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2022
Flag → Flag
Exports $44.7kRnk 96 / 123
2022
Flag → Flag
Top Product $27.8kTextile Footwear
2022
Flag → Flag
Exports $7.22kRnk 114 / 139
2022
Flag → Flag
Top Product $5.51kHard Liquor
2022
Flag
 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Cuba-Barbados Trade: In 2022, Cuba exported $44.7k to Barbados. The main products that Cuba exported to Barbados were Textile Footwear ($27.8k) and Rolled Tobacco ($16.8k). Over the past 6 years the exports of Cuba to Barbados have decreased at an annualized rate of 22.4%, from $204k in 2016 to $44.7k in 2022.

In 2022, Cuba did not export any services to Barbados.

Barbados-Cuba Trade: In 2022, Barbados exported $7.22k to Cuba. The main products that Barbados exported to Cuba were Hard Liquor ($5.51k), Other Edible Preparations ($1.5k), and Precious Metal Watches ($115). Over the past 6 years the exports of Barbados to Cuba have decreased at an annualized rate of 52.7%,  from $304k in 2016 to $7.22k in 2022.

In 2022, Barbados did not export any services to Cuba.

Comparison In 2022,  Cuba ranked 161 in total exports ($1.07B). That same year, Barbados ranked 176 in total exports ($393M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $44.7k to Barbados. The main products exported from Cuba to Barbados were Textile Footwear ($27.8k) and Rolled Tobacco ($16.8k). During the last 6 years the exports of Cuba to Barbados have decreased at an annualized rate of 22.4%, from $204k in 2016 to $44.7k in 2022.

In 2017, Barbados exported $7.22k to Cuba. The main products exported from Barbados to Cuba were Hard Liquor ($5.51k), Other Edible Preparations ($1.5k), and Precious Metal Watches ($115). During the last 5 years the exports of Barbados to Cuba have decreased at an annualized rate of 52.7%, from $304k in 2022 to $7.22k in 2017.

Exports from Cuba (Flag) to Barbados (Flag) (2022)

Exports from Barbados (Flag) to Cuba (Flag) (2022)

Latest Data

Trade between Cuba (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Cuba
Top DestinationChina$426M
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Cuba than Barbados included China ($426M), Spain ($139M), and Germany ($58.5M).

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

Difference in imports from Barbados (Flag) and Cuba (Flag) (2022)

Comparative Advantage Cuba - Barbados

Flow
Scale

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

During 2022, Cuba had a large net trade with Barbados in the exports of Footwear and Headwear ($27.8k) and Foodstuffs ($16.8k).

During 2017, Barbados had a large net trade with Cuba in the exports of Foodstuffs ($7.01k), Instruments ($115), and Precious Metals ($96).

Economic Complexity

Competitive Landscape

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

Product Space of Cuba (Flag) and Barbados (Flag) (2022)

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