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2023
Flag → Flag
Exports $142kRnk 68 / 139
2023
Flag → Flag
Top Product $95.7kRefined Petroleum
2023
Flag → Flag
Exports $195kRnk 163 / 182
2023
Flag → Flag
Top Product $124kOther Plastic Sheetings
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 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$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Barbados-Saudi Arabia Trade: In 2023, Barbados exported $142k to Saudi Arabia. The main products that Barbados exported to Saudi Arabia were Refined Petroleum ($95.7k), Orthopedic Appliances ($34.3k), and Air Pumps ($6.11k). Over the past 5 years the exports of Barbados to Saudi Arabia have decreased at an annualized rate of 5.12%, from $184k in 2018 to $142k in 2023.

In 2023, Barbados did not export any services to Saudi Arabia.

Saudi Arabia-Barbados Trade: In 2023, Saudi Arabia exported $195k to Barbados. The main products that Saudi Arabia exported to Barbados were Other Plastic Sheetings ($124k), Confectionery Sugar ($16.3k), and Vegetable Fiber ($9.67k). Over the past 5 years the exports of Saudi Arabia to Barbados have decreased at an annualized rate of 12.4%,  from $378k in 2018 to $195k in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $142k to Saudi Arabia. The main products exported from Barbados to Saudi Arabia were Refined Petroleum ($95.7k), Orthopedic Appliances ($34.3k), and Air Pumps ($6.11k). During the last 5 years the exports of Barbados to Saudi Arabia have decreased at an annualized rate of 5.12%, from $184k in 2018 to $142k in 2023.

In 2018, Saudi Arabia exported $195k to Barbados. The main products exported from Saudi Arabia to Barbados were Other Plastic Sheetings ($124k), Confectionery Sugar ($16.3k), and Vegetable Fiber ($9.67k). During the last 5 years the exports of Saudi Arabia to Barbados have decreased at an annualized rate of 12.4%, from $378k in 2023 to $195k in 2018.

Exports from Barbados (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Barbados (Flag) (2023)

Latest Data

Trade between Barbados (Flag) and Saudi Arabia (Flag)

Barbados Exports

Saudi Arabia Exports

Date

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Barbados than Saudi Arabia included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Guyana ($24.6M).

In 2023, countries that imported more from Saudi Arabia than Barbados included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Barbados (Flag) (2023)

Comparative Advantage Barbados - Saudi Arabia

Flow
Scale

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

During 2023, Barbados had a large net trade with Saudi Arabia in the exports of Mineral Products ($95.7k), Instruments ($34.7k), and Machines ($9.46k).

During 2018, Saudi Arabia had a large net trade with Barbados in the exports of Plastics and Rubbers ($133k), Foodstuffs ($16.4k), and Machines ($10.8k).

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Saudi Arabia (Flag) (2023)

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