2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
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 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 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

Israel-Barbados Trade: In 2022, Israel exported $788k to Barbados. The main products that Israel exported to Barbados were Sowing Seeds ($127k), Other Agricultural Machinery ($114k), and Ink ($100k). Over the past 5 years the exports of Israel to Barbados have decreased at an annualized rate of 25.4%, from $3.4M in 2017 to $788k in 2022.

In 2007, Israel exported services to Barbados worth $466k, with Computer and information services ($466k) being the largest in terms of value.

Barbados-Israel Trade: In 2022, Barbados exported $35.1k to Israel. The main products that Barbados exported to Israel were Packaged Medicaments ($31k), Breathing Appliances ($2k), and Thermostats ($2k). Over the past 5 years the exports of Barbados to Israel have decreased at an annualized rate of 8.17%,  from $53.8k in 2017 to $35.1k in 2022.

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

Comparison In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23),  and 49 in total exports ($76.9B). 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, Israel exported $788k to Barbados. The main products exported from Israel to Barbados were Sowing Seeds ($127k), Other Agricultural Machinery ($114k), and Ink ($100k). During the last 5 years the exports of Israel to Barbados have decreased at an annualized rate of 25.4%, from $3.4M in 2017 to $788k in 2022.

In 2017, Barbados exported $35.1k to Israel. The main products exported from Barbados to Israel were Packaged Medicaments ($31k), Breathing Appliances ($2k), and Thermostats ($2k). During the last 5 years the exports of Barbados to Israel have decreased at an annualized rate of 8.17%, from $53.8k in 2022 to $35.1k in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Barbados (Flag)

Israel Exports

Barbados Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Barbados
Top Destination
United States$88.6M

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

In 2022, countries that imported more from Israel than Barbados included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

In 2022, countries that imported more from Barbados than Israel included Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

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

Comparative Advantage Israel - Barbados

Flow
Scale

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

During 2022, Israel had a large net trade with Barbados in the exports of Machines ($389k), Vegetable Products ($127k), and Chemical Products ($102k).

During 2017, Barbados had a large net trade with Israel in the exports of Chemical Products ($31k), Instruments ($4k), and Precious Metals ($148).

Economic Complexity

Competitive Landscape

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

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

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