2022
Flag  
GDP
$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH
22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC 
$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH
19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Barbados-China Trade: In 2022, Barbados exported $646k to China. The main products that Barbados exported to China were Electrical Resistors ($294k), Orthopedic Appliances ($230k), and Hard Liquor ($103k). Over the past 5 years the exports of Barbados to China have decreased at an annualized rate of 38.9%, from $7.61M in 2017 to $646k in 2022.

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

China-Barbados Trade: In 2022, China exported $166M to Barbados. The main products that China exported to Barbados were Railway Cargo Containers ($41M), Semiconductor Devices ($9.1M), and Other Furniture ($6.05M). Over the past 5 years the exports of China to Barbados have increased at an annualized rate of 6.78%,  from $120M in 2017 to $166M in 2022.

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

Comparison In 2022,  Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index. That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $646k to China. The main products exported from Barbados to China were Electrical Resistors ($294k), Orthopedic Appliances ($230k), and Hard Liquor ($103k). During the last 5 years the exports of Barbados to China have decreased at an annualized rate of 38.9%, from $7.61M in 2017 to $646k in 2022.

In 2017, China exported $166M to Barbados. The main products exported from China to Barbados were Railway Cargo Containers ($41M), Semiconductor Devices ($9.1M), and Other Furniture ($6.05M). During the last 5 years the exports of China to Barbados have increased at an annualized rate of 6.78%, from $120M in 2022 to $166M in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and China (Flag)

Barbados Exports

China Exports

Market Competitiveness

Color
Barbados
Top Destination
United States$88.6M
China
Top Destination
United States$551B

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

In 2022, countries that imported more from Barbados than China included Anguilla ($1.43M), Saint Martin ($391k), and Christmas Island ($18.1k).

In 2022, countries that imported more from China than Barbados included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Barbados - China

Flow
Scale

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

During 2022, Barbados had a large net trade with China in the exports of Machines ($296k), Instruments ($231k), and Foodstuffs ($103k).

During 2017, China had a large net trade with Barbados in the exports of Transportation ($46.6M), Machines ($32.7M), and Metals ($24.4M).

Economic Complexity

Competitive Landscape

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

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

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