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2023
Flag → Flag
Exports $25.2kRnk 94 / 139
2023
Flag → Flag
Top Product $25.2kHard Liquor
2023
Flag → Flag
Exports $109MRnk 119 / 211
2023
Flag → Flag
Top Product $52.9MPassenger and Cargo Ships
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag  
GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
 GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 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$33,767CURRENT US$
Rnk 38 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195

About

Barbados-Japan Trade: In 2023, Barbados exported $25.2k to Japan. The main products that Barbados exported to Japan were Hard Liquor ($25.2k). Over the past 5 years the exports of Barbados to Japan have decreased at an annualized rate of 26.3%, from $116k in 2018 to $25.2k in 2023.

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

Japan-Barbados Trade: In 2023, Japan exported $109M to Barbados. The main products that Japan exported to Barbados were Passenger and Cargo Ships ($52.9M), Cars ($33.8M), and Delivery Trucks ($9.37M). Over the past 5 years the exports of Japan to Barbados have increased at an annualized rate of 22.1%,  from $40.3M in 2018 to $109M in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Barbados exported $25.2k to Japan. The main products exported from Barbados to Japan were Hard Liquor ($25.2k). During the last 5 years the exports of Barbados to Japan have decreased at an annualized rate of 26.3%, from $116k in 2018 to $25.2k in 2023.

In 2018, Japan exported $109M to Barbados. The main products exported from Japan to Barbados were Passenger and Cargo Ships ($52.9M), Cars ($33.8M), and Delivery Trucks ($9.37M). During the last 5 years the exports of Japan to Barbados have increased at an annualized rate of 22.1%, from $40.3M in 2023 to $109M in 2018.

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

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

Latest Data

Trade between Barbados (Flag) and Japan (Flag)

Barbados Exports

Japan Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$91M
Japan
Top DestinationUnited States$143B

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

In 2023, countries that imported more from Barbados than Japan included Saint Lucia ($19.5M), Saint Martin ($713k), and Saint Vincent and the Grenadines ($10.9M).

In 2023, countries that imported more from Japan than Barbados included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Barbados - Japan

Flow
Scale

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

During 2023, Barbados had a large net trade with Japan in the exports of Foodstuffs ($25.2k).

During 2018, Japan had a large net trade with Barbados in the exports of Transportation ($102M), Machines ($5.94M), and Mineral Products ($573k).

Economic Complexity

Competitive Landscape

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

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

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