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2022
Flag → Flag
Exports $763Rnk 158 / 164
2022
Flag → Flag
Top Product $763Electrical Transformers
2022
Flag → Flag
Exports $7.17kRnk 115 / 139
2022
Flag → Flag
Top Product $5.71kSynthetic Coloring Matter
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 116 / 133
2022
Flag  
GDP$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH90.9%CURRENT US$
Rnk 18 / 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 $1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH39.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Tanzania-Barbados Trade: In 2022, Tanzania exported $763 to Barbados. The main products that Tanzania exported to Barbados were Electrical Transformers ($763). Over the past 5 years the exports of Tanzania to Barbados have decreased at an annualized rate of 47.1%, from $18.4k in 2017 to $763 in 2022.

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

Barbados-Tanzania Trade: In 2022, Barbados exported $7.17k to Tanzania. The main products that Barbados exported to Tanzania were Synthetic Coloring Matter ($5.71k), Air Pumps ($794), and Hard Liquor ($590). Over the past 5 years the exports of Barbados to Tanzania have increased at an annualized rate of 7.31%,  from $5.04k in 2017 to $7.17k in 2022.

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

Comparison In 2022,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08),  and 104 in total exports ($10B). 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 2022, Tanzania exported $763 to Barbados. The main products exported from Tanzania to Barbados were Electrical Transformers ($763). During the last 5 years the exports of Tanzania to Barbados have decreased at an annualized rate of 47.1%, from $18.4k in 2017 to $763 in 2022.

In 2017, Barbados exported $7.17k to Tanzania. The main products exported from Barbados to Tanzania were Synthetic Coloring Matter ($5.71k), Air Pumps ($794), and Hard Liquor ($590). During the last 5 years the exports of Barbados to Tanzania have increased at an annualized rate of 7.31%, from $5.04k in 2022 to $7.17k in 2017.

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

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

Latest Data

Trade between Tanzania (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Tanzania
Top DestinationIndia$2.73B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Tanzania than Barbados included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

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

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

Comparative Advantage Tanzania - Barbados

Flow
Scale

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

During 2022, Tanzania had a large net trade with Barbados in the exports of Machines ($763).

During 2017, Barbados had a large net trade with Tanzania in the exports of Chemical Products ($5.76k), Machines ($794), and Foodstuffs ($590).

Economic Complexity

Competitive Landscape

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

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

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