Bahamas (BHS) and Barbados (BRB) Trade | The Observatory of Economic Complexity

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Bahamas-Barbados Trade: In 2022, Bahamas exported $30M to Barbados. The main products that Bahamas exported to Barbados were Refined Petroleum ($29.9M), Cars ($54.8k), and Recreational Boats ($25.8k). Over the past 5 years the exports of Bahamas to Barbados have decreased at an annualized rate of 0.59%, from $30.9M in 2017 to $30M in 2022.

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

Barbados-Bahamas Trade: In 2022, Barbados exported $5.59M to Bahamas. The main products that Barbados exported to Bahamas were Packaged Medicaments ($1.85M), Pesticides ($1.24M), and Electric Generating Sets ($496k). Over the past 5 years the exports of Barbados to Bahamas have decreased at an annualized rate of 1.73%, from $6.1M in 2017 to $5.59M in 2022.

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

Comparison In 2022, Bahamas ranked 139 in total exports ($2.83B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bahamas exported $30M to Barbados. The main products exported from Bahamas to Barbados were Refined Petroleum ($29.9M), Cars ($54.8k), and Recreational Boats ($25.8k). During the last 5 years the exports of Bahamas to Barbados have decreased at an annualized rate of 0.59%, from $30.9M in 2017 to $30M in 2022.

In 2017, Barbados exported $5.59M to Bahamas. The main products exported from Barbados to Bahamas were Packaged Medicaments ($1.85M), Pesticides ($1.24M), and Electric Generating Sets ($496k). During the last 5 years the exports of Barbados to Bahamas have decreased at an annualized rate of 1.73%, from $6.1M in 2022 to $5.59M in 2017.

Exports from Bahamas () to Barbados () (2022)

Exports from Barbados () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Barbados ()

Barbados Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Bahamas than Barbados included United States ($1.4B), Cote d'Ivoire ($576M), and Germany ($255M).

In 2022, countries that imported more from Barbados than Bahamas included Trinidad and Tobago ($33.8M), Guyana ($29.7M), and Jamaica ($43.3M).

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

Comparative Advantage Bahamas - Barbados

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bahamas had a large net trade with Barbados in the exports of Mineral Products ($29.9M), Transportation ($80.6k), and Machines ($30.6k).

During 2017, Barbados had a large net trade with Bahamas in the exports of Chemical Products ($3.63M), Machines ($1.21M), and Foodstuffs ($513k).

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 Bahamas and Barbados. This means that a dot/product with the flag of Bahamas indicates it has a comparative advantage over Barbados. Similarly, a dot/product with the flag of Barbados indicates it has a comparative advantage over Bahamas.

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Historical Data

Bilateral Trade by Products

Exports from Bahamas () to Barbados () (2022)

Exports from Barbados () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Barbados ()

Barbados Exports

Market Competitiveness

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

Comparative Advantage Bahamas - Barbados

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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