Vietnam (VNM) and Barbados (BRB) Trade | The Observatory of Economic Complexity

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Vietnam-Barbados Trade: In 2022, Vietnam exported $731k to Barbados. The main products that Vietnam exported to Barbados were Other Furniture ($116k), Non-fillet Frozen Fish ($114k), and Plastic Lids ($112k). Over the past 5 years the exports of Vietnam to Barbados have decreased at an annualized rate of 30.4%, from $4.47M in 2017 to $731k in 2022.

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

Barbados-Vietnam Trade: In 2022, Barbados exported $212k to Vietnam. The main products that Barbados exported to Vietnam were Orthopedic Appliances ($121k) and Scrap Aluminium ($90.7k). Over the past 5 years the exports of Barbados to Vietnam have increased at an annualized rate of 8.07%, from $144k in 2017 to $212k in 2022.

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

Comparison In 2022, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). 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, Vietnam exported $731k to Barbados. The main products exported from Vietnam to Barbados were Other Furniture ($116k), Non-fillet Frozen Fish ($114k), and Plastic Lids ($112k). During the last 5 years the exports of Vietnam to Barbados have decreased at an annualized rate of 30.4%, from $4.47M in 2017 to $731k in 2022.

In 2017, Barbados exported $212k to Vietnam. The main products exported from Barbados to Vietnam were Orthopedic Appliances ($121k) and Scrap Aluminium ($90.7k). During the last 5 years the exports of Barbados to Vietnam have increased at an annualized rate of 8.07%, from $144k in 2022 to $212k in 2017.

Exports from Vietnam () to Barbados () (2022)

Exports from Barbados () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Barbados ()

Barbados Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$117B

Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Vietnam than Barbados included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from Barbados than Vietnam included Guyana ($29.7M), Jamaica ($43.3M), and Saint Lucia ($20.8M).

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

Comparative Advantage Vietnam - Barbados

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vietnam had a large net trade with Barbados in the exports of Animal Products ($161k), Foodstuffs ($137k), and Miscellaneous ($116k).

During 2017, Barbados had a large net trade with Vietnam in the exports of Instruments ($121k) and Metals ($90.7k).

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

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Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Barbados () (2022)

Exports from Barbados () to Vietnam () (2022)

Latest Data

Trade between Vietnam () and Barbados ()

Barbados Exports

Market Competitiveness

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

Comparative Advantage Vietnam - Barbados

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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