2022
Flag
 GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186

About

British Indian Ocean Territory-Barbados In 2019, British Indian Ocean Territory exported $6.2k to Barbados. The main products that British Indian Ocean Territory exported to Barbados are N/A. During the last 19 years the exports of British Indian Ocean Territory to Barbados have increased at an annualized rate of 1.03%, from $5.1k in 2000 to $6.2k in 2019.

In 2019, British Indian Ocean Territory did not export any services to Barbados.

Barbados-British Indian Ocean Territory In 2019, Barbados exported $15.6k to British Indian Ocean Territory. The main products that Barbados exported to British Indian Ocean Territory were N/A. During the last 19 years the exports of Barbados to British Indian Ocean Territory have increased at an annualized rate of 11.4%, from $2.01k in 2000 to $15.6k in 2019.

In 2019, Barbados did not export any services to British Indian Ocean Territory.

Comparison In 2022,  British Indian Ocean Territory ranked 221 in total exports ($5.8M). 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 2019, British Indian Ocean Territory exported $6.2k to Barbados. There were not main exports from British Indian Ocean Territory to Barbados in 2019. During the last 19 years the exports of British Indian Ocean Territory to Barbados have increased at an annualized rate of 1.03%, from $5.1k in 2000 to $6.2k in 2019.

In 2020, Barbados exported $15.6k to British Indian Ocean Territory. There were not main exports from Barbados to British Indian Ocean Territory in 2020. During the last 15 years the exports of Barbados to British Indian Ocean Territory have increased at an annualized rate of 11.4%, from $2.01k in 2005 to $15.6k in 2020.

Exports from British Indian Ocean Territory (Flag) to Barbados (Flag) (2020)

Exports from Barbados (Flag) to British Indian Ocean Territory (Flag) (2020)

Latest Data

Trade between British Indian Ocean Territory (Flag) and Barbados (Flag)

Barbados Exports

Date

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M

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

In 2021, countries that imported more from British Indian Ocean Territory than Barbados were Singapore ($4.42M), Uzbekistan ($280k), and Angola ($867).

In 2021, countries that imported more from Barbados than British Indian Ocean Territory were United States ($88.6M), Jamaica ($43.3M), and Trinidad and Tobago ($33.8M).

Difference in imports from Barbados (Flag) and British Indian Ocean Territory (Flag) (2022)

Comparative Advantage British Indian Ocean Territory - Barbados

Flow
Scale

This chart compares trade between British Indian Ocean Territory and Barbados by product, considering products traded by both, British Indian Ocean Territory and Barbados.

During 2019, British Indian Ocean Territory had a large net trade with Barbados in the exports of .

During 2020, Barbados had a large net trade with British Indian Ocean Territory in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more British Indian Ocean Territory has comparative advantage over Barbados. Similarly, the more yellow a dot/product is, the more Barbados has comparative advantage over British Indian Ocean Territory.

Product Space of British Indian Ocean Territory (Flag) and Barbados (Flag) (2020)

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