HS Icon Electric Soldering Equipment in  Flag Barbados

2019
Exports | Imports
: $248k | $305k, World Rnk 93 / 196
Flag Rnk 124 / 727 | World Rnk 162 / 224
Flag Rnk 432 / 1107

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $182k | $22.4k, United States |  Canada

2019
PRODUCT COMPLEXITY  IN Electric Soldering Equipment
: 1.74, Rnk 22 / 1029

Exports In 2019, Barbados exported $248k in Electric Soldering Equipment, making it the 93rd largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 124th most exported product in Barbados. The main destination of Electric Soldering Equipment exports from Barbados are: United States ($199k), Mexico ($28k), Canada ($12.3k), Dominica ($5.05k), and Trinidad and Tobago ($3.75k).

The fastest growing export markets for Electric Soldering Equipment of Barbados between 2018 and 2019 were United States ($182k), Mexico ($28k), and Canada ($12.3k).

Imports In 2019, Barbados imported $305k in Electric Soldering Equipment, becoming the 162nd largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 432nd most imported product in Barbados. Barbados imports Electric Soldering Equipment primarily from: United States ($161k), China ($49.2k), Canada ($26.1k), United Kingdom ($20.3k), and Japan ($11.3k).

The fastest growing import markets in Electric Soldering Equipment for Barbados between 2018 and 2019 were Canada ($22.4k), China ($15.3k), and Japan ($10.7k).

Tariffs In 2013, the average tariff for Barbados in Electric Soldering Equipment was 4.21%. The countries with the highest import tariffs for Electric Soldering Equipment were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).

Historical Data

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EXPORTS (2019): $248k

IMPORTS (2019): $305k

NET TRADE (2019): -$56.6k

In 2019, Barbados exported $248k in Electric Soldering Equipment. The main destinations of Barbados exports on Electric Soldering Equipment were United States ($199k), Mexico ($28k), Canada ($12.3k), Dominica ($5.05k), and Trinidad and Tobago ($3.75k).

In 2019, Barbados imported $305k in Electric Soldering Equipment, mainly from United States ($161k), China ($49.2k), Canada ($26.1k), United Kingdom ($20.3k), and Japan ($11.3k).

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IN 2019, Barbados HAD A POSITIVE NET TRADE IN Electric Soldering Equipment WITH:

IN 2019, Barbados HAD A NEGATIVE NET TRADE IN Electric Soldering Equipment WITH:

Flow

THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Barbados WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Barbados WERE (2018 - 2019):

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Market Concentration

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In 2019, Barbados's main exporting competitors in Electric Soldering Equipment were:

In 2019, Barbados's main importing competitors in Electric Soldering Equipment were:

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Tariffs by Country

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In 2013, the average tariff for Barbados in Electric Soldering Equipment was 4.21%.

The countries with the highest tariffs for Electric Soldering Equipment in Barbados were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).