2021
Exports | Imports
$608k | $11.9MWorld Rnk 96 / 189
Flag Rnk 69 / 728
World Rnk 112 / 221
Flag Rnk 19 / 1093
2021
PRODUCT COMPLEXITY IN Lifting Machinery
1.1Rnk 131 / 1024

About

Exports In 2021, Barbados exported $608k in Lifting Machinery, making it the 96th largest exporter of Lifting Machinery in the world. At the same year, Lifting Machinery was the 69th most exported product in Barbados. The main destination of Lifting Machinery exports from Barbados are: Germany ($550k), Sweden ($43.9k), Italy ($11.8k), and Grenada ($2.18k).

The fastest growing export markets for Lifting Machinery of Barbados between 2020 and 2021 were Germany ($550k), Sweden ($43.9k), and Italy ($11.8k).

Imports In 2021, Barbados imported $11.9M in Lifting Machinery, becoming the 112th largest importer of Lifting Machinery in the world. At the same year, Lifting Machinery was the 19th most imported product in Barbados. Barbados imports Lifting Machinery primarily from: Ireland ($7.89M), United States ($2.74M), China ($680k), Canada ($183k), and Mexico ($132k).

The fastest growing import markets in Lifting Machinery for Barbados between 2020 and 2021 were Ireland ($7.89M), United States ($1.89M), and China ($258k).

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 Lifting Machinery. 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)$608k
IMPORTS (2021)$11.9M
NET TRADE (2021)-$11.3M

In 2021, Barbados exported $608k in Lifting Machinery. The main destinations of Barbados exports on Lifting Machinery were Germany ($550k), Sweden ($43.9k), Italy ($11.8k), and Grenada ($2.18k).

In 2021, Barbados imported $11.9M in Lifting Machinery, mainly from Ireland ($7.89M), United States ($2.74M), China ($680k), Canada ($183k), and Mexico ($132k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Lifting Machinery EXPORT MARKETS FOR Barbados WERE (2020 - 2021):
Germany$550k (1%)
Sweden$43.9k (1%)
Italy$11.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lifting Machinery BY Barbados WERE (2020 - 2021):
Antigua and Barbuda-$15.1k (-100%)
Suriname-$5.83k (-100%)
Dominican Republic-$2.15k (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Barbados's main exporting competitors in Lifting Machinery were:
China $5.74B
Germany $5.19B
Italy $2.35B
In 2021, Barbados's main importing competitors in Lifting Machinery were:

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Trade Value of Lifting Machinery by Exporters

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