2023
Flag  
GDP
$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH
25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP
$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC 
$23,804CURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP PC GROWTH
23.3%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC
$5,391CURRENT US$
Rnk 120 / 196
2013-2023
Flag
GDP PC GROWTH
50.5%CURRENT US$
Rnk 47 / 195

About

Barbados-El Salvador Trade: In 2023, Barbados exported $29.3k to El Salvador. The main products that Barbados exported to El Salvador were Hard Liquor ($23.3k), Delivery Trucks ($5.92k), and Beer ($85). Over the past 5 years the exports of Barbados to El Salvador have increased at an annualized rate of 16.6%, from $13.6k in 2018 to $29.3k in 2023.

In 2023, Barbados did not export any services to El Salvador.

El Salvador-Barbados Trade: In 2023, El Salvador exported $688k to Barbados. The main products that El Salvador exported to Barbados were Packaged Medicaments ($235k), Cleaning Products ($131k), and Paper Containers ($86k). Over the past 5 years the exports of El Salvador to Barbados have increased at an annualized rate of 28.5%,  from $196k in 2018 to $688k in 2023.

In 2023, El Salvador 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, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $29.3k to El Salvador. The main products exported from Barbados to El Salvador were Hard Liquor ($23.3k), Delivery Trucks ($5.92k), and Beer ($85). During the last 5 years the exports of Barbados to El Salvador have increased at an annualized rate of 16.6%, from $13.6k in 2018 to $29.3k in 2023.

In 2018, El Salvador exported $688k to Barbados. The main products exported from El Salvador to Barbados were Packaged Medicaments ($235k), Cleaning Products ($131k), and Paper Containers ($86k). During the last 5 years the exports of El Salvador to Barbados have increased at an annualized rate of 28.5%, from $196k in 2023 to $688k in 2018.

Exports from Barbados (Flag) to El Salvador (Flag) (2023)

Exports from El Salvador (Flag) to Barbados (Flag) (2023)

Latest Data

Trade between Barbados (Flag) and El Salvador (Flag)

Barbados Exports

El Salvador Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$91M
El Salvador
Top Destination
United States$2.41B

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

In 2023, countries that imported more from Barbados than El Salvador included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Saint Lucia ($19.5M).

In 2023, countries that imported more from El Salvador than Barbados included United States ($2.41B), Guatemala ($1.15B), and Honduras ($1.03B).

Difference in imports from El Salvador (Flag) and Barbados (Flag) (2023)

Comparative Advantage Barbados - El Salvador

Flow
Scale

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

During 2023, Barbados had a large net trade with El Salvador in the exports of Foodstuffs ($23.3k) and Transportation ($5.92k).

During 2018, El Salvador had a large net trade with Barbados in the exports of Chemical Products ($450k), Paper Goods ($133k), and Plastics and Rubbers ($55.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and El Salvador (Flag) (2023)

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