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Pricing

2022
Flag → Flag
Exports $5.71MRnk 154 / 210
2022
Flag → Flag
Top Product $1.28MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $1.72MRnk 24 / 139
2022
Flag → Flag
Top Product $576kScrap Iron
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag
 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Chinese Taipei-Barbados Trade: In 2022, Chinese Taipei exported $5.71M to Barbados. The main products that Chinese Taipei exported to Barbados were Motor vehicles; parts and accessories (8701 to 8705) ($1.28M), Non-fillet Frozen Fish ($679k), and Shaped Paper ($424k). Over the past 5 years the exports of Chinese Taipei to Barbados have decreased at an annualized rate of 2.1%, from $6.35M in 2017 to $5.71M in 2022.

In 2022, Chinese Taipei did not export any services to Barbados.

Barbados-Chinese Taipei Trade: In 2022, Barbados exported $1.72M to Chinese Taipei. The main products that Barbados exported to Chinese Taipei were Scrap Iron ($576k), Recovered Paper ($560k), and Hard Liquor ($298k). Over the past 5 years the exports of Barbados to Chinese Taipei have decreased at an annualized rate of 0.26%,  from $1.74M in 2017 to $1.72M in 2022.

In 2022, Barbados did not export any services to Chinese Taipei.

Comparison In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94),  and 11 in total exports ($542B). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $5.71M to Barbados. The main products exported from Chinese Taipei to Barbados were Motor vehicles; parts and accessories (8701 to 8705) ($1.28M), Non-fillet Frozen Fish ($679k), and Shaped Paper ($424k). During the last 5 years the exports of Chinese Taipei to Barbados have decreased at an annualized rate of 2.1%, from $6.35M in 2017 to $5.71M in 2022.

In 2017, Barbados exported $1.72M to Chinese Taipei. The main products exported from Barbados to Chinese Taipei were Scrap Iron ($576k), Recovered Paper ($560k), and Hard Liquor ($298k). During the last 5 years the exports of Barbados to Chinese Taipei have decreased at an annualized rate of 0.26%, from $1.74M in 2022 to $1.72M in 2017.

Exports from Chinese Taipei (Flag) to Barbados (Flag) (2022)

Exports from Barbados (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$121B
Barbados
Top DestinationUnited States$88.6M

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

In 2022, countries that imported more from Chinese Taipei than Barbados included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Barbados than Chinese Taipei included Jamaica ($43.3M), Guyana ($29.7M), and Saint Lucia ($20.8M).

Difference in imports from Barbados (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Barbados

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Barbados in the exports of Transportation ($1.31M), Plastics and Rubbers ($1.15M), and Animal Products ($679k).

During 2017, Barbados had a large net trade with Chinese Taipei in the exports of Paper Goods ($618k), Metals ($576k), and Foodstuffs ($298k).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Barbados (Flag) (2022)

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