2021
Exports | Imports
$367k | $570kWorld Rnk 83 / 196
Flag Rnk 104 / 728
World Rnk 154 / 220
Flag Rnk 352 / 1093
2021
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.94Rnk 8 / 1024

About

Exports In 2021, Barbados exported $367k in Electric Soldering Equipment, making it the 83rd largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 104th most exported product in Barbados. The main destination of Electric Soldering Equipment exports from Barbados are: Trinidad and Tobago ($267k), Nicaragua ($45.8k), Panama ($26.7k), Colombia ($16.3k), and United States ($9.55k).

The fastest growing export markets for Electric Soldering Equipment of Barbados between 2020 and 2021 were Trinidad and Tobago ($267k), Nicaragua ($45.8k), and Panama ($26.7k).

Imports In 2021, Barbados imported $570k in Electric Soldering Equipment, becoming the 154th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 352nd most imported product in Barbados. Barbados imports Electric Soldering Equipment primarily from: United States ($269k), Sweden ($135k), United Kingdom ($48.9k), Colombia ($37.6k), and Canada ($30.7k).

The fastest growing import markets in Electric Soldering Equipment for Barbados between 2020 and 2021 were Sweden ($131k), United States ($47.6k), and United Kingdom ($10.2k).

Latest Trends

Dec 2023

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Soldering Equipment. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$367k
IMPORTS (2021)$570k
NET TRADE (2021)-$203k

In 2021, Barbados exported $367k in Electric Soldering Equipment. The main destinations of Barbados exports on Electric Soldering Equipment were Trinidad and Tobago ($267k), Nicaragua ($45.8k), Panama ($26.7k), Colombia ($16.3k), and United States ($9.55k).

In 2021, Barbados imported $570k in Electric Soldering Equipment, mainly from United States ($269k), Sweden ($135k), United Kingdom ($48.9k), Colombia ($37.6k), and Canada ($30.7k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Barbados WERE (2020 - 2021):
Trinidad and Tobago$267k (418k%)
Nicaragua$45.8k (1%)
Panama$26.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Barbados WERE (2020 - 2021):
Germany-$114k (-100%)
Saint Lucia-$353 (-100%)
Dominican Republic-$214 (-70.6%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Barbados's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

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