2023
Flag  
GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
 GDP
$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH
25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC 
$6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC
$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH
23.3%CURRENT US$
Rnk 93 / 195

About

South Africa-Barbados Trade: In 2023, South Africa exported $5.96M to Barbados. The main products that South Africa exported to Barbados were Refined Petroleum ($1.63M), Delivery Trucks ($1.46M), and Hot-Rolled Iron Bars ($1.43M). Over the past 5 years the exports of South Africa to Barbados have increased at an annualized rate of 20%, from $2.4M in 2018 to $5.96M in 2023.

In 2023, South Africa did not export any services to Barbados.

Barbados-South Africa Trade: In 2023, Barbados exported $578k to South Africa. The main products that Barbados exported to South Africa were Railway Cargo Containers ($367k), Hard Liquor ($174k), and Orthopedic Appliances ($30.7k). Over the past 5 years the exports of Barbados to South Africa have decreased at an annualized rate of 16.4%,  from $1.42M in 2018 to $578k in 2023.

In 2023, Barbados did not export any services to South Africa.

Comparison In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07),  and 34 in total exports ($154B). That same year, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $5.96M to Barbados. The main products exported from South Africa to Barbados were Refined Petroleum ($1.63M), Delivery Trucks ($1.46M), and Hot-Rolled Iron Bars ($1.43M). During the last 5 years the exports of South Africa to Barbados have increased at an annualized rate of 20%, from $2.4M in 2018 to $5.96M in 2023.

In 2018, Barbados exported $578k to South Africa. The main products exported from Barbados to South Africa were Railway Cargo Containers ($367k), Hard Liquor ($174k), and Orthopedic Appliances ($30.7k). During the last 5 years the exports of Barbados to South Africa have decreased at an annualized rate of 16.4%, from $1.42M in 2023 to $578k in 2018.

Exports from South Africa (Flag) to Barbados (Flag) (2023)

Exports from Barbados (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top Destination
China$29.5B
Barbados
Top Destination
United States$91M

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

In 2023, countries that imported more from South Africa than Barbados included China ($29.5B), United States ($13B), and Germany ($10.8B).

In 2023, countries that imported more from Barbados than South Africa included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Saint Lucia ($19.5M).

Difference in imports from Barbados (Flag) and South Africa (Flag) (2023)

Comparative Advantage South Africa - Barbados

Flow
Scale

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

During 2023, South Africa had a large net trade with Barbados in the exports of Metals ($1.94M), Mineral Products ($1.63M), and Transportation ($1.46M).

During 2018, Barbados had a large net trade with South Africa in the exports of Transportation ($367k), Foodstuffs ($174k), and Instruments ($31.3k).

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and Barbados (Flag) (2023)

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