2022
Flag  
GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC 
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186

About

Turkey-Barbados In 2022, Turkey exported $27.8M to Barbados. The main products that Turkey exported to Barbados are Passenger and Cargo Ships ($6.2M), Cement ($4.89M), and Refined Petroleum ($4.17M). During the last 27 years the exports of Turkey to Barbados have increased at an annualized rate of 20.7%, from $174k in 1995 to $27.8M in 2022.

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

Barbados-Turkey In 2022, Barbados exported $124k to Turkey. The main products that Barbados exported to Turkey were N/A. During the last 27 years the exports of Barbados to Turkey have increased at an annualized rate of 0.22%, from $117k in 1995 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
Value

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 27 years the exports of Turkey to Barbados have increased at an annualized rate of 20.7%, from $174k in 1995 to $27.8M in 2022.

In 2022, Barbados exported $124k to Turkey. There were not main exports from Barbados to Turkey in 2022. During the last 25 years the exports of Barbados to Turkey have increased at an annualized rate of 0.22%, from $117k in 1997 to $124k in 2022.

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

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

Latest Data

Trade between Turkey (Flag) and Barbados (Flag)

Turkey Exports

Barbados Exports

Market Competitiveness

Color
Turkey
Top Destination
Germany$21.9B
Barbados
Top Destination
United 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 2021, countries that imported more from Turkey than Barbados were Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2021, countries that imported more from Barbados than Turkey were Saint Lucia ($20.8M), Grenada ($13.5M), and Dominica ($5.47M).

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

Comparative Advantage Turkey - Barbados

Flow
Scale

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 2022, Barbados had a large net trade with Turkey in the exports of Foodstuffs ($113k), Transportation ($7.49k), and Machines ($1.09k).

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 Turkey has comparative advantage over Barbados. Similarly, the more yellow a dot/product is, the more Barbados has comparative advantage over Turkey.

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

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