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Exports In 2022, Barbados exported $1.4M in Insulated Wire, making it the 120th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 43rd most exported product in Barbados. The main destination of Insulated Wire exports from Barbados are: United States ($664k), Thailand ($645k), Saint Vincent and the Grenadines ($57.2k), Denmark ($9.84k), and Jamaica ($9.78k).

The fastest growing export markets for Insulated Wire of Barbados between 2021 and 2022 were United States ($577k), Saint Vincent and the Grenadines ($40.8k), and Denmark ($9.84k).

Imports In 2022, Barbados imported $18.2M in Insulated Wire, becoming the 156th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 11th most imported product in Barbados. Barbados imports Insulated Wire primarily from: United States ($9.42M), Norway ($3.17M), United Kingdom ($1.78M), Trinidad and Tobago ($1.54M), and Mexico ($913k).

The fastest growing import markets in Insulated Wire for Barbados between 2021 and 2022 were United States ($3.69M), Norway ($3.17M), and Mexico ($902k).

Latest Trends

Jul 2024

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 Insulated Wire. 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 (2022)$1.4M
IMPORTS (2022)$18.2M
NET TRADE (2022)-$16.8M

In 2022, Barbados exported $1.4M in Insulated Wire. The main destinations of Barbados exports on Insulated Wire were United States ($664k), Thailand ($645k), Saint Vincent and the Grenadines ($57.2k), Denmark ($9.84k), and Jamaica ($9.78k).

In 2022, Barbados imported $18.2M in Insulated Wire, mainly from United States ($9.42M), Norway ($3.17M), United Kingdom ($1.78M), Trinidad and Tobago ($1.54M), and Mexico ($913k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
United States$577k (666%)
Denmark$9.84k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Barbados WERE (2021 - 2022):
Thailand-$1.24M (-65.8%)
Montserrat-$68.2k (-100%)
Luxembourg-$47.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Barbados's main exporting competitors in Insulated Wire were:
In 2022, Barbados's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

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Insulated Wire’s highest export potential is N/A. With an export gap of N/A.   Insulated Wire’s highest import potential is N/A with an import gap of N/A.

See methodology.

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