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2023
Flag → Flag
Exports $1.23MRnk 35 / 139
2023
Flag → Flag
Top Product $1.07MOrthopedic Appliances
2023
Flag → Flag
Exports $93MRnk 179 / 208
2023
Flag → Flag
Top Product $7.91MCars
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC $23,804CURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195
2023
Flag
GDP PC$12,614CURRENT US$
Rnk 80 / 196
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195

About

Barbados-China Trade: In 2023, Barbados exported $1.23M to China. The main products that Barbados exported to China were Orthopedic Appliances ($1.07M), Hard Liquor ($55.6k), and Electrical Resistors ($54.1k). Over the past 5 years the exports of Barbados to China have decreased at an annualized rate of 22.7%, from $4.46M in 2018 to $1.23M in 2023.

In 2023, Barbados did not export any services to China.

China-Barbados Trade: In 2023, China exported $93M to Barbados. The main products that China exported to Barbados were Cars ($7.91M), Semiconductor Devices ($4.5M), and Other Furniture ($3.4M). Over the past 5 years the exports of China to Barbados have decreased at an annualized rate of 2.4%,  from $105M in 2018 to $93M in 2023.

In 2023, China did not export any services to Barbados.

Comparison In 2023,  Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index. That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $1.23M to China. The main products exported from Barbados to China were Orthopedic Appliances ($1.07M), Hard Liquor ($55.6k), and Electrical Resistors ($54.1k). During the last 5 years the exports of Barbados to China have decreased at an annualized rate of 22.7%, from $4.46M in 2018 to $1.23M in 2023.

In 2018, China exported $93M to Barbados. The main products exported from China to Barbados were Cars ($7.91M), Semiconductor Devices ($4.5M), and Other Furniture ($3.4M). During the last 5 years the exports of China to Barbados have decreased at an annualized rate of 2.4%, from $105M in 2023 to $93M in 2018.

Exports from Barbados (Flag) to China (Flag) (2023)

Exports from China (Flag) to Barbados (Flag) (2023)

Latest Data

Trade between Barbados (Flag) and China (Flag)

Barbados Exports

China Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
China
Top DestinationUnited States$436B

This map shows whether countries import more from Barbados or China. Each country is colored based on the difference in imports they receive from Barbados and China or the difference in the growth in imports.

In 2023, countries that imported more from Barbados than China included Anguilla ($1.2M), Saint Martin ($713k), and Bonaire ($8.72k).

In 2023, countries that imported more from China than Barbados included United States ($436B), Hong Kong ($259B), and Japan ($169B).

Difference in imports from China (Flag) and Barbados (Flag) (2023)

Comparative Advantage Barbados - China

Flow
Scale

This chart compares trade between Barbados and China by product, considering products traded by both, Barbados and China.

During 2023, Barbados had a large net trade with China in the exports of Instruments ($1.07M), Machines ($94.7k), and Foodstuffs ($55.9k).

During 2018, China had a large net trade with Barbados in the exports of Machines ($23.4M), Transportation ($14.6M), and Metals ($11.8M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Barbados and China. This means that a dot/product with the flag of Barbados indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Barbados.

Product Space of Barbados (Flag) and China (Flag) (2023)

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