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

About

China-Barbados Trade: In 2022, China exported $120M 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 146%, from $1.32M in 2017 to $120M in 2022.

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

Barbados-China Trade: In 2022, Barbados exported $7.61M 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 increased at an annualized rate of 262%,  from $12.2k in 2017 to $7.61M in 2022.

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

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $120M 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 146%, from $1.32M in 2017 to $120M in 2022.

In 2017, Barbados exported $7.61M to China. The main products exported from Barbados to China were Electrical Resistors ($294k), Orthopedic Appliances ($230k), and Hard Liquor ($103k). During the last 20 years the exports of Barbados to China have increased at an annualized rate of 262%, from $12.2k in 1997 to $7.61M in 2017.

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

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

Market Competitiveness

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

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

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

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

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 2022, China had a large net trade with Barbados in the exports of Transportation ($46.6M), Machines ($32.7M), and Metals ($24.4M).

During 2017, Barbados had a large net trade with China in the exports of Machines ($296k), Instruments ($231k), and Foodstuffs ($103k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Barbados+N/AN/A
Top Product Potential Barbados China+N/AN/A

N/A

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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) (2022)

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