2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC 
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186

About

Barbados-Malawi Trade: In 2018, Barbados exported $16.6k to Malawi. The main products that Barbados exported to Malawi were N/A. Over the past 13 years the exports of Barbados to Malawi have increased at an annualized rate of 24.4%, from $975 in 2005 to $16.6k in 2018.

In 2018, Barbados did not export any services to Malawi.

Malawi-Barbados Trade: In 2018, Malawi exported $1.91k to Barbados. The main products that Malawi exported to Barbados were Other Animals ($1.91k). Over the past 13 years the exports of Malawi to Barbados have decreased at an annualized rate of 22.1%,  from $29.8k in 2005 to $1.91k in 2018.

In 2018, Malawi did not export any services to Barbados.

Comparison In 2022,  Barbados ranked 176 in total exports ($393M). That same year, Malawi ranked 157 in total exports ($1.19B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Barbados exported $16.6k to Malawi. There were not main exports from Barbados to Malawi in 2018. During the last 13 years the exports of Barbados to Malawi have increased at an annualized rate of 24.4%, from $975 in 2005 to $16.6k in 2018.

In 2017, Malawi exported $1.91k to Barbados. The main products exported from Malawi to Barbados were Other Animals ($1.91k). During the last 5 years the exports of Malawi to Barbados have decreased at an annualized rate of 22.1%, from $29.8k in 2022 to $1.91k in 2017.

Exports from Barbados (Flag) to Malawi (Flag) (2022)

Exports from Malawi (Flag) to Barbados (Flag) (2022)

Latest Data

Trade between Barbados (Flag) and Malawi (Flag)

Barbados Exports

Date

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
Malawi
Top Destination
United Arab Emirates$255M

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

In 2022, countries that imported more from Barbados than Malawi included Jamaica ($43.3M), United States ($88.6M), and Trinidad and Tobago ($33.8M).

In 2022, countries that imported more from Malawi than Barbados included United Arab Emirates ($255M), Belgium ($143M), and Tanzania ($72.8M).

Difference in imports from Malawi (Flag) and Barbados (Flag) (2022)

Comparative Advantage Barbados - Malawi

Flow
Scale

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

During 2018, Barbados had a large net trade with Malawi in the exports of .

During 2017, Malawi had a large net trade with Barbados in the exports of Animal Products ($1.91k).

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Malawi (Flag) (2022)

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