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2023
Flag → Flag
Exports $41.9kRnk 86 / 139
2023
Flag → Flag
Top Product $18.9kJewellery
2023
Flag → Flag
Exports $13.8MRnk 129 / 198
2023
Flag → Flag
Top Product $1.04MAir Conditioners
2023
Flag
Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC $23,804CURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC$50,532CURRENT US$
Rnk 25 / 196
2013-2023
Flag
GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195

About

Barbados-Hong Kong Trade: In 2023, Barbados exported $41.9k to Hong Kong. The main products that Barbados exported to Hong Kong were Jewellery ($18.9k), Crustaceans ($14.3k), and Processed Crustaceans ($4.38k). Over the past 5 years the exports of Barbados to Hong Kong have decreased at an annualized rate of 66%, from $9.19M in 2018 to $41.9k in 2023.

In 2023, Barbados did not export any services to Hong Kong.

Hong Kong-Barbados Trade: In 2023, Hong Kong exported $13.8M to Barbados. The main products that Hong Kong exported to Barbados were Air Conditioners ($1.04M), Large Construction Vehicles ($984k), and Broadcasting Equipment ($935k). Over the past 5 years the exports of Hong Kong to Barbados have increased at an annualized rate of 32.1%,  from $3.42M in 2018 to $13.8M in 2023.

In 2023, Hong Kong did not export any services to Barbados.

Comparison In 2023,  Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index. That same year, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $41.9k to Hong Kong. The main products exported from Barbados to Hong Kong were Jewellery ($18.9k), Crustaceans ($14.3k), and Processed Crustaceans ($4.38k). During the last 5 years the exports of Barbados to Hong Kong have decreased at an annualized rate of 66%, from $9.19M in 2018 to $41.9k in 2023.

In 2018, Hong Kong exported $13.8M to Barbados. The main products exported from Hong Kong to Barbados were Air Conditioners ($1.04M), Large Construction Vehicles ($984k), and Broadcasting Equipment ($935k). During the last 5 years the exports of Hong Kong to Barbados have increased at an annualized rate of 32.1%, from $3.42M in 2023 to $13.8M in 2018.

Exports from Barbados (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Barbados (Flag) (2023)

Latest Data

Trade between Barbados (Flag) and Hong Kong (Flag)

Barbados Exports

Hong Kong Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
Hong Kong
Top DestinationChina$25.3B

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

In 2023, countries that imported more from Barbados than Hong Kong included Jamaica ($71.2M), Trinidad and Tobago ($33.7M), and Saint Lucia ($19.5M).

In 2023, countries that imported more from Hong Kong than Barbados included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong (Flag) and Barbados (Flag) (2023)

Comparative Advantage Barbados - Hong Kong

Flow
Scale

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

During 2023, Barbados had a large net trade with Hong Kong in the exports of Precious Metals ($18.9k), Animal Products ($14.3k), and Foodstuffs ($4.38k).

During 2018, Hong Kong had a large net trade with Barbados in the exports of Machines ($4.71M), Miscellaneous ($2M), and Plastics and Rubbers ($1.59M).

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Hong Kong (Flag) (2023)

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