2023
Exports
$897kWorld Rnk 127 / 226
Flag Rnk 57 / 726
2023
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1.12Rnk 138 / 1025
2023
Imports
$13MWorld Rnk 156 / 226
Flag Rnk 32 / 1100

About

Exports In 2023, Barbados exported $897k in Motor vehicles; parts and accessories (8701 to 8705), making it the 127th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 57th most exported product in Barbados. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Barbados are: Saint Lucia ($258k), United States ($101k), Antigua and Barbuda ($95.8k), Guyana ($92.3k), and Dominica ($71.7k).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Barbados between 2022 and 2023 were United States ($80.2k), Guyana ($64.8k), and Cayman Islands ($39.1k).

Imports In 2023, Barbados imported $13M in Motor vehicles; parts and accessories (8701 to 8705), becoming the 156th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 32nd most imported product in Barbados. Barbados imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: United States ($5.11M), China ($1.99M), Japan ($1.61M), United Kingdom ($1.14M), and Panama ($418k).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Barbados between 2022 and 2023 were China ($515k), Jamaica ($133k), and Trinidad and Tobago ($105k).

Latest Trends

Jan 2025

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 Motor vehicles; parts and accessories (8701 to 8705). 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 (2023)$897k
IMPORTS (2023)$13M
NET TRADE (2023)-$12.1M

In 2023, Barbados exported $897k in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Barbados exports on Motor vehicles; parts and accessories (8701 to 8705) were Saint Lucia ($258k), United States ($101k), Antigua and Barbuda ($95.8k), Guyana ($92.3k), and Dominica ($71.7k).

In 2023, Barbados imported $13M in Motor vehicles; parts and accessories (8701 to 8705), mainly from United States ($5.11M), China ($1.99M), Japan ($1.61M), United Kingdom ($1.14M), and Panama ($418k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Barbados WERE (2022 - 2023):
United States$80.2k (377%)
Guyana$64.8k (236%)
Cayman Islands$39.1k (897%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Barbados WERE (2022 - 2023):
Bermuda-$157k (-100%)
Cyprus-$107k (-62.7%)
Australia-$56.1k (-99.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Barbados's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
Germany $69.4B
China $49.1B
Mexico $41.1B
In 2023, Barbados's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is N/A. With an export gap of N/A.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is N/A with an import gap of N/A.

See methodology.

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