2022
Flag  
GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 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 
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 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

North Macedonia-Barbados In 2021, North Macedonia exported $14.8k to Barbados. The main products that North Macedonia exported to Barbados are N/A. During the last 24 years the exports of North Macedonia to Barbados have decreased at an annualized rate of 23.5%, from $9.29M in 1997 to $14.8k in 2021.

In 2021, North Macedonia did not export any services to Barbados.

Barbados-North Macedonia In 2021, Barbados exported $7.08k to North Macedonia. The main products that Barbados exported to North Macedonia were Hard Liquor ($7.06k) and Self-adhesive Plastics ($21). During the last 24 years the exports of Barbados to North Macedonia have decreased at an annualized rate of 2.81%, from $14k in 1997 to $7.08k in 2021.

In 2021, Barbados did not export any services to North Macedonia.

Comparison In 2022,  North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.16),  and 105 in total exports ($9.52B). 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 2021, North Macedonia exported $14.8k to Barbados. There were not main exports from North Macedonia to Barbados in 2021. During the last 24 years the exports of North Macedonia to Barbados have decreased at an annualized rate of 23.5%, from $9.29M in 1997 to $14.8k in 2021.

In 2022, Barbados exported $7.08k to North Macedonia. The main products exported from Barbados to North Macedonia were Hard Liquor ($7.06k) and Self-adhesive Plastics ($21). During the last 27 years the exports of Barbados to North Macedonia have decreased at an annualized rate of 2.81%, from $14k in 1995 to $7.08k in 2022.

Exports from North Macedonia (Flag) to Barbados (Flag) (2022)

Exports from Barbados (Flag) to North Macedonia (Flag) (2022)

Latest Data

Trade between North Macedonia (Flag) and Barbados (Flag)

North Macedonia Exports

Date

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$3.96B
Barbados
Top Destination
United States$88.6M

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

In 2021, countries that imported more from North Macedonia than Barbados were Germany ($3.96B), Serbia ($800M), and Greece ($683M).

In 2021, countries that imported more from Barbados than North Macedonia were Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Guyana ($29.7M).

Difference in imports from Barbados (Flag) and North Macedonia (Flag) (2022)

Comparative Advantage North Macedonia - Barbados

Flow
Scale

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

During 2021, North Macedonia had a large net trade with Barbados in the exports of .

During 2022, Barbados had a large net trade with North Macedonia in the exports of Foodstuffs ($7.06k) and Plastics and Rubbers ($21).

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 North Macedonia has comparative advantage over Barbados. Similarly, the more yellow a dot/product is, the more Barbados has comparative advantage over North Macedonia.

Product Space of North Macedonia (Flag) and Barbados (Flag) (2022)

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