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2022
Flag → Flag
Exports $501Rnk 136 / 139
2022
Flag → Flag
Top Product $281Knit Babies' Garments
2022
Flag → Flag
Exports $134kRnk 170 / 205
2022
Flag → Flag
Top Product $121kOther Processed Fruits and Nuts
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 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$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Barbados-Philippines Trade: In 2022, Barbados exported $501 to Philippines. The main products that Barbados exported to Philippines were Knit Babies' Garments ($281), Hard Liquor ($118), and Jewellery ($98). Over the past 5 years the exports of Barbados to Philippines have decreased at an annualized rate of 58.7%, from $41.7k in 2017 to $501 in 2022.

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

Philippines-Barbados Trade: In 2022, Philippines exported $134k to Barbados. The main products that Philippines exported to Barbados were Other Processed Fruits and Nuts ($121k), Sowing Seeds ($4.01k), and Electrical Transformers ($3.5k). Over the past 5 years the exports of Philippines to Barbados have decreased at an annualized rate of 32.3%,  from $944k in 2017 to $134k in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $501 to Philippines. The main products exported from Barbados to Philippines were Knit Babies' Garments ($281), Hard Liquor ($118), and Jewellery ($98). During the last 5 years the exports of Barbados to Philippines have decreased at an annualized rate of 58.7%, from $41.7k in 2017 to $501 in 2022.

In 2017, Philippines exported $134k to Barbados. The main products exported from Philippines to Barbados were Other Processed Fruits and Nuts ($121k), Sowing Seeds ($4.01k), and Electrical Transformers ($3.5k). During the last 5 years the exports of Philippines to Barbados have decreased at an annualized rate of 32.3%, from $944k in 2022 to $134k in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Philippines (Flag)

Barbados Exports

Philippines Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Barbados than Philippines included Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

In 2022, countries that imported more from Philippines than Barbados included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Barbados - Philippines

Flow
Scale

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

During 2022, Barbados had a large net trade with Philippines in the exports of Textiles ($281), Foodstuffs ($118), and Precious Metals ($98).

During 2017, Philippines had a large net trade with Barbados in the exports of Foodstuffs ($121k), Machines ($6.54k), and Vegetable Products ($4.01k).

Economic Complexity

Competitive Landscape

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

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

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