2023
Exports
$8.15MWorld Rnk 72 / 121
Flag Rnk 13 / 726
2023
PRODUCT COMPLEXITY IN Passenger and Cargo Ships
-0.44Rnk 679 / 1025
2023
Imports
$53.3MWorld Rnk 65 / 183
Flag Rnk 4 / 1100

About

Exports In 2023, Barbados exported $8.15M in Passenger and Cargo Ships, making it the 72nd largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 13th most exported product in Barbados. The main destination of Passenger and Cargo Ships exports from Barbados are: Turkey ($5.42M) and Poland ($2.73M).

The fastest growing export markets for Passenger and Cargo Ships of Barbados between 2022 and 2023 were Turkey ($5.42M).

Imports In 2023, Barbados imported $53.3M in Passenger and Cargo Ships, becoming the 65th largest importer of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 4th most imported product in Barbados. Barbados imports Passenger and Cargo Ships primarily from: Japan ($52.9M), Netherlands ($340k), Haiti ($9.01k), Italy ($4.01k), and United States ($3.75k).

The fastest growing import markets in Passenger and Cargo Ships for Barbados between 2022 and 2023 were Japan ($52.9M), Netherlands ($340k), and Haiti ($9.01k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$8.15M
IMPORTS (2023)$53.3M
NET TRADE (2023)-$45.1M

In 2023, Barbados exported $8.15M in Passenger and Cargo Ships. The main destinations of Barbados exports on Passenger and Cargo Ships were Turkey ($5.42M) and Poland ($2.73M).

In 2023, Barbados imported $53.3M in Passenger and Cargo Ships, mainly from Japan ($52.9M), Netherlands ($340k), Haiti ($9.01k), Italy ($4.01k), and United States ($3.75k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Passenger and Cargo Ships EXPORT MARKETS FOR Barbados WERE (2022 - 2023):Turkey$5.42M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Passenger and Cargo Ships BY Barbados WERE (2022 - 2023):Poland-$21.5M (-88.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Barbados's main exporting competitors in Passenger and Cargo Ships were:
China $18.1B
Japan $9.72B
Germany $3.54B
In 2023, Barbados's main importing competitors in Passenger and Cargo Ships were:

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Trade Value of Passenger and Cargo Ships by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Passenger and Cargo Ships’s highest export potential is N/A. With an export gap of N/A.   Passenger and Cargo Ships’s highest import potential is N/A with an import gap of N/A.

See methodology.

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