2022
Flag  
GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC 
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186

About

South Africa-Barbados Trade: In 2022, South Africa exported $3.14M to Barbados. The main products that South Africa exported to Barbados were Delivery Trucks ($1.8M), Wine ($326k), and Fruit Juice ($320k). Over the past 5 years the exports of South Africa to Barbados have increased at an annualized rate of 14.8%, from $1.57M in 2017 to $3.14M in 2022.

In 2022, South Africa did not export any services to Barbados.

Barbados-South Africa Trade: In 2022, Barbados exported $991k to South Africa. The main products that Barbados exported to South Africa were Railway Cargo Containers ($781k), Hard Liquor ($185k), and Orthopedic Appliances ($20k). Over the past 5 years the exports of Barbados to South Africa have decreased at an annualized rate of 15.5%,  from $2.3M in 2017 to $991k in 2022.

In 2022, Barbados did not export any services to South Africa.

Comparison In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076),  and 34 in total exports ($147B). 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, South Africa exported $3.14M to Barbados. The main products exported from South Africa to Barbados were Delivery Trucks ($1.8M), Wine ($326k), and Fruit Juice ($320k). During the last 5 years the exports of South Africa to Barbados have increased at an annualized rate of 14.8%, from $1.57M in 2017 to $3.14M in 2022.

In 2017, Barbados exported $991k to South Africa. The main products exported from Barbados to South Africa were Railway Cargo Containers ($781k), Hard Liquor ($185k), and Orthopedic Appliances ($20k). During the last 5 years the exports of Barbados to South Africa have decreased at an annualized rate of 15.5%, from $2.3M in 2022 to $991k in 2017.

Exports from South Africa (Flag) to Barbados (Flag) (2022)

Exports from Barbados (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Barbados
Top Destination
United States$88.6M

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 2022, countries that imported more from South Africa than Barbados included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2022, countries that imported more from Barbados than South Africa included Jamaica ($43.3M), Trinidad and Tobago ($33.8M), and Saint Lucia ($20.8M).

Difference in imports from Barbados (Flag) and South Africa (Flag) (2022)

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 2022, South Africa had a large net trade with Barbados in the exports of Transportation ($1.8M), Foodstuffs ($811k), and Mineral Products ($161k).

During 2017, Barbados had a large net trade with South Africa in the exports of Transportation ($781k), Foodstuffs ($186k), and Instruments ($20k).

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) (2022)

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