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Pricing

2022
Flag → Flag
Exports $94.8MRnk 106 / 224
2022
Flag → Flag
Top Product $11.2MCars
2022
Flag → Flag
Exports $8.23MRnk 12 / 139
2022
Flag → Flag
Top Product $3.03MHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 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 $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

United Kingdom-Barbados Trade: In 2022, United Kingdom exported $94.8M to Barbados. The main products that United Kingdom exported to Barbados were Cars ($11.2M), Other Edible Preparations ($3.42M), and Cheese ($3.29M). Over the past 5 years the exports of United Kingdom to Barbados have increased at an annualized rate of 8.17%, from $64M in 2017 to $94.8M in 2022.

In 2022, United Kingdom did not export any services to Barbados.

Barbados-United Kingdom Trade: In 2022, Barbados exported $8.23M to United Kingdom. The main products that Barbados exported to United Kingdom were Hard Liquor ($3.03M), Copper Wire ($1.15M), and Engine Parts ($550k). Over the past 5 years the exports of Barbados to United Kingdom have decreased at an annualized rate of 14.7%,  from $18.2M in 2017 to $8.23M in 2022.

In 2022, Barbados did not export any services to United Kingdom.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, United Kingdom exported £6.75M and imported £168k from Barbados, resulting in a positive trade balance of £6.58M. Between August 2023 and August 2024 the exports of United Kingdom have increased by £1.77M (35.5%) from £4.98M to £6.75M, while imports decreased by £-370k (-68.7%) from £538k to £168k.

Trade In August 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 August 2024 the top imports of United Kingdom from Barbados were Alcohol > 80% ABV (£169k), Paintings (£50k), Aircraft parts including unmanned craft (£36.8k), Hard Liquor (£30.4k), and Commodities not elsewhere specified (£20.2k).

Origins In August 2024 the exports of United Kingdom were mainly from Portsmouth (£4.14M), London Heathrow Airport (£912k), London Gateway (£705k), Belfast (£458k), and Manchester Airport (£158k), while imports destinations were mainly Edinburgh Airport (£61.1k), Dover (£35.8k), Portsmouth (£34.3k), and London Heathrow Airport (£20.9k).

Growth In August 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 August 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 (August 2023 - August 2024)£1.77M(35.5%)
IMPORT GROWTH (August 2023 - August 2024)£-370k(-68.7%)
MAIN EXPORTER (August 2024)Portsmouth£4.14M

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 2022, United Kingdom exported $94.8M to Barbados. The main products exported from United Kingdom to Barbados were Cars ($11.2M), Other Edible Preparations ($3.42M), and Cheese ($3.29M). During the last 5 years the exports of United Kingdom to Barbados have increased at an annualized rate of 8.17%, from $64M in 2017 to $94.8M in 2022.

In 2017, Barbados exported $8.23M to United Kingdom. The main products exported from Barbados to United Kingdom were Hard Liquor ($3.03M), Copper Wire ($1.15M), and Engine Parts ($550k). During the last 5 years the exports of Barbados to United Kingdom have decreased at an annualized rate of 14.7%, from $18.2M in 2022 to $8.23M in 2017.

Exports from United Kingdom (Flag) to Barbados (Flag) (2022)

Exports from Barbados (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationN/AN/A
Barbados
Top DestinationN/AN/A

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.

N/A

N/A

Difference in imports from Barbados (Flag) and United Kingdom (Flag) (2022)

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 2022, United Kingdom had a large net trade with Barbados in the exports of Machines ($17.7M), Transportation ($15.3M), and Foodstuffs ($14.1M).

During 2017, Barbados had a large net trade with United Kingdom in the exports of Foodstuffs ($4.6M), Metals ($1.3M), and Machines ($859k).

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) (2022)

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