Rwanda (RWA) and Barbados (BRB) Trade | The Observatory of Economic Complexity

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Rwanda-Barbados Trade: In 2015, Rwanda exported $87 to Barbados. The main products that Rwanda exported to Barbados were N/A. Over the past 7 years the exports of Rwanda to Barbados have increased at an annualized rate of 4.25%, from $65 in 2008 to $87 in 2015.

In 2015, Rwanda did not export any services to Barbados.

Barbados-Rwanda Trade: In 2015, Barbados exported $54.2k to Rwanda. The main products that Barbados exported to Rwanda were Natural Polymers ($54.1k) and Musical Instrument Parts ($81). Over the past 7 years the exports of Barbados to Rwanda have increased at an annualized rate of 28.2%, from $294 in 2008 to $54.2k in 2015.

In 2015, Barbados did not export any services to Rwanda.

Comparison In 2022, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2015, Rwanda exported $87 to Barbados. There were not main exports from Rwanda to Barbados in 2015. During the last 7 years the exports of Rwanda to Barbados have increased at an annualized rate of 4.25%, from $65 in 2008 to $87 in 2015.

In 2017, Barbados exported $54.2k to Rwanda. The main products exported from Barbados to Rwanda were Natural Polymers ($54.1k) and Musical Instrument Parts ($81). During the last 5 years the exports of Barbados to Rwanda have increased at an annualized rate of 28.2%, from $294 in 2022 to $54.2k in 2017.

Exports from Rwanda () to Barbados () (2022)

Exports from Barbados () to Rwanda () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Rwanda
Top DestinationUnited Arab Emirates$568M

Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Rwanda than Barbados included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Thailand ($83.9M).

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

Difference in imports from Barbados () and Rwanda () (2022)

Comparative Advantage Rwanda - Barbados

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2015, Rwanda had a large net trade with Barbados in the exports of .

During 2017, Barbados had a large net trade with Rwanda in the exports of Plastics and Rubbers ($54.1k) and Instruments ($81).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Rwanda () to Barbados () (2022)

Exports from Barbados () to Rwanda () (2022)

Market Competitiveness

Difference in imports from Barbados () and Rwanda () (2022)

Comparative Advantage Rwanda - Barbados

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Rwanda () and Barbados () (2022)

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