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2023
Flag → Flag
Exports $1.07MRnk 39 / 139
2023
Flag → Flag
Top Product $1.07MHard Liquor
2023
Flag → Flag
Exports $423kRnk 153 / 193
2023
Flag → Flag
Top Product $369kSeed Oils
2023
Flag
Economic Complexity (ECI) ECI 0.39Rnk 47 / 132
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH-6.16%CURRENT US$
Rnk 179 / 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$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 95 / 195

About

Barbados-Ukraine Trade: In 2023, Barbados exported $1.07M to Ukraine. The main products that Barbados exported to Ukraine were Hard Liquor ($1.07M), Other Measuring Instruments ($1.81k), and Electrical Resistors ($334). Over the past 5 years the exports of Barbados to Ukraine have increased at an annualized rate of 23.4%, from $374k in 2018 to $1.07M in 2023.

In 2023, Barbados did not export any services to Ukraine.

Ukraine-Barbados Trade: In 2023, Ukraine exported $423k to Barbados. The main products that Ukraine exported to Barbados were Seed Oils ($369k), Refined Petroleum ($17.1k), and Other Furniture ($13.5k). Over the past 5 years the exports of Ukraine to Barbados have increased at an annualized rate of 88.4%,  from $17.8k in 2018 to $423k in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $1.07M to Ukraine. The main products exported from Barbados to Ukraine were Hard Liquor ($1.07M), Other Measuring Instruments ($1.81k), and Electrical Resistors ($334). During the last 5 years the exports of Barbados to Ukraine have increased at an annualized rate of 23.4%, from $374k in 2018 to $1.07M in 2023.

In 2018, Ukraine exported $423k to Barbados. The main products exported from Ukraine to Barbados were Seed Oils ($369k), Refined Petroleum ($17.1k), and Other Furniture ($13.5k). During the last 5 years the exports of Ukraine to Barbados have increased at an annualized rate of 88.4%, from $17.8k in 2023 to $423k in 2018.

Exports from Barbados (Flag) to Ukraine (Flag) (2023)

Exports from Ukraine (Flag) to Barbados (Flag) (2023)

Latest Data

Trade between Barbados (Flag) and Ukraine (Flag)

Barbados Exports

Ukraine Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
Ukraine
Top DestinationPoland$4.83B

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

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

In 2023, countries that imported more from Ukraine than Barbados included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

Difference in imports from Ukraine (Flag) and Barbados (Flag) (2023)

Comparative Advantage Barbados - Ukraine

Flow
Scale

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

During 2023, Barbados had a large net trade with Ukraine in the exports of Foodstuffs ($1.07M), Instruments ($1.81k), and Machines ($334).

During 2018, Ukraine had a large net trade with Barbados in the exports of Animal and Vegetable Bi-Products ($369k), Mineral Products ($17.1k), and Miscellaneous ($13.5k).

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Ukraine (Flag) (2023)

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