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Pricing

2022
Flag → Flag
Exports $46.3MRnk 138 / 211
2022
Flag → Flag
Top Product $31.6MCars
2022
Flag → Flag
Exports $143kRnk 70 / 139
2022
Flag → Flag
Top Product $137kHard Liquor
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
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GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
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GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Japan-Barbados Trade: In 2022, Japan exported $46.3M to Barbados. The main products that Japan exported to Barbados were Cars ($31.6M), Delivery Trucks ($5.94M), and Motor vehicles; parts and accessories (8701 to 8705) ($1.75M). Over the past 5 years the exports of Japan to Barbados have decreased at an annualized rate of 13.7%, from $96.9M in 2017 to $46.3M in 2022.

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

Barbados-Japan Trade: In 2022, Barbados exported $143k to Japan. The main products that Barbados exported to Japan were Hard Liquor ($137k), Other Animals ($4.55k), and Electrical Ignitions ($770). Over the past 5 years the exports of Barbados to Japan have increased at an annualized rate of 16.2%,  from $67.3k in 2017 to $143k in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). 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, Japan exported ¥1.57B and imported ¥3.66M from Barbados, resulting in a positive trade balance of ¥1.57B. Between August 2023 and August 2024 the exports of Japan have increased by ¥974M (163%) from ¥599M to ¥1.57B, while imports increased by ¥546k (17.5%) from ¥3.12M to ¥3.66M.

Trade In August 2024, the top exports of Japan to Barbados were Cars (¥372M), Delivery Trucks (¥36.9M), Buses (¥33.5M), Commodities not elsewhere specified (¥15.9M), and Motor vehicles; parts and accessories (8701... (¥11.5M). In August 2024 the top imports of Japan from Barbados were Hard Liquor (¥1.13M).

Origins In August 2024 the exports of Japan were mainly from Aichi (¥634M), Kanagawa (¥410M), Osaka (¥244M), Chiba (¥138M), and Hyōgo (¥112M), while imports destinations were mainly Kanagawa (¥3.43M) and Hyōgo (¥228k).

Growth In August 2024, the increase in Japan's year-by-year exports to Barbados was explained primarily by an increase in product exports in Cars (¥192M or 107%), Buses (¥28.4M or 565%), and Commodities not elsewhere specified (¥5.53M or 53.1%). In August 2024, the increase in Japan's year-by-year imports  from Barbados was explained primarily by an increase in product imports  in Hard Liquor (¥765k or 211%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)¥974M(163%)
IMPORT GROWTH (August 2023 - August 2024)¥546k(17.5%)
MAIN EXPORTER (August 2024)Aichi¥634M

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

To check Barbados and Japan 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, Japan exported $46.3M to Barbados. The main products exported from Japan to Barbados were Cars ($31.6M), Delivery Trucks ($5.94M), and Motor vehicles; parts and accessories (8701 to 8705) ($1.75M). During the last 5 years the exports of Japan to Barbados have decreased at an annualized rate of 13.7%, from $96.9M in 2017 to $46.3M in 2022.

In 2017, Barbados exported $143k to Japan. The main products exported from Barbados to Japan were Hard Liquor ($137k), Other Animals ($4.55k), and Electrical Ignitions ($770). During the last 5 years the exports of Barbados to Japan have increased at an annualized rate of 16.2%, from $67.3k in 2022 to $143k in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Japan than Barbados included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Barbados than Japan included Saint Vincent and the Grenadines ($14.1M), Saint Lucia ($20.8M), and Grenada ($13.5M).

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

Comparative Advantage Japan - Barbados

Flow
Scale

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

During 2022, Japan had a large net trade with Barbados in the exports of Transportation ($41.5M), Machines ($3.05M), and Instruments ($625k).

During 2017, Barbados had a large net trade with Japan in the exports of Foodstuffs ($137k), Animal Products ($4.55k), and Machines ($770).

Economic Complexity

Competitive Landscape

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

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

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