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2022
Flag → Flag
Exports $39.8kRnk 89 / 139
2022
Flag → Flag
Top Product $18.7kTelephones
2022
Flag → Flag
Exports $12.9MRnk 130 / 198
2022
Flag → Flag
Top Product $944kAir Conditioners
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC $20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186

About

Barbados-Hong Kong Trade: In 2022, Barbados exported $39.8k to Hong Kong. The main products that Barbados exported to Hong Kong were Telephones ($18.7k), Jewellery ($10.4k), and Processed Crustaceans ($8.67k). Over the past 5 years the exports of Barbados to Hong Kong have decreased at an annualized rate of 65.4%, from $8.01M in 2017 to $39.8k in 2022.

In 2022, Barbados did not export any services to Hong Kong.

Hong Kong-Barbados Trade: In 2022, Hong Kong exported $12.9M to Barbados. The main products that Hong Kong exported to Barbados were Air Conditioners ($944k), Semiconductor Devices ($543k), and Electrical Transformers ($489k). Over the past 5 years the exports of Hong Kong to Barbados have increased at an annualized rate of 17.5%,  from $4.91M in 2017 to $12.9M in 2022.

In 2022, Hong Kong did not export any services to Barbados.

Comparison In 2022,  Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index. That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $39.8k to Hong Kong. The main products exported from Barbados to Hong Kong were Telephones ($18.7k), Jewellery ($10.4k), and Processed Crustaceans ($8.67k). During the last 5 years the exports of Barbados to Hong Kong have decreased at an annualized rate of 65.4%, from $8.01M in 2017 to $39.8k in 2022.

In 2017, Hong Kong exported $12.9M to Barbados. The main products exported from Hong Kong to Barbados were Air Conditioners ($944k), Semiconductor Devices ($543k), and Electrical Transformers ($489k). During the last 5 years the exports of Hong Kong to Barbados have increased at an annualized rate of 17.5%, from $4.91M in 2022 to $12.9M in 2017.

Exports from Barbados (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Barbados (Flag) (2022)

Latest Data

Trade between Barbados (Flag) and Hong Kong (Flag)

Barbados Exports

Hong Kong Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Hong Kong
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Barbados than Hong Kong included Trinidad and Tobago ($33.8M), Saint Lucia ($20.8M), and Saint Vincent and the Grenadines ($14.1M).

In 2022, countries that imported more from Hong Kong than Barbados included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Barbados (Flag) (2022)

Comparative Advantage Barbados - Hong Kong

Flow
Scale

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

During 2022, Barbados had a large net trade with Hong Kong in the exports of Machines ($20.7k), Precious Metals ($10.4k), and Foodstuffs ($8.67k).

During 2017, Hong Kong had a large net trade with Barbados in the exports of Machines ($4.38M), Plastics and Rubbers ($2M), and Metals ($1.53M).

Economic Complexity

Competitive Landscape

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

Product Space of Barbados (Flag) and Hong Kong (Flag) (2022)

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