2023
Flag  
GDP
$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH
25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 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
$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 195

About

Barbados-United States Trade: In 2023, Barbados exported $91M to United States. The main products that Barbados exported to United States were Hard Liquor ($21.8M), Refined Petroleum ($10.1M), and Jewellery ($6.75M). Over the past 5 years the exports of Barbados to United States have decreased at an annualized rate of 0.078%, from $91.3M in 2018 to $91M in 2023.

In 2023, Barbados did not export any services to United States.

United States-Barbados Trade: In 2023, United States exported $797M to Barbados. The main products that United States exported to Barbados were Refined Petroleum ($28.7M), Computers ($24.9M), and Machinery Having Individual Functions ($15.8M). Over the past 5 years the exports of United States to Barbados have increased at an annualized rate of 4.3%,  from $646M in 2018 to $797M in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $91M to United States. The main products exported from Barbados to United States were Hard Liquor ($21.8M), Refined Petroleum ($10.1M), and Jewellery ($6.75M). During the last 5 years the exports of Barbados to United States have decreased at an annualized rate of 0.078%, from $91.3M in 2018 to $91M in 2023.

In 2018, United States exported $797M to Barbados. The main products exported from United States to Barbados were Refined Petroleum ($28.7M), Computers ($24.9M), and Machinery Having Individual Functions ($15.8M). During the last 5 years the exports of United States to Barbados have increased at an annualized rate of 4.3%, from $646M in 2023 to $797M in 2018.

Exports from Barbados (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Barbados (Flag) (2023)

Latest Data

Trade between Barbados (Flag) and United States (Flag)

Barbados Exports

United States Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$91M
United States
Top Destination
Canada$269B

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

In 2023, countries that imported more from Barbados than United States included Bonaire ($8.72k).

In 2023, countries that imported more from United States than Barbados included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Barbados (Flag) (2023)

Comparative Advantage Barbados - United States

Flow
Scale

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

During 2023, Barbados had a large net trade with United States in the exports of Foodstuffs ($26.7M), Instruments ($17.1M), and Precious Metals ($10.2M).

During 2018, United States had a large net trade with Barbados in the exports of Machines ($212M), Foodstuffs ($79.2M), and Vegetable Products ($79.1M).

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and United States (Flag) (2023)

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