NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2022
Flag → Flag
Exports $62.3kRnk 67 / 0
2022
Flag → Flag
Exports $1.02MRnk 19 / 82
2022
Flag → Flag
Top Product $437kCoated Flat-Rolled Iron
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC $23,804CURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

Barbados-North Korea Trade: In 2022, Barbados exported $62.3k to North Korea. The main products that Barbados exported to North Korea were N/A. Over the past 5 years the exports of Barbados to North Korea have increased at an annualized rate of 209%, from $221 in 2017 to $62.3k in 2022.

In 2022, Barbados did not export any services to North Korea.

North Korea-Barbados Trade: In 2022, North Korea exported $1.02M to Barbados. The main products that North Korea exported to Barbados were Coated Flat-Rolled Iron ($437k), Centrifuges ($121k), and Water and Gas Generators ($104k). Over the past 5 years the exports of North Korea to Barbados have increased at an annualized rate of 32.1%,  from $253k in 2017 to $1.02M in 2022.

In 2022, North Korea did not export any services to Barbados.

Comparison In 2023,  Barbados ranked 171 in total exports ($421M). That same year, North Korea ranked 172 in total exports ($397M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $62.3k to North Korea. There were not main exports from Barbados to North Korea in 2022. During the last 5 years the exports of Barbados to North Korea have increased at an annualized rate of 209%, from $221 in 2017 to $62.3k in 2022.

In 2018, North Korea exported $1.02M to Barbados. The main products exported from North Korea to Barbados were Coated Flat-Rolled Iron ($437k), Centrifuges ($121k), and Water and Gas Generators ($104k). During the last 5 years the exports of North Korea to Barbados have increased at an annualized rate of 32.1%, from $253k in 2023 to $1.02M in 2018.

Exports from Barbados (Flag) to North Korea (Flag) (2023)

Exports from North Korea (Flag) to Barbados (Flag) (2023)

Latest Data

Trade between Barbados (Flag) and North Korea (Flag)

Barbados Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
North Korea
Top DestinationChina$292M

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

In 2023, countries that imported more from Barbados than North Korea included United States ($91M), Jamaica ($71.2M), and Trinidad and Tobago ($33.7M).

In 2023, countries that imported more from North Korea than Barbados included China ($292M), Senegal ($10.3M), and Angola ($10.2M).

Difference in imports from North Korea (Flag) and Barbados (Flag) (2023)

Comparative Advantage Barbados - North Korea

Flow
Scale

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

During 2022, Barbados had a large net trade with North Korea in the exports of .

During 2018, North Korea had a large net trade with Barbados in the exports of Metals ($447k), Machines ($375k), and Miscellaneous ($115k).

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and North Korea (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms