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2022
Flag → Flag
Exports $539kRnk 154 / 194
2022
Flag → Flag
Top Product $294kDocuments of title (bonds etc) and unused stamps
2022
Flag → Flag
Exports $23.2kRnk 99 / 139
2022
Flag → Flag
Top Product $21kPlastic Housewares
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC $3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Sri Lanka-Barbados Trade: In 2022, Sri Lanka exported $539k to Barbados. The main products that Sri Lanka exported to Barbados were Documents of title (bonds etc) and unused stamps ($294k), Tea ($79.1k), and Cinnamon ($33.4k). Over the past 5 years the exports of Sri Lanka to Barbados have increased at an annualized rate of 0.16%, from $535k in 2017 to $539k in 2022.

In 2022, Sri Lanka did not export any services to Barbados.

Barbados-Sri Lanka Trade: In 2022, Barbados exported $23.2k to Sri Lanka. The main products that Barbados exported to Sri Lanka were Plastic Housewares ($21k), Computers ($1.49k), and Electrical Resistors ($715). Over the past 5 years the exports of Barbados to Sri Lanka have increased at an annualized rate of 37%,  from $2.55k in 2017 to $23.2k in 2022.

In 2022, Barbados did not export any services to Sri Lanka.

Comparison In 2022,  Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35),  and 89 in total exports ($14.8B). 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
Value

In 2022, Sri Lanka exported $539k to Barbados. The main products exported from Sri Lanka to Barbados were Documents of title (bonds etc) and unused stamps ($294k), Tea ($79.1k), and Cinnamon ($33.4k). During the last 5 years the exports of Sri Lanka to Barbados have increased at an annualized rate of 0.16%, from $535k in 2017 to $539k in 2022.

In 2017, Barbados exported $23.2k to Sri Lanka. The main products exported from Barbados to Sri Lanka were Plastic Housewares ($21k), Computers ($1.49k), and Electrical Resistors ($715). During the last 5 years the exports of Barbados to Sri Lanka have increased at an annualized rate of 37%, from $2.55k in 2022 to $23.2k in 2017.

Exports from Sri Lanka (Flag) to Barbados (Flag) (2022)

Exports from Barbados (Flag) to Sri Lanka (Flag) (2022)

Latest Data

Trade between Sri Lanka (Flag) and Barbados (Flag)

Barbados Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Sri Lanka than Barbados included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

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

Difference in imports from Barbados (Flag) and Sri Lanka (Flag) (2022)

Comparative Advantage Sri Lanka - Barbados

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Barbados in the exports of Paper Goods ($294k), Vegetable Products ($169k), and Foodstuffs ($26.7k).

During 2017, Barbados had a large net trade with Sri Lanka in the exports of Plastics and Rubbers ($21k), Machines ($2.2k), and Miscellaneous ($6).

Economic Complexity

Competitive Landscape

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

Product Space of Sri Lanka (Flag) and Barbados (Flag) (2022)

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