Georgia (GEO) and Barbados (BRB) Trade | The Observatory of Economic Complexity

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Georgia-Barbados Trade: In 2021, Georgia exported $64.9k to Barbados. The main products that Georgia exported to Barbados were N/A. Over the past 5 years the exports of Georgia to Barbados have decreased at an annualized rate of 5.51%, from $86.2k in 2016 to $64.9k in 2021.

In 2021, Georgia did not export any services to Barbados.

Barbados-Georgia Trade: In 2021, Barbados exported $166 to Georgia. The main products that Barbados exported to Georgia were Jewellery ($166). Over the past 5 years the exports of Barbados to Georgia have decreased at an annualized rate of 39.6%, from $2.06k in 2016 to $166 in 2021.

In 2021, Barbados did not export any services to Georgia.

Comparison In 2023, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B). That same year, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Georgia exported $64.9k to Barbados. There were not main exports from Georgia to Barbados in 2021. During the last 5 years the exports of Georgia to Barbados have decreased at an annualized rate of 5.51%, from $86.2k in 2016 to $64.9k in 2021.

In 2018, Barbados exported $166 to Georgia. The main products exported from Barbados to Georgia were Jewellery ($166). During the last 5 years the exports of Barbados to Georgia have decreased at an annualized rate of 39.6%, from $2.06k in 2023 to $166 in 2018.

Exports from Georgia () to Barbados () (2023)

Exports from Barbados () to Georgia () (2023)

Latest Data

Trade between Georgia () and Barbados ()

Barbados Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationAzerbaijan$828M

Barbados
Top DestinationUnited States$91M

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

In 2023, countries that imported more from Georgia than Barbados included Azerbaijan ($828M), Turkey ($733M), and Armenia ($712M).

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

Difference in imports from Barbados () and Georgia () (2023)

Comparative Advantage Georgia - Barbados

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Georgia had a large net trade with Barbados in the exports of .

During 2018, Barbados had a large net trade with Georgia in the exports of Precious Metals ($166).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Georgia () to Barbados () (2023)

Exports from Barbados () to Georgia () (2023)

Latest Data

Trade between Georgia () and Barbados ()

Barbados Exports

Market Competitiveness

Difference in imports from Barbados () and Georgia () (2023)

Comparative Advantage Georgia - Barbados

Economic Complexity

Competitive Landscape

Product Space of Georgia () and Barbados () (2023)

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