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2022
Flag → Flag
Exports $6.71MRnk 150 / 218
2022
Flag → Flag
Top Product $1.22MElectric Motor Parts
2022
Flag → Flag
Exports $1.11MRnk 32 / 139
2022
Flag → Flag
Top Product $604kElectric Motor Parts
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC $66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Denmark-Barbados Trade: In 2022, Denmark exported $6.71M to Barbados. The main products that Denmark exported to Barbados were Electric Motor Parts ($1.22M), Packaged Medicaments ($665k), and Gas Turbines ($594k). Over the past 5 years the exports of Denmark to Barbados have decreased at an annualized rate of 4.04%, from $8.25M in 2017 to $6.71M in 2022.

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

Barbados-Denmark Trade: In 2022, Barbados exported $1.11M to Denmark. The main products that Barbados exported to Denmark were Electric Motor Parts ($604k), Engine Parts ($172k), and Electric Soldering Equipment ($76.8k). Over the past 5 years the exports of Barbados to Denmark have increased at an annualized rate of 17.3%,  from $499k in 2017 to $1.11M in 2022.

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

Comparison In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01),  and 37 in total exports ($122B). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $6.71M to Barbados. The main products exported from Denmark to Barbados were Electric Motor Parts ($1.22M), Packaged Medicaments ($665k), and Gas Turbines ($594k). During the last 5 years the exports of Denmark to Barbados have decreased at an annualized rate of 4.04%, from $8.25M in 2017 to $6.71M in 2022.

In 2017, Barbados exported $1.11M to Denmark. The main products exported from Barbados to Denmark were Electric Motor Parts ($604k), Engine Parts ($172k), and Electric Soldering Equipment ($76.8k). During the last 5 years the exports of Barbados to Denmark have increased at an annualized rate of 17.3%, from $499k in 2022 to $1.11M in 2017.

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

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

Latest Data

Trade between Denmark (Flag) and Barbados (Flag)

Denmark Exports

Barbados Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$18.9B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Denmark than Barbados included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2022, countries that imported more from Barbados than Denmark included Jamaica ($43.3M), Guyana ($29.7M), and Saint Lucia ($20.8M).

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

Comparative Advantage Denmark - Barbados

Flow
Scale

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

During 2022, Denmark had a large net trade with Barbados in the exports of Machines ($4.63M), Chemical Products ($851k), and Animal Products ($443k).

During 2017, Barbados had a large net trade with Denmark in the exports of Machines ($978k), Foodstuffs ($48.5k), and Instruments ($47.2k).

Economic Complexity

Competitive Landscape

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

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

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