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Pricing

2022
Flag → Flag
Exports $859MRnk 86 / 219
2022
Flag → Flag
Top Product $224MRefined Petroleum
2022
Flag → Flag
Exports $88.6MRnk 1 / 139
2022
Flag → Flag
Top Product $22.5MHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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 $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

United States-Barbados Trade: In 2022, United States exported $859M to Barbados. The main products that United States exported to Barbados were Refined Petroleum ($224M), Trunks and Cases ($20M), and Computers ($17.7M). Over the past 5 years the exports of United States to Barbados have increased at an annualized rate of 8.81%, from $563M in 2017 to $859M in 2022.

In 2022, United States did not export any services to Barbados.

Barbados-United States Trade: In 2022, Barbados exported $88.6M to United States. The main products that Barbados exported to United States were Hard Liquor ($22.5M), Jewellery ($10.9M), and Base Metal Watches ($5.17M). Over the past 5 years the exports of Barbados to United States have decreased at an annualized rate of 2.26%,  from $114M in 2017 to $88.6M in 2022.

In 2022, Barbados did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47),  and 2 in total exports ($1.95T). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as Celebrity Cruises (21) and Diageo Beverages (5) were at the forefront of exporting goods from Barbados to the United States. Conversely, Celebrity Cruises Inc. (21) and The West Indies Rum Distillery (5) were notable for importing products to Barbados from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $55.5M and imported $3.49M from Barbados, resulting in a positive trade balance of $52M. Between August 2023 and August 2024 the exports of United States have increased by $2.25M (4.23%) from $53.2M to $55.5M, while imports increased by $1.34M (62.4%) from $2.15M to $3.49M.

Trade In August 2024, the top exports of United States to Barbados were Refined Petroleum ($27.1M), Commodities not elsewhere specified ($6.42M), Computers ($1.82M), Telephones ($1.26M), and Jewellery ($840k). In August 2024 the top imports of United States from Barbados were Hard Liquor ($1.67M), Orthopedic Appliances ($1.3M), Commodities not elsewhere specified ($569k), Baked Goods ($310k), and Oscilloscopes ($139k).

Origins In August 2024 the exports of United States were mainly from Florida ($29.8M), US Virgin Islands ($3.91M), Georgia ($2.72M), Alabama ($1.74M), and Ohio ($1.62M), while imports destinations were mainly Florida ($1.11M), Michigan ($556k), New York ($519k), Arkansas ($435k), and New Jersey ($251k).

Growth In August 2024, the increase in United States's year-by-year exports to Barbados was explained primarily by an increase in product exports in Commodities not elsewhere specified ($2.19M or 51.9%), Telephones ($690k or 121%), and Computers ($645k or 54.7%). In August 2024, the increase in United States's year-by-year imports  from Barbados was explained primarily by an increase in product imports  in Orthopedic Appliances ($1.14M or 702%), Hard Liquor ($649k or 63.5%), and Baked Goods ($102k or 49%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$2.25M(4.23%)
IMPORT GROWTH (August 2023 - August 2024)$1.34M(62.4%)
MAIN EXPORTER (August 2024)Florida$29.8M

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

To check Barbados and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $859M to Barbados. The main products exported from United States to Barbados were Refined Petroleum ($224M), Trunks and Cases ($20M), and Computers ($17.7M). During the last 5 years the exports of United States to Barbados have increased at an annualized rate of 8.81%, from $563M in 2017 to $859M in 2022.

In 2017, Barbados exported $88.6M to United States. The main products exported from Barbados to United States were Hard Liquor ($22.5M), Jewellery ($10.9M), and Base Metal Watches ($5.17M). During the last 5 years the exports of Barbados to United States have decreased at an annualized rate of 2.26%, from $114M in 2022 to $88.6M in 2017.

Exports from United States (Flag) to Barbados (Flag) (2022)

Exports from Barbados (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from United States than Barbados included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Barbados than United States included North Korea ($62.3k) and Bonaire ($17.2k).

Difference in imports from Barbados (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Barbados

Flow
Scale

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

During 2022, United States had a large net trade with Barbados in the exports of Mineral Products ($237M), Machines ($149M), and Foodstuffs ($67.4M).

During 2017, Barbados had a large net trade with United States in the exports of Foodstuffs ($27.4M), Instruments ($14.7M), and Precious Metals ($12.5M).

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Barbados (Flag) (2022)

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