Barbados (BRB) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Barbados-Portugal Trade: In 2022, Barbados exported $6.95k to Portugal. The main products that Barbados exported to Portugal were Non-Knit Men's Suits ($3.79k), Paintings ($1.15k), and Hard Liquor ($699). Over the past 5 years the exports of Barbados to Portugal have increased at an annualized rate of 8.71%, from $4.58k in 2017 to $6.95k in 2022.

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

Portugal-Barbados Trade: In 2022, Portugal exported $4.25M to Barbados. The main products that Portugal exported to Barbados were Other Aluminium Products ($955k), Iron Blocks ($882k), and Aluminium Structures ($741k). Over the past 5 years the exports of Portugal to Barbados have increased at an annualized rate of 6.27%, from $3.14M in 2017 to $4.25M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Barbados exported $6.95k to Portugal. The main products exported from Barbados to Portugal were Non-Knit Men's Suits ($3.79k), Paintings ($1.15k), and Hard Liquor ($699). During the last 5 years the exports of Barbados to Portugal have increased at an annualized rate of 8.71%, from $4.58k in 2017 to $6.95k in 2022.

In 2017, Portugal exported $4.25M to Barbados. The main products exported from Portugal to Barbados were Other Aluminium Products ($955k), Iron Blocks ($882k), and Aluminium Structures ($741k). During the last 5 years the exports of Portugal to Barbados have increased at an annualized rate of 6.27%, from $3.14M in 2022 to $4.25M in 2017.

Exports from Barbados () to Portugal () (2022)

Exports from Portugal () to Barbados () (2022)

Latest Data

Trade between Barbados () and Portugal ()

Barbados Exports

Date

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Barbados
Top DestinationUnited States$88.6M

Portugal
Top DestinationSpain$20.5B

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

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

In 2022, countries that imported more from Portugal than Barbados included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

Difference in imports from Portugal () and Barbados () (2022)

Comparative Advantage Barbados - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Barbados had a large net trade with Portugal in the exports of Textiles ($4.05k), Arts and Antiques ($1.15k), and Foodstuffs ($699).

During 2017, Portugal had a large net trade with Barbados in the exports of Metals ($2.67M), Paper Goods ($667k), and Wood Products ($513k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Barbados () to Portugal () (2022)

Exports from Portugal () to Barbados () (2022)

Latest Data

Trade between Barbados () and Portugal ()

Barbados Exports

Portugal Exports

Market Competitiveness

Difference in imports from Portugal () and Barbados () (2022)

Comparative Advantage Barbados - Portugal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Barbados () and Portugal () (2022)

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