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2022
Flag → Flag
Exports $166MRnk 170 / 211
2022
Flag → Flag
Top Product $41MRailway Cargo Containers
2022
Flag → Flag
Exports $646kRnk 41 / 139
2022
Flag → Flag
Top Product $294kElectrical Resistors
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

China-Barbados Trade: In 2022, China exported $166M to Barbados. The main products that China exported to Barbados were Railway Cargo Containers ($41M), Semiconductor Devices ($9.1M), and Other Furniture ($6.05M). Over the past 5 years the exports of China to Barbados have increased at an annualized rate of 6.78%, from $120M in 2017 to $166M in 2022.

In 2022, China did not export any services to Barbados.

Barbados-China Trade: In 2022, Barbados exported $646k to China. The main products that Barbados exported to China were Electrical Resistors ($294k), Orthopedic Appliances ($230k), and Hard Liquor ($103k). Over the past 5 years the exports of Barbados to China have decreased at an annualized rate of 38.9%,  from $7.61M in 2017 to $646k in 2022.

In 2022, Barbados did not export any services to China.

Comparison In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12),  and 1 in total exports ($3.73T). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, China exported $23M and imported $1.1M from Barbados, resulting in a positive trade balance of $21.9M. Between September 2023 and September 2024 the exports of China have increased by $9.56M (71.1%) from $13.5M to $23M, while imports increased by $707k (179%) from $394k to $1.1M.

Trade In September 2024, the top exports of China to Barbados were Semiconductor Devices ($1.1M), Float Glass ($900k), Other Furniture ($883k), Iron Structures ($862k), and Railway Cargo Containers ($533k). In September 2024 the top imports of China from Barbados were Orthopedic Appliances ($1.15M), Hard Liquor ($6.56k), Electrical Resistors ($3.68k), Semiconductor Devices ($2.16k), and Electric Heaters ($131).

Origins In September 2024 the exports of China were mainly from Guangdong Province ($8.39M), Jiangsu Province ($5.86M), Zhejiang Province ($3.8M), Shandong Province ($1.67M), and Beijing ($633k), while imports destinations were mainly Guangdong Province ($970k), Shanghai Province ($131k), and Beijing ($24).

Growth In September 2024, the increase in China's year-by-year exports to Barbados was explained primarily by an increase in product exports in Iron Structures ($842k or 4.18k%), Other Furniture ($396k or 81.4%), and Seats ($388k or 659%). In September 2024, the increase in China's year-by-year imports  from Barbados was explained primarily by an increase in product imports  in Orthopedic Appliances ($593k or 107%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$9.56M(71.1%)
IMPORT GROWTH (September 2023 - September 2024)$707k(179%)
MAIN EXPORTER (September 2024)Guangdong Province$8.39M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Barbados and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $166M to Barbados. The main products exported from China to Barbados were Railway Cargo Containers ($41M), Semiconductor Devices ($9.1M), and Other Furniture ($6.05M). During the last 5 years the exports of China to Barbados have increased at an annualized rate of 6.78%, from $120M in 2017 to $166M in 2022.

In 2017, Barbados exported $646k to China. The main products exported from Barbados to China were Electrical Resistors ($294k), Orthopedic Appliances ($230k), and Hard Liquor ($103k). During the last 5 years the exports of Barbados to China have decreased at an annualized rate of 38.9%, from $7.61M in 2022 to $646k in 2017.

Exports from China (Flag) to Barbados (Flag) (2022)

Exports from Barbados (Flag) to China (Flag) (2022)

Market Competitiveness

Color
China
Top DestinationUnited States$551B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from China than Barbados included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Barbados than China included Anguilla ($1.43M), Saint Martin ($391k), and Christmas Island ($18.1k).

Difference in imports from Barbados (Flag) and China (Flag) (2022)

Comparative Advantage China - Barbados

Flow
Scale

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

During 2022, China had a large net trade with Barbados in the exports of Transportation ($46.6M), Machines ($32.7M), and Metals ($24.4M).

During 2017, Barbados had a large net trade with China in the exports of Machines ($296k), Instruments ($231k), and Foodstuffs ($103k).

Economic Complexity

Competitive Landscape

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

Product Space of China (Flag) and Barbados (Flag) (2022)

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