2022
Flag  
GDP
$5.64BCURRENT US$
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2012-2022
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GDP GROWTH
22.3%CURRENT US$
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2022
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 GDP
$1.11TCURRENT US$
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2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
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2022
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GDP PC 
$20,019CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
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2022
Flag
GDP PC
$30,436CURRENT US$
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2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
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About

Barbados-Saudi Arabia Trade: In 2021, Barbados exported $61.7k to Saudi Arabia. The main products that Barbados exported to Saudi Arabia were N/A. Over the past 5 years the exports of Barbados to Saudi Arabia have increased at an annualized rate of 45.1%, from $9.6k in 2016 to $61.7k in 2021.

In 2021, Barbados did not export any services to Saudi Arabia.

Saudi Arabia-Barbados Trade: In 2021, Saudi Arabia exported $90.5k to Barbados. The main products that Saudi Arabia exported to Barbados were Other Plastic Sheetings ($88.1k), Tropical Fruits ($1.81k), and Other Footwear ($219). Over the past 5 years the exports of Saudi Arabia to Barbados have decreased at an annualized rate of 18.6%,  from $252k in 2016 to $90.5k in 2021.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Barbados exported $61.7k to Saudi Arabia. There were not main exports from Barbados to Saudi Arabia in 2021. During the last 5 years the exports of Barbados to Saudi Arabia have increased at an annualized rate of 45.1%, from $9.6k in 2016 to $61.7k in 2021.

In 2017, Saudi Arabia exported $90.5k to Barbados. The main products exported from Saudi Arabia to Barbados were Other Plastic Sheetings ($88.1k), Tropical Fruits ($1.81k), and Other Footwear ($219). During the last 5 years the exports of Saudi Arabia to Barbados have decreased at an annualized rate of 18.6%, from $252k in 2022 to $90.5k in 2017.

Exports from Barbados (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Barbados (Flag) (2022)

Latest Data

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

Barbados Exports

Saudi Arabia Exports

Date

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Saudi Arabia than Barbados included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Barbados (Flag) (2022)

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 2021, Barbados had a large net trade with Saudi Arabia in the exports of .

During 2017, Saudi Arabia had a large net trade with Barbados in the exports of Plastics and Rubbers ($88.1k), Vegetable Products ($1.81k), and Footwear and Headwear ($219).

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) (2022)

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