2022
Flag  
GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 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 
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 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

Kazakhstan-Barbados Trade: In 2022, Kazakhstan exported $703 to Barbados. The main products that Kazakhstan exported to Barbados were Electrical Lighting and Signalling Equipment ($442), Other Animals ($175), and Centrifuges ($86). Over the past 22 years the exports of Kazakhstan to Barbados have decreased at an annualized rate of 13%, from $14.9k in 2000 to $703 in 2022.

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

Barbados-Kazakhstan Trade: In 2022, Barbados exported $21.4k to Kazakhstan. The main products that Barbados exported to Kazakhstan were Hard Liquor ($10.3k), Amino-resins ($8.1k), and Electrical Resistors ($2.47k). Over the past 22 years the exports of Barbados to Kazakhstan have increased at an annualized rate of 8.51%,  from $14.2k in 2000 to $21.4k in 2022.

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

Comparison In 2022,  Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17),  and 45 in total exports ($98.7B). 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, Kazakhstan exported $703 to Barbados. The main products exported from Kazakhstan to Barbados were Electrical Lighting and Signalling Equipment ($442), Other Animals ($175), and Centrifuges ($86). During the last 22 years the exports of Kazakhstan to Barbados have decreased at an annualized rate of 13%, from $14.9k in 2000 to $703 in 2022.

In 2017, Barbados exported $21.4k to Kazakhstan. The main products exported from Barbados to Kazakhstan were Hard Liquor ($10.3k), Amino-resins ($8.1k), and Electrical Resistors ($2.47k). During the last 5 years the exports of Barbados to Kazakhstan have increased at an annualized rate of 8.51%, from $14.2k in 2022 to $21.4k in 2017.

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

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

Market Competitiveness

Color
Kazakhstan
Top Destination
China$13.4B
Barbados
Top Destination
United States$88.6M

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

In 2022, countries that imported more from Kazakhstan than Barbados included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

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

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

Comparative Advantage Kazakhstan - Barbados

Flow
Scale

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

During 2022, Kazakhstan had a large net trade with Barbados in the exports of Machines ($528) and Animal Products ($175).

During 2017, Barbados had a large net trade with Kazakhstan in the exports of Foodstuffs ($10.3k), Plastics and Rubbers ($8.1k), and Machines ($2.47k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with