Barbados (BRB) and Spain (ESP) Trade | The Observatory of Economic Complexity

About

Barbados-Spain Trade: In 2022, Barbados exported $1.7M to Spain. The main products that Barbados exported to Spain were Alcohol > 80% ABV ($1.02M), Hard Liquor ($517k), and Railway Cargo Containers ($95.7k). Over the past 5 years the exports of Barbados to Spain have increased at an annualized rate of 24.3%, from $574k in 2017 to $1.7M in 2022.

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

Spain-Barbados Trade: In 2022, Spain exported $19.4M to Barbados. The main products that Spain exported to Barbados were Hot-Rolled Iron Bars ($7.12M), Unglazed Ceramics ($1.53M), and Cellulose Fibers Paper ($1.32M). Over the past 5 years the exports of Spain to Barbados have increased at an annualized rate of 12.6%, from $10.7M in 2017 to $19.4M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Barbados exported $1.7M to Spain. The main products exported from Barbados to Spain were Alcohol > 80% ABV ($1.02M), Hard Liquor ($517k), and Railway Cargo Containers ($95.7k). During the last 5 years the exports of Barbados to Spain have increased at an annualized rate of 24.3%, from $574k in 2017 to $1.7M in 2022.

In 2017, Spain exported $19.4M to Barbados. The main products exported from Spain to Barbados were Hot-Rolled Iron Bars ($7.12M), Unglazed Ceramics ($1.53M), and Cellulose Fibers Paper ($1.32M). During the last 5 years the exports of Spain to Barbados have increased at an annualized rate of 12.6%, from $10.7M in 2022 to $19.4M in 2017.

Exports from Barbados () to Spain () (2022)

Exports from Spain () to Barbados () (2022)

Latest Data

Trade between Barbados () and Spain ()

Barbados Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Barbados
Top DestinationUnited States$88.6M

Spain
Top DestinationFrance$65.2B

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

In 2022, countries that imported more from Barbados than Spain included Guyana ($29.7M), Saint Lucia ($20.8M), and Saint Vincent and the Grenadines ($14.1M).

In 2022, countries that imported more from Spain than Barbados included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Barbados - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Barbados had a large net trade with Spain in the exports of Foodstuffs ($1.53M), Transportation ($95.7k), and Instruments ($31k).

During 2017, Spain had a large net trade with Barbados in the exports of Metals ($9.81M), Machines ($2.72M), and Stone And Glass ($2.02M).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Barbados () to Spain () (2022)

Exports from Spain () to Barbados () (2022)

Latest Data

Trade between Barbados () and Spain ()

Barbados Exports

Spain Exports

Market Competitiveness

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

Comparative Advantage Barbados - Spain

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring