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Pricing

2023
Flag → Flag
Exports $142MRnk 98 / 223
2023
Flag → Flag
Top Product $36.3MPlanes, Helicopters, and/or Spacecraft
2023
Flag → Flag
Exports $13.9MRnk 7 / 139
2023
Flag → Flag
Top Product $4.73MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP$6.72BCURRENT US$
Rnk 156 / 195
2013-2023
Flag
GDP GROWTH25.4%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

United Kingdom-Barbados Trade: In 2023, United Kingdom exported $142M to Barbados. The main products that United Kingdom exported to Barbados were Planes, Helicopters, and/or Spacecraft ($36.3M), Cars ($18.7M), and Concentrated Milk ($4.69M). Over the past 5 years the exports of United Kingdom to Barbados have increased at an annualized rate of 14.8%, from $71.3M in 2018 to $142M in 2023.

In 2023, United Kingdom did not export any services to Barbados.

Barbados-United Kingdom Trade: In 2023, Barbados exported $13.9M to United Kingdom. The main products that Barbados exported to United Kingdom were Refined Petroleum ($4.73M), Hard Liquor ($4.01M), and Alcohol > 80% ABV ($1.07M). Over the past 5 years the exports of Barbados to United Kingdom have increased at an annualized rate of 7.51%,  from $9.64M in 2018 to $13.9M in 2023.

In 2023, Barbados did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £5.64M and imported £123k from Barbados, resulting in a positive trade balance of £5.52M. Between November 2023 and November 2024 the exports of United Kingdom have increased by £101k (1.83%) from £5.54M to £5.64M, while imports decreased by £-287k (-70.1%) from £410k to £123k.

Trade In November 2024, the top exports of United Kingdom to Barbados were Cars (£3.31M), Frozen Bovine Meat (£330k), Lifting Machinery (£226k), Packaged Medicaments (£182k), and High-voltage Protection Equipment (£168k). In November 2024 the top imports of United Kingdom from Barbados were Alcohol > 80% ABV (£169k), Paintings (£50k), Aircraft parts for spacecraft, UAVs, and... (£36.8k), Hard Liquor (£30.4k), and Commodities not elsewhere specified (£20.2k).

Origins In November 2024 the exports of United Kingdom were mainly from Portsmouth (£4.03M), London Heathrow Airport (£607k), London Gateway (£311k), London Stansted Airport (£195k), and Manchester Airport (£181k), while imports destinations were mainly Portsmouth (£39.9k), London Heathrow Airport (£28.7k), and London (£16.3k).

Growth In November 2024, the increase in United Kingdom's year-by-year exports to Barbados was explained primarily by an increase in product exports in Cars (£3.23M or 4.18k%), Lifting Machinery (£225k or 22.5k%), and Low-voltage Protection Equipment (£148k or 1.84k%). In November 2024, the decrease in United Kingdom's year-by-year imports  from Barbados was explained primarily by an decrease in product imports  in Commodities not elsewhere specified (£-12.3k or -37.8%), Gas Turbines (£-10.7k or -92.4%), and Orthopedic Appliances (£-8.79k or -70.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£101k(1.83%)
IMPORT GROWTH (November 2023 - November 2024)£-287k(-70.1%)
MAIN EXPORTER (November 2024)Portsmouth£4.03M

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

To check Barbados and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Barbados and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $142M to Barbados. The main products exported from United Kingdom to Barbados were Planes, Helicopters, and/or Spacecraft ($36.3M), Cars ($18.7M), and Concentrated Milk ($4.69M). During the last 5 years the exports of United Kingdom to Barbados have increased at an annualized rate of 14.8%, from $71.3M in 2018 to $142M in 2023.

In 2018, Barbados exported $13.9M to United Kingdom. The main products exported from Barbados to United Kingdom were Refined Petroleum ($4.73M), Hard Liquor ($4.01M), and Alcohol > 80% ABV ($1.07M). During the last 5 years the exports of Barbados to United Kingdom have increased at an annualized rate of 7.51%, from $9.64M in 2023 to $13.9M in 2018.

Exports from United Kingdom (Flag) to Barbados (Flag) (2023)

Exports from Barbados (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Barbados
Top DestinationUnited States$91M

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

In 2023, countries that imported more from United Kingdom than Barbados included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, countries that imported more from Barbados than United Kingdom included Tokelau ($230).

Difference in imports from Barbados (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Barbados

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Barbados in the exports of Transportation ($58.9M), Machines ($17.9M), and Foodstuffs ($16M).

During 2018, Barbados had a large net trade with United Kingdom in the exports of Foodstuffs ($6.03M), Mineral Products ($4.73M), and Machines ($1.63M).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Barbados (Flag) (2023)

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