2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP
$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH
25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
Flag
GDP PC
$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH
23.3%CURRENT US$
Rnk 93 / 195

About

China-Barbados Trade: In 2023, China exported $93M to Barbados. The main products that China exported to Barbados were Cars ($7.91M), Semiconductor Devices ($4.5M), and Other Furniture ($3.4M). Over the past 5 years the exports of China to Barbados have decreased at an annualized rate of 2.4%, from $105M in 2018 to $93M in 2023.

In 2023, China did not export any services to Barbados.

Barbados-China Trade: In 2023, Barbados exported $1.23M to China. The main products that Barbados exported to China were Orthopedic Appliances ($1.07M), Hard Liquor ($55.6k), and Electrical Resistors ($54.1k). Over the past 5 years the exports of Barbados to China have decreased at an annualized rate of 22.7%,  from $4.46M in 2018 to $1.23M in 2023.

In 2023, Barbados did not export any services to China.

Comparison In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16),  and 1 in total exports ($3.42T). That same year, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $93M to Barbados. The main products exported from China to Barbados were Cars ($7.91M), Semiconductor Devices ($4.5M), and Other Furniture ($3.4M). During the last 5 years the exports of China to Barbados have decreased at an annualized rate of 2.4%, from $105M in 2018 to $93M in 2023.

In 2018, Barbados exported $1.23M to China. The main products exported from Barbados to China were Orthopedic Appliances ($1.07M), Hard Liquor ($55.6k), and Electrical Resistors ($54.1k). During the last 5 years the exports of Barbados to China have decreased at an annualized rate of 22.7%, from $4.46M in 2023 to $1.23M in 2018.

Exports from China (Flag) to Barbados (Flag) (2023)

Exports from Barbados (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
Barbados
Top Destination
United States$91M

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 2023, countries that imported more from China than Barbados included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Barbados than China included Anguilla ($1.2M), Saint Martin ($713k), and Bonaire ($8.72k).

Difference in imports from Barbados (Flag) and China (Flag) (2023)

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 2023, China had a large net trade with Barbados in the exports of Machines ($23.4M), Transportation ($14.6M), and Metals ($11.8M).

During 2018, Barbados had a large net trade with China in the exports of Instruments ($1.07M), Machines ($94.7k), and Foodstuffs ($55.9k).

Economic Complexity

Competitive Landscape

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

Product Space of China (Flag) and Barbados (Flag) (2023)

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