Indonesia (IDN) and Barbados (BRB) Trade | The Observatory of Economic Complexity

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Indonesia-Barbados Trade: In 2022, Indonesia exported $4.84M to Barbados. The main products that Indonesia exported to Barbados were Cars ($2.45M), Margarine ($543k), and Non-fillet Frozen Fish ($389k). Over the past 5 years the exports of Indonesia to Barbados have decreased at an annualized rate of 6.68%, from $6.83M in 2017 to $4.84M in 2022.

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

Barbados-Indonesia Trade: In 2022, Barbados exported $140k to Indonesia. The main products that Barbados exported to Indonesia were Natural Polymers ($56.6k), Carbonates ($48.1k), and Electrical Resistors ($23.1k). Over the past 5 years the exports of Barbados to Indonesia have decreased at an annualized rate of 6.64%, from $198k in 2017 to $140k in 2022.

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

Comparison In 2022, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Indonesia exported $4.84M to Barbados. The main products exported from Indonesia to Barbados were Cars ($2.45M), Margarine ($543k), and Non-fillet Frozen Fish ($389k). During the last 5 years the exports of Indonesia to Barbados have decreased at an annualized rate of 6.68%, from $6.83M in 2017 to $4.84M in 2022.

In 2017, Barbados exported $140k to Indonesia. The main products exported from Barbados to Indonesia were Natural Polymers ($56.6k), Carbonates ($48.1k), and Electrical Resistors ($23.1k). During the last 5 years the exports of Barbados to Indonesia have decreased at an annualized rate of 6.64%, from $198k in 2022 to $140k in 2017.

Exports from Indonesia () to Barbados () (2022)

Exports from Barbados () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Barbados ()

Indonesia Exports

Date

Barbados Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$67.7B

Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Indonesia than Barbados included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

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

Comparative Advantage Indonesia - Barbados

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Indonesia had a large net trade with Barbados in the exports of Transportation ($2.72M), Animal and Vegetable Bi-Products ($633k), and Animal Products ($390k).

During 2017, Barbados had a large net trade with Indonesia in the exports of Plastics and Rubbers ($56.6k), Chemical Products ($48.1k), and Machines ($24.4k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Barbados () (2022)

Exports from Barbados () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Barbados ()

Indonesia Exports

Barbados Exports

Market Competitiveness

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

Comparative Advantage Indonesia - Barbados

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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