2021
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 204
2011-2021
Flag
GDP GROWTH
136%CURRENT US$
Rnk 6 / 204
2021
Flag
 GDP
$4.84BCURRENT US$
Rnk 161 / 204
2011-2021
Flag
GDP GROWTH
4%CURRENT US$
Rnk 156 / 204
2021
Flag
GDP PC 
$12,618CURRENT US$
Rnk 75 / 204
2011-2021
Flag
GDP PC GROWTH
125%CURRENT US$
Rnk 5 / 204
2021
Flag
GDP PC
$17,225CURRENT US$
Rnk 67 / 204
2011-2021
Flag
GDP PC GROWTH
1.88%CURRENT US$
Rnk 138 / 204

About

China-Barbados In 2021, China exported $236M to Barbados. The main products that China exported to Barbados are Railway Cargo Containers ($136M), Semiconductor Devices ($7.65M), and Prefabricated Buildings ($4.68M). During the last 26 years the exports of China to Barbados have increased at an annualized rate of 22.1%, from $1.32M in 1995 to $236M in 2021.

In 2021, China did not export any services to Barbados.

Barbados-China In 2021, Barbados exported $5.95M to China. The main products that Barbados exported to China were Orthopedic Appliances ($4.34M), Electrical Resistors ($1.01M), and Hard Liquor ($529k). During the last 26 years the exports of Barbados to China have increased at an annualized rate of 26.9%, from $12.2k in 1995 to $5.95M in 2021.

In 2021, Barbados did not export any services to China.

Comparison In 2021,  China ranked 25 in the Economic Complexity Index (ECI 1.07),  and 1 in total exports ($3.34T). That same year, Barbados ranked 171 in total exports ($357M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, China exported $236M to Barbados. The main products exported from China to Barbados were Railway Cargo Containers ($136M), Semiconductor Devices ($7.65M), and Prefabricated Buildings ($4.68M). During the last 26 years the exports of China to Barbados have increased at an annualized rate of 22.1%, from $1.32M in 1995 to $236M in 2021.

In 2021, Barbados exported $5.95M to China. The main products exported from Barbados to China were Orthopedic Appliances ($4.34M), Electrical Resistors ($1.01M), and Hard Liquor ($529k). During the last 24 years the exports of Barbados to China have increased at an annualized rate of 26.9%, from $12.2k in 1997 to $5.95M in 2021.

Exports from China (Flag) to Barbados (Flag) (2021)

Exports from Barbados (Flag) to China (Flag) (2021)

Market Competitiveness

Color
China
Top Destination
United States$530B
Barbados
Top Destination
United States$70.4M

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

In 2021, countries that imported more from China than Barbados were United States ($530B), Hong Kong ($323B), and Japan ($168B).

In 2021, countries that imported more from Barbados than China were Anguilla ($1.2M), Saint Martin ($433k), and Montserrat ($428k).

Difference in imports from Barbados (Flag) and China (Flag) (2021)

Comparative Advantage China - Barbados

Flow
Scale

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

During 2021, China had a large net trade with Barbados in the exports of Transportation ($145M), Machines ($23.4M), and Metals ($19M).

During 2021, Barbados had a large net trade with China in the exports of Instruments ($4.34M), Machines ($1.01M), and Foodstuffs ($529k).

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

Product Space of China (Flag) and Barbados (Flag) (2021)

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