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2022
Flag → Flag
Exports $253kRnk 31 / 90
2022
Flag → Flag
Top Product $234kRefrigerators
2022
Flag → Flag
Exports $2.27MRnk 21 / 139
2022
Flag → Flag
Top Product $1.15MPackaged Medicaments
2022
Flag
 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

British Virgin Islands-Barbados Trade: In 2022, British Virgin Islands exported $253k to Barbados. The main products that British Virgin Islands exported to Barbados were Refrigerators ($234k), Other Footwear ($5.15k), and Computers ($3.63k). Over the past 5 years the exports of British Virgin Islands to Barbados have increased at an annualized rate of 61.2%, from $23.3k in 2017 to $253k in 2022.

In 2022, British Virgin Islands did not export any services to Barbados.

Barbados-British Virgin Islands Trade: In 2022, Barbados exported $2.27M to British Virgin Islands. The main products that Barbados exported to British Virgin Islands were Packaged Medicaments ($1.15M), Hard Liquor ($320k), and Poultry ($196k). Over the past 5 years the exports of Barbados to British Virgin Islands have decreased at an annualized rate of 8.17%,  from $3.47M in 2017 to $2.27M in 2022.

In 2022, Barbados did not export any services to British Virgin Islands.

Comparison In 2022,  British Virgin Islands ranked 185 in total exports ($206M). That same year, Barbados ranked 176 in total exports ($393M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, British Virgin Islands exported $253k to Barbados. The main products exported from British Virgin Islands to Barbados were Refrigerators ($234k), Other Footwear ($5.15k), and Computers ($3.63k). During the last 5 years the exports of British Virgin Islands to Barbados have increased at an annualized rate of 61.2%, from $23.3k in 2017 to $253k in 2022.

In 2017, Barbados exported $2.27M to British Virgin Islands. The main products exported from Barbados to British Virgin Islands were Packaged Medicaments ($1.15M), Hard Liquor ($320k), and Poultry ($196k). During the last 5 years the exports of Barbados to British Virgin Islands have decreased at an annualized rate of 8.17%, from $3.47M in 2022 to $2.27M in 2017.

Exports from British Virgin Islands (Flag) to Barbados (Flag) (2022)

Exports from Barbados (Flag) to British Virgin Islands (Flag) (2022)

Latest Data

Trade between British Virgin Islands (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
British Virgin Islands
Top DestinationMalta$85.8M
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from British Virgin Islands than Barbados included Malta ($85.8M), Brazil ($23M), and Switzerland ($19.1M).

In 2022, countries that imported more from Barbados than British Virgin Islands included United States ($88.6M), Jamaica ($43.3M), and Trinidad and Tobago ($33.8M).

Difference in imports from Barbados (Flag) and British Virgin Islands (Flag) (2022)

Comparative Advantage British Virgin Islands - Barbados

Flow
Scale

This chart compares trade between British Virgin Islands and Barbados by product, considering products traded by both, British Virgin Islands and Barbados.

During 2022, British Virgin Islands had a large net trade with Barbados in the exports of Machines ($243k), Footwear and Headwear ($5.27k), and Textiles ($2.32k).

During 2017, Barbados had a large net trade with British Virgin Islands in the exports of Chemical Products ($1.46M), Foodstuffs ($450k), and Animal Products ($196k).

Economic Complexity

Competitive Landscape

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

Product Space of British Virgin Islands (Flag) and Barbados (Flag) (2022)

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