Turkey (TUR) and Barbados (BRB) Trade | The Observatory of Economic Complexity

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Turkey-Barbados Trade: In 2022, Turkey exported $27.8M to Barbados. The main products that Turkey exported to Barbados were Passenger and Cargo Ships ($6.2M), Cement ($4.89M), and Refined Petroleum ($4.17M). Over the past 5 years the exports of Turkey to Barbados have increased at an annualized rate of 32.2%, from $6.88M in 2017 to $27.8M in 2022.

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

Barbados-Turkey Trade: In 2022, Barbados exported $124k to Turkey. The main products that Barbados exported to Turkey were Hard Liquor ($112k), Railway Cargo Containers ($7.49k), and Oscilloscopes ($1k). Over the past 5 years the exports of Barbados to Turkey have decreased at an annualized rate of 43.7%, from $2.19M in 2017 to $124k in 2022.

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

Comparison In 2022, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). 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, Turkey exported $27.8M to Barbados. The main products exported from Turkey to Barbados were Passenger and Cargo Ships ($6.2M), Cement ($4.89M), and Refined Petroleum ($4.17M). During the last 5 years the exports of Turkey to Barbados have increased at an annualized rate of 32.2%, from $6.88M in 2017 to $27.8M in 2022.

In 2017, Barbados exported $124k to Turkey. The main products exported from Barbados to Turkey were Hard Liquor ($112k), Railway Cargo Containers ($7.49k), and Oscilloscopes ($1k). During the last 5 years the exports of Barbados to Turkey have decreased at an annualized rate of 43.7%, from $2.19M in 2022 to $124k in 2017.

Exports from Turkey () to Barbados () (2022)

Exports from Barbados () to Turkey () (2022)

Latest Data

Trade between Turkey () and Barbados ()

Turkey Exports

Date

Barbados Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$21.9B

Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Turkey than Barbados included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2022, countries that imported more from Barbados than Turkey included Saint Lucia ($20.8M), Grenada ($13.5M), and Dominica ($5.47M).

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

Comparative Advantage Turkey - Barbados

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkey had a large net trade with Barbados in the exports of Mineral Products ($9.07M), Transportation ($6.34M), and Metals ($3.02M).

During 2017, Barbados had a large net trade with Turkey in the exports of Foodstuffs ($113k), Transportation ($7.49k), and Machines ($1.09k).

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

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Historical Data

Bilateral Trade by Products

Exports from Turkey () to Barbados () (2022)

Exports from Barbados () to Turkey () (2022)

Latest Data

Trade between Turkey () and Barbados ()

Turkey Exports

Barbados Exports

Market Competitiveness

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

Comparative Advantage Turkey - Barbados

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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