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Pricing

2022
Flag → Flag
Exports $4.25MRnk 142 / 208
2022
Flag → Flag
Top Product $955kOther Aluminium Products
2022
Flag → Flag
Exports $6.95kRnk 117 / 139
2022
Flag → Flag
Top Product $3.79kNon-Knit Men's Suits
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 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 $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Portugal-Barbados Trade: In 2022, Portugal exported $4.25M to Barbados. The main products that Portugal exported to Barbados were Other Aluminium Products ($955k), Iron Blocks ($882k), and Aluminium Structures ($741k). Over the past 5 years the exports of Portugal to Barbados have increased at an annualized rate of 6.27%, from $3.14M in 2017 to $4.25M in 2022.

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

Barbados-Portugal Trade: In 2022, Barbados exported $6.95k to Portugal. The main products that Barbados exported to Portugal were Non-Knit Men's Suits ($3.79k), Paintings ($1.15k), and Hard Liquor ($699). Over the past 5 years the exports of Barbados to Portugal have increased at an annualized rate of 8.71%,  from $4.58k in 2017 to $6.95k in 2022.

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

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 48 in total exports ($81.7B). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Portugal exported €101k and imported €0 from Barbados, resulting in a positive trade balance of €101k. Between August 2023 and August 2024 the exports of Portugal have decreased by €-24.1k (-19.2%) from €125k to €101k, while imports remained the same by €0 (N/A%) from €0 to €0.

Trade In August 2024, the top exports of Portugal to Barbados were Aluminum articles (€130k), Paper articles (€125k), Electrical machinery and electronics (€2.15k), Used clothes & textile articles (€565), and Headgear (€322). In August 2024 the top imports of Portugal from Barbados were Live animals (€0), Meat & edible offal (€0), Fish, crustaceans, & molluscs (€0), Edible products of animal origin, n.e.s. (€0), and Animal originated products, n.e.s. (€0).

Growth In August 2024, the decrease in Portugal's year-by-year exports to Barbados was explained primarily by an decrease in product exports in Non-knitted clothing accesories (€-2.3k or -100%) and Machinery, mechanical appliances, & parts (€-73 or -100%). In August 2024, the change in Portugal's year-by-year imports  from Barbados was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-24.1k(-19.2%)
IMPORT GROWTH (August 2023 - August 2024)€0(N/A%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Barbados and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Barbados and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $4.25M to Barbados. The main products exported from Portugal to Barbados were Other Aluminium Products ($955k), Iron Blocks ($882k), and Aluminium Structures ($741k). During the last 5 years the exports of Portugal to Barbados have increased at an annualized rate of 6.27%, from $3.14M in 2017 to $4.25M in 2022.

In 2017, Barbados exported $6.95k to Portugal. The main products exported from Barbados to Portugal were Non-Knit Men's Suits ($3.79k), Paintings ($1.15k), and Hard Liquor ($699). During the last 5 years the exports of Barbados to Portugal have increased at an annualized rate of 8.71%, from $4.58k in 2022 to $6.95k in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Portugal than Barbados included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

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

Comparative Advantage Portugal - Barbados

Flow
Scale

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

During 2022, Portugal had a large net trade with Barbados in the exports of Metals ($2.67M), Paper Goods ($667k), and Wood Products ($513k).

During 2017, Barbados had a large net trade with Portugal in the exports of Textiles ($4.05k), Arts and Antiques ($1.15k), and Foodstuffs ($699).

Economic Complexity

Competitive Landscape

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

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

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