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2022
Flag → Flag
Exports $15.8MRnk 166 / 221
2022
Flag → Flag
Top Product $2.26MWine
2022
Flag → Flag
Exports $586kRnk 43 / 139
2022
Flag → Flag
Top Product $184kScrap Copper
2022
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Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
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GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
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GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Italy-Barbados In 2022, Italy exported $15.8M to Barbados. The main products that Italy exported to Barbados are Wine ($2.26M), Unglazed Ceramics ($1.17M), and Other Furniture ($825k). During the last 27 years the exports of Italy to Barbados have increased at an annualized rate of 4.24%, from $5.17M in 1995 to $15.8M in 2022.

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

Barbados-Italy In 2022, Barbados exported $586k to Italy. The main products that Barbados exported to Italy were Scrap Copper ($184k), Other Plastic Products ($125k), and Hard Liquor ($101k). During the last 27 years the exports of Barbados to Italy have increased at an annualized rate of 2.44%, from $305k in 1995 to $586k in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Barbados, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Barbados were . In N/A the top imports of Italy from Barbados were .

Growth In N/A, the N/A in Italy's year-by-year exports to Barbados was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Barbados was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Barbados and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $15.8M to Barbados. The main products exported from Italy to Barbados were Wine ($2.26M), Unglazed Ceramics ($1.17M), and Other Furniture ($825k). During the last 27 years the exports of Italy to Barbados have increased at an annualized rate of 4.24%, from $5.17M in 1995 to $15.8M in 2022.

In 2022, Barbados exported $586k to Italy. The main products exported from Barbados to Italy were Scrap Copper ($184k), Other Plastic Products ($125k), and Hard Liquor ($101k). During the last 27 years the exports of Barbados to Italy have increased at an annualized rate of 2.44%, from $305k in 1995 to $586k in 2022.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Barbados
Top DestinationUnited States$88.6M

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

In 2021, countries that imported more from Italy than Barbados were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2021, countries that imported more from Barbados than Italy were Saint Lucia ($20.8M), Saint Vincent and the Grenadines ($14.1M), and Grenada ($13.5M).

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

Comparative Advantage Italy - Barbados

Flow
Scale

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

During 2022, Italy had a large net trade with Barbados in the exports of Foodstuffs ($4.71M), Machines ($3.58M), and Stone And Glass ($1.94M).

During 2022, Barbados had a large net trade with Italy in the exports of Metals ($184k), Foodstuffs ($139k), and Plastics and Rubbers ($125k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Barbados. Similarly, the more yellow a dot/product is, the more Barbados has comparative advantage over Italy.

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

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