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2022
Flag → Flag
Exports $15.8MRnk 166 / 221
2022
Flag → Flag
Top Product $2.26MWine
2022
Flag → Flag
Exports $586kRnk 43 / 139
2022
Flag → Flag
Top Product $184kScrap Copper
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 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 $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Italy-Barbados Trade: In 2022, Italy exported $15.8M to Barbados. The main products that Italy exported to Barbados were Wine ($2.26M), Unglazed Ceramics ($1.17M), and Other Furniture ($825k). Over the past 5 years the exports of Italy to Barbados have increased at an annualized rate of 2.96%, from $13.7M in 2017 to $15.8M in 2022.

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

Barbados-Italy Trade: In 2022, Barbados exported $586k to Italy. The main products that Barbados exported to Italy were Scrap Copper ($184k), Other Plastic Products ($125k), and Hard Liquor ($101k). Over the past 5 years the exports of Barbados to Italy have decreased at an annualized rate of 1.23%,  from $624k in 2017 to $586k in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Barbados ranked 176 in total exports ($393M), 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

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $15.8M to Barbados. The main products exported from Italy to Barbados were Wine ($2.26M), Unglazed Ceramics ($1.17M), and Other Furniture ($825k). During the last 5 years the exports of Italy to Barbados have increased at an annualized rate of 2.96%, from $13.7M in 2017 to $15.8M in 2022.

In 2017, Barbados exported $586k to Italy. The main products exported from Barbados to Italy were Scrap Copper ($184k), Other Plastic Products ($125k), and Hard Liquor ($101k). During the last 5 years the exports of Barbados to Italy have decreased at an annualized rate of 1.23%, from $624k in 2022 to $586k in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Barbados
Top DestinationUnited States$88.6M

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 2022, countries that imported more from Italy than Barbados included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Barbados than Italy included Saint Lucia ($20.8M), Saint Vincent and the Grenadines ($14.1M), and Grenada ($13.5M).

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

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 2022, Italy had a large net trade with Barbados in the exports of Foodstuffs ($4.71M), Machines ($3.58M), and Stone And Glass ($1.94M).

During 2017, Barbados had a large net trade with Italy in the exports of Metals ($184k), Foodstuffs ($139k), and Plastics and Rubbers ($125k).

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) (2022)

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