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2023
Flag → Flag
Exports $14.3MRnk 173 / 219
2023
Flag → Flag
Top Product $1.63MWine
2023
Flag → Flag
Exports $388kRnk 53 / 139
2023
Flag → Flag
Top Product $170kRaw Cotton
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag  
GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC $39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

Italy-Barbados Trade: In 2023, Italy exported $14.3M to Barbados. The main products that Italy exported to Barbados were Wine ($1.63M), Unglazed Ceramics ($1.51M), and Mill Machinery ($1.36M). Over the past 5 years the exports of Italy to Barbados have increased at an annualized rate of 4.22%, from $11.6M in 2018 to $14.3M in 2023.

In 2023, Italy did not export any services to Barbados.

Barbados-Italy Trade: In 2023, Barbados exported $388k to Italy. The main products that Barbados exported to Italy were Raw Cotton ($170k), Hard Liquor ($96.4k), and Rolled Tobacco ($53.9k). Over the past 5 years the exports of Barbados to Italy have decreased at an annualized rate of 46.2%,  from $8.63M in 2018 to $388k in 2023.

In 2023, Barbados did not export any services to Italy.

Comparison In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29),  and 6 in total exports ($638B). That same year, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Barbados, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Barbados were . In N/A the top imports of Italy from Barbados were .

Growth In N/A, the N/A in Italy's year-by-year exports to Barbados was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Barbados was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Barbados and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Barbados and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $14.3M to Barbados. The main products exported from Italy to Barbados were Wine ($1.63M), Unglazed Ceramics ($1.51M), and Mill Machinery ($1.36M). During the last 5 years the exports of Italy to Barbados have increased at an annualized rate of 4.22%, from $11.6M in 2018 to $14.3M in 2023.

In 2018, Barbados exported $388k to Italy. The main products exported from Barbados to Italy were Raw Cotton ($170k), Hard Liquor ($96.4k), and Rolled Tobacco ($53.9k). During the last 5 years the exports of Barbados to Italy have decreased at an annualized rate of 46.2%, from $8.63M in 2023 to $388k in 2018.

Exports from Italy (Flag) to Barbados (Flag) (2023)

Exports from Barbados (Flag) to Italy (Flag) (2023)

Market Competitiveness

Color
Italy
Top DestinationGermany$71.4B
Barbados
Top DestinationUnited States$91M

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

In 2023, countries that imported more from Italy than Barbados included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, countries that imported more from Barbados than Italy included Saint Lucia ($19.5M), Jamaica ($71.2M), and Grenada ($13.4M).

Difference in imports from Barbados (Flag) and Italy (Flag) (2023)

Comparative Advantage Italy - Barbados

Flow
Scale

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

During 2023, Italy had a large net trade with Barbados in the exports of Machines ($4.05M), Foodstuffs ($3.47M), and Stone And Glass ($2.5M).

During 2018, Barbados had a large net trade with Italy in the exports of Textiles ($170k), Foodstuffs ($163k), and Animal Products ($18.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Italy (Flag) and Barbados (Flag) (2023)

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