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2022
Flag → Flag
Exports $143kRnk 70 / 139
2022
Flag → Flag
Top Product $137kHard Liquor
2022
Flag → Flag
Exports $46.3MRnk 138 / 211
2022
Flag → Flag
Top Product $31.6MCars
2022
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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GDP PC $20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186
2022
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GDP PC$33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

Barbados-Japan Trade: In 2022, Barbados exported $143k to Japan. The main products that Barbados exported to Japan were Hard Liquor ($137k), Other Animals ($4.55k), and Electrical Ignitions ($770). Over the past 5 years the exports of Barbados to Japan have increased at an annualized rate of 16.2%, from $67.3k in 2017 to $143k in 2022.

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

Japan-Barbados Trade: In 2022, Japan exported $46.3M to Barbados. The main products that Japan exported to Barbados were Cars ($31.6M), Delivery Trucks ($5.94M), and Motor vehicles; parts and accessories (8701 to 8705) ($1.75M). Over the past 5 years the exports of Japan to Barbados have decreased at an annualized rate of 13.7%,  from $96.9M in 2017 to $46.3M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $143k to Japan. The main products exported from Barbados to Japan were Hard Liquor ($137k), Other Animals ($4.55k), and Electrical Ignitions ($770). During the last 5 years the exports of Barbados to Japan have increased at an annualized rate of 16.2%, from $67.3k in 2017 to $143k in 2022.

In 2017, Japan exported $46.3M to Barbados. The main products exported from Japan to Barbados were Cars ($31.6M), Delivery Trucks ($5.94M), and Motor vehicles; parts and accessories (8701 to 8705) ($1.75M). During the last 5 years the exports of Japan to Barbados have decreased at an annualized rate of 13.7%, from $96.9M in 2022 to $46.3M in 2017.

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

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

Latest Data

Trade between Barbados (Flag) and Japan (Flag)

Barbados Exports

Japan Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Japan
Top DestinationUnited States$137B

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

In 2022, countries that imported more from Barbados than Japan included Saint Vincent and the Grenadines ($14.1M), Saint Lucia ($20.8M), and Grenada ($13.5M).

In 2022, countries that imported more from Japan than Barbados included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Comparative Advantage Barbados - Japan

Flow
Scale

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

During 2022, Barbados had a large net trade with Japan in the exports of Foodstuffs ($137k), Animal Products ($4.55k), and Machines ($770).

During 2017, Japan had a large net trade with Barbados in the exports of Transportation ($41.5M), Machines ($3.05M), and Instruments ($625k).

Economic Complexity

Competitive Landscape

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

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

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