2023
Flag  
GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 195
2023
Flag
 GDP
$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH
25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC 
$8,624CURRENT US$
Rnk 92 / 195
2013-2023
Flag
GDP PC GROWTH
53.3%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC
$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH
23.3%CURRENT US$
Rnk 93 / 195

About

North Macedonia-Barbados Trade: In 2023, North Macedonia exported $100 to Barbados. The main products that North Macedonia exported to Barbados were Other Animals ($100). Over the past 8 years the exports of North Macedonia to Barbados have decreased at an annualized rate of 21.5%, from $696 in 2015 to $100 in 2023.

In 2023, North Macedonia did not export any services to Barbados.

Barbados-North Macedonia Trade: In 2023, Barbados exported $11.8k to North Macedonia. The main products that Barbados exported to North Macedonia were Hard Liquor ($11.8k). Over the past 8 years the exports of Barbados to North Macedonia have decreased at an annualized rate of 3.38%,  from $14k in 2015 to $11.8k in 2023.

In 2023, Barbados did not export any services to North Macedonia.

Comparison In 2023,  North Macedonia ranked 104 in total exports ($10.1B). That same year, Barbados ranked 171 in total exports ($421M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, North Macedonia exported $100 to Barbados. The main products exported from North Macedonia to Barbados were Other Animals ($100). During the last 8 years the exports of North Macedonia to Barbados have decreased at an annualized rate of 21.5%, from $696 in 2015 to $100 in 2023.

In 2018, Barbados exported $11.8k to North Macedonia. The main products exported from Barbados to North Macedonia were Hard Liquor ($11.8k). During the last 5 years the exports of Barbados to North Macedonia have decreased at an annualized rate of 3.38%, from $14k in 2023 to $11.8k in 2018.

Exports from North Macedonia (Flag) to Barbados (Flag) (2023)

Exports from Barbados (Flag) to North Macedonia (Flag) (2023)

Latest Data

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

North Macedonia Exports

Date

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$4B
Barbados
Top Destination
United States$91M

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 2023, countries that imported more from North Macedonia than Barbados included Germany ($4B), Serbia ($827M), and Bulgaria ($566M).

In 2023, countries that imported more from Barbados than North Macedonia included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Guyana ($24.6M).

Difference in imports from Barbados (Flag) and North Macedonia (Flag) (2023)

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 2023, North Macedonia had a large net trade with Barbados in the exports of Animal Products ($100).

During 2018, Barbados had a large net trade with North Macedonia in the exports of Foodstuffs ($11.8k).

Economic Complexity

Competitive Landscape

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

Product Space of North Macedonia (Flag) and Barbados (Flag) (2023)

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