NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $3.89MRnk 164 / 212
2023
Flag → Flag
Top Product $405kRubberworking Machinery
2023
Flag → Flag
Exports $2.05MRnk 31 / 139
2023
Flag → Flag
Top Product $1.15MScrap Iron
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag
 GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

Chinese Taipei-Barbados Trade: In 2023, Chinese Taipei exported $3.89M to Barbados. The main products that Chinese Taipei exported to Barbados were Rubberworking Machinery ($405k), Motor vehicles; parts and accessories (8701 to 8705) ($372k), and Metal Mountings ($331k). Over the past 5 years the exports of Chinese Taipei to Barbados have decreased at an annualized rate of 5.94%, from $5.29M in 2018 to $3.89M in 2023.

In 2023, Chinese Taipei did not export any services to Barbados.

Barbados-Chinese Taipei Trade: In 2023, Barbados exported $2.05M to Chinese Taipei. The main products that Barbados exported to Chinese Taipei were Scrap Iron ($1.15M), Hard Liquor ($295k), and Recovered Paper ($242k). Over the past 5 years the exports of Barbados to Chinese Taipei have decreased at an annualized rate of 1.32%,  from $2.28M in 2018 to $2.05M in 2023.

In 2023, Barbados did not export any services to Chinese Taipei.

Comparison In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2),  and 11 in total exports ($509B). 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, Chinese Taipei exported $3.89M to Barbados. The main products exported from Chinese Taipei to Barbados were Rubberworking Machinery ($405k), Motor vehicles; parts and accessories (8701 to 8705) ($372k), and Metal Mountings ($331k). During the last 5 years the exports of Chinese Taipei to Barbados have decreased at an annualized rate of 5.94%, from $5.29M in 2018 to $3.89M in 2023.

In 2018, Barbados exported $2.05M to Chinese Taipei. The main products exported from Barbados to Chinese Taipei were Scrap Iron ($1.15M), Hard Liquor ($295k), and Recovered Paper ($242k). During the last 5 years the exports of Barbados to Chinese Taipei have decreased at an annualized rate of 1.32%, from $2.28M in 2023 to $2.05M in 2018.

Exports from Chinese Taipei (Flag) to Barbados (Flag) (2023)

Exports from Barbados (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$101B
Barbados
Top DestinationUnited States$91M

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

In 2023, countries that imported more from Chinese Taipei than Barbados included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

In 2023, countries that imported more from Barbados than Chinese Taipei included Jamaica ($71.2M), Guyana ($24.6M), and Saint Lucia ($19.5M).

Difference in imports from Barbados (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Barbados

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Barbados in the exports of Machines ($840k), Metals ($624k), and Plastics and Rubbers ($597k).

During 2018, Barbados had a large net trade with Chinese Taipei in the exports of Metals ($1.31M), Foodstuffs ($295k), and Paper Goods ($259k).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Barbados (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms