Barbados (BRB) and India (IND) Trade | The Observatory of Economic Complexity

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Barbados-India Trade: In 2022, Barbados exported $1.29M to India. The main products that Barbados exported to India were Industrial Fatty Acids, Oils and Alcohols ($525k), Scrap Iron ($352k), and Electrical Parts ($215k). Over the past 5 years the exports of Barbados to India have increased at an annualized rate of 75.9%, from $76.6k in 2017 to $1.29M in 2022.

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

India-Barbados Trade: In 2022, India exported $22.2M to Barbados. The main products that India exported to Barbados were Cars ($8.35M), Packaged Medicaments ($2.39M), and Coated Flat-Rolled Iron ($2.31M). Over the past 5 years the exports of India to Barbados have increased at an annualized rate of 1.86%, from $17.1M in 2017 to $22.2M in 2022.

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

Comparison In 2022, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index. That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Barbados exported $1.29M to India. The main products exported from Barbados to India were Industrial Fatty Acids, Oils and Alcohols ($525k), Scrap Iron ($352k), and Electrical Parts ($215k). During the last 5 years the exports of Barbados to India have increased at an annualized rate of 75.9%, from $76.6k in 2017 to $1.29M in 2022.

In 2017, India exported $22.2M to Barbados. The main products exported from India to Barbados were Cars ($8.35M), Packaged Medicaments ($2.39M), and Coated Flat-Rolled Iron ($2.31M). During the last 5 years the exports of India to Barbados have increased at an annualized rate of 1.86%, from $17.1M in 2022 to $22.2M in 2017.

Exports from Barbados () to India () (2022)

Exports from India () to Barbados () (2022)

Latest Data

Trade between Barbados () and India ()

Barbados Exports

Date

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Barbados
Top DestinationUnited States$88.6M

India
Top DestinationUnited States$82.9B

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

In 2022, countries that imported more from Barbados than India included Saint Lucia ($20.8M), Saint Vincent and the Grenadines ($14.1M), and Grenada ($13.5M).

In 2022, countries that imported more from India than Barbados included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

Difference in imports from India () and Barbados () (2022)

Comparative Advantage Barbados - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Barbados had a large net trade with India in the exports of Chemical Products ($525k), Metals ($470k), and Machines ($215k).

During 2017, India had a large net trade with Barbados in the exports of Transportation ($9.51M), Metals ($4.47M), and Chemical Products ($3.79M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Barbados () to India () (2022)

Exports from India () to Barbados () (2022)

Latest Data

Trade between Barbados () and India ()

Barbados Exports

India Exports

Market Competitiveness

Difference in imports from India () and Barbados () (2022)

Comparative Advantage Barbados - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Barbados () and India () (2022)

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