Barbados (BRB) and Somalia (SOM) Trade | The Observatory of Economic Complexity

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Pricing

Barbados (BRB) and Somalia (SOM) Trade

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Exports $83Rnk 105 / 0

2022

GDP$5.64BCURRENT US$
Rnk 152 / 186

2012-2022

GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186

2022

GDP$8.13BCURRENT US$
Rnk 148 / 186

2012-2022

GDP GROWTH0%CURRENT US$
Rnk 165 / 186

2022

GDP PC $20,019CURRENT US$
Rnk 52 / 186

2012-2022

GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

2022

GDP PC$462CURRENT US$
Rnk 183 / 186

2012-2022

GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

Image 1

Image by ~Ealasaid~
Link: https://flic.kr/p/4g3uw7

Image 2

Image by AMISOM Public Information
Link: https://flic.kr/p/cMaH8S

Historical Data
Economic Complexity

About

In N/A, Barbados did not export any services to Somalia.

Somalia-Barbados Trade: In N/A, Somalia exported $83 to Barbados. The main products that Somalia exported to Barbados were N/A. Over the past N/A years the exports of Somalia to Barbados have decreased at an annualized rate of 40.3%, from $1.09k in N/A to $83 in N/A.

In N/A, Somalia did not export any services to Barbados.

Comparison In 2022, Barbados ranked 176 in total exports ($393M). That same year, Somalia ranked 167 in total exports ($569M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Barbados does not register exports to Somalia.

In 2014, Somalia exported $83 to Barbados. There were not main exports from Somalia to Barbados in 2014. During the last 5 years the exports of Somalia to Barbados have decreased at an annualized rate of 40.3%, from $1.09k in 2019 to $83 in 2014.

Exports from Barbados () to Somalia () (2019)

Exports from Somalia () to Barbados () (2019)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Barbados
Top DestinationUnited States$88.6M

Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from Barbados than Somalia included United States ($88.6M), Jamaica ($43.3M), and Trinidad and Tobago ($33.8M).

In 2022, countries that imported more from Somalia than Barbados included United Arab Emirates ($283M), Oman ($173M), and Bulgaria ($18.5M).

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

Comparative Advantage Barbados - Somalia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2014, Somalia had a large net trade with Barbados in the exports of .

Economic Complexity

Competitive Landscape

Year

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

Product Space of Barbados () and Somalia () (2019)

Keep Exploring

Barbados
Sierra Leone
Barbados
South Sudan
Bermuda
Somalia
Canada
Somalia

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