2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 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 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 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

Netherlands-Barbados Trade: In 2023, Netherlands exported $145M to Barbados. The main products that Netherlands exported to Barbados were Refined Petroleum ($105M), Other Frozen Vegetables ($4.11M), and Prefabricated Buildings ($3.86M). Over the past 5 years the exports of Netherlands to Barbados have increased at an annualized rate of 29.1%, from $40.4M in 2018 to $145M in 2023.

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

Barbados-Netherlands Trade: In 2023, Barbados exported $2.26M to Netherlands. The main products that Barbados exported to Netherlands were Hard Liquor ($1.86M), Paper Labels ($145k), and Tool Sets ($98.6k). Over the past 5 years the exports of Barbados to Netherlands have decreased at an annualized rate of 12.7%,  from $4.45M in 2018 to $2.26M in 2023.

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

Comparison In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08),  and 9 in total exports ($599B). That same year, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $145M to Barbados. The main products exported from Netherlands to Barbados were Refined Petroleum ($105M), Other Frozen Vegetables ($4.11M), and Prefabricated Buildings ($3.86M). During the last 5 years the exports of Netherlands to Barbados have increased at an annualized rate of 29.1%, from $40.4M in 2018 to $145M in 2023.

In 2018, Barbados exported $2.26M to Netherlands. The main products exported from Barbados to Netherlands were Hard Liquor ($1.86M), Paper Labels ($145k), and Tool Sets ($98.6k). During the last 5 years the exports of Barbados to Netherlands have decreased at an annualized rate of 12.7%, from $4.45M in 2023 to $2.26M in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Barbados
Top Destination
United States$91M

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

In 2023, countries that imported more from Netherlands than Barbados included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Barbados than Netherlands included Saint Lucia ($19.5M), Saint Kitts and Nevis ($5.39M), and Grenada ($13.4M).

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

Comparative Advantage Netherlands - Barbados

Flow
Scale

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

During 2023, Netherlands had a large net trade with Barbados in the exports of Mineral Products ($106M), Foodstuffs ($7.22M), and Vegetable Products ($6.02M).

During 2018, Barbados had a large net trade with Netherlands in the exports of Foodstuffs ($1.86M), Paper Goods ($145k), and Metals ($98.6k).

Economic Complexity

Competitive Landscape

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

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

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