbados. The main products that Peru exported to Barbados were Raw Plastic Sheeting ($670k), Tea ($402k), and Brochures ($331k). Over the past 5 years the exports of Peru to Barbados have decreased at an annualized rate of 2.61%,  from $2.49M in 2018 to $2.18M in 2023.

In 2023, Peru 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, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $4.47k to Peru. The main products exported from Barbados to Peru were Monofilament ($4.35k), Other Animals ($100), and Gas and Liquid Flow Measuring Instruments ($21). During the last 5 years the exports of Barbados to Peru have decreased at an annualized rate of 10.7%, from $7.88k in 2018 to $4.47k in 2023.

In 2018, Peru exported $2.18M to Barbados. The main products exported from Peru to Barbados were Raw Plastic Sheeting ($670k), Tea ($402k), and Brochures ($331k). During the last 5 years the exports of Peru to Barbados have decreased at an annualized rate of 2.61%, from $2.49M in 2023 to $2.18M in 2018.

Exports from Barbados (Flag) to Peru (Flag) (2023)

Exports from Peru (Flag) to Barbados (Flag) (2023)

Latest Data

Trade between Barbados (Flag) and Peru (Flag)

Barbados Exports

Peru Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
Peru
Top DestinationChina$22.5B

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 2023, countries that imported more from Barbados than Peru included Jamaica ($71.2M), Saint Lucia ($19.5M), and Trinidad and Tobago ($33.7M).

In 2023, countries that imported more from Peru than Barbados included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

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

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 2023, Barbados had a large net trade with Peru in the exports of Plastics and Rubbers ($4.35k), Animal Products ($100), and Instruments ($21).

During 2018, Peru had a large net trade with Barbados in the exports of Plastics and Rubbers ($783k), Animal Products ($447k), and Vegetable Products ($402k).

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) (2023)

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