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2023
Flag → Flag
Exports $109MRnk 119 / 211
2023
Flag → Flag
Top Product $52.9MPassenger and Cargo Ships
2023
Flag → Flag
Exports $25.2kRnk 94 / 139
2023
Flag → Flag
Top Product $25.2kHard Liquor
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 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 $33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC$23,804CURRENT US$
Rnk 52 / 196
2013-2023
Flag
GDP PC GROWTH23.3%CURRENT US$
Rnk 93 / 195

About

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.

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.

Comparison In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($766B). That same year, Barbados ranked 171 in total exports ($421M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Japan exported ¥868M and imported ¥3.21M from Barbados, resulting in a positive trade balance of ¥865M. Between December 2023 and December 2024 the exports of Japan have increased by ¥5.42M (0.63%) from ¥863M to ¥868M, while imports increased by ¥26k (0.82%) from ¥3.19M to ¥3.21M.

Trade In December 2024, the top exports of Japan to Barbados were Cars (¥507M), Commodities not elsewhere specified (¥66.1M), Delivery Trucks (¥44.8M), Engine Parts (¥42.2M), and Buses (¥16.9M). In December 2024 the top imports of Japan from Barbados were Hard Liquor (¥4.82M).

Origins In December 2024 the exports of Japan were mainly from Aichi (¥282M), Kanagawa (¥227M), Osaka (¥173M), Chiba (¥107M), and Hyōgo (¥50.2M), while imports destinations were mainly N/A.

Growth In December 2024, the increase in Japan's year-by-year exports to Barbados was explained primarily by an increase in product exports in Cars (¥135M or 36.2%), Commodities not elsewhere specified (¥50.2M or 315%), and Engine Parts (¥38.2M or 972%). In November 2024, the increase in Japan's year-by-year imports  from Barbados was explained primarily by an increase in product imports  in Hard Liquor (¥3.69M or 327%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)¥5.42M(0.63%)
IMPORT GROWTH (November 2023 - November 2024)¥26k(0.82%)
MAIN EXPORTER (December 2024)Aichi¥282M

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 2023, 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 2018 to $109M in 2023.

In 2018, 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 2023 to $25.2k in 2018.

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

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

Market Competitiveness

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

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

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).

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

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 2023, Japan had a large net trade with Barbados in the exports of Transportation ($102M), Machines ($5.94M), and Mineral Products ($573k).

During 2018, Barbados had a large net trade with Japan in the exports of Foodstuffs ($25.2k).

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) (2023)

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