Barbados / Canada

Barbados-Canada Trade: In 2022, Barbados exported $21.6M to Canada. The main products that Barbados exported to Canada were Hard Liquor ($7.68M), Scrap Iron ($5.03M), and Alcohol > 80% ABV ($4.91M). Over the past 5 years the exports of Barbados to Canada have increased at an annualized rate of 11.7%, from $12.4M in 2017 to $21.6M in 2022.

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

Canada-Barbados Trade: In 2022, Canada exported $44M to Barbados. The main products that Canada exported to Barbados were Pig Meat ($5.87M), Processed Fish ($3.08M), and Monofilament ($2.12M). Over the past 5 years the exports of Canada to Barbados have increased at an annualized rate of 4.89%,  from $34.7M in 2017 to $44M in 2022.

In 2020, Canada exported services to Barbados worth $160M, with Financial services ($65.6M), Insurance services ($38M), and Royalties and license fees ($35M) being the largest in terms of value.

Comparison In 2022,  Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index. That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).