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Exports In 2023, Barbados exported $1.86M in Cars, making it the 115th largest exporter of Cars in the world. At the same year, Cars was the 35th most exported product in Barbados. The main destination of Cars exports from Barbados are: Bahamas ($759k), Grenada ($256k), United States ($209k), Trinidad and Tobago ($146k), and Saint Lucia ($101k).

The fastest growing export markets for Cars of Barbados between 2022 and 2023 were Bahamas ($727k), Grenada ($246k), and France ($56.8k).

Imports In 2023, Barbados imported $84.5M in Cars, becoming the 146th largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Barbados. Barbados imports Cars primarily from: Japan ($33.8M), United Kingdom ($18.7M), China ($7.91M), United States ($7.37M), and Panama ($2.98M).

The fastest growing import markets in Cars for Barbados between 2022 and 2023 were United Kingdom ($8.62M), China ($6.61M), and Japan ($3.49M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.86M
IMPORTS (2023)$84.5M
NET TRADE (2023)-$82.6M

In 2023, Barbados exported $1.86M in Cars. The main destinations of Barbados exports on Cars were Bahamas ($759k), Grenada ($256k), United States ($209k), Trinidad and Tobago ($146k), and Saint Lucia ($101k).

In 2023, Barbados imported $84.5M in Cars, mainly from Japan ($33.8M), United Kingdom ($18.7M), China ($7.91M), United States ($7.37M), and Panama ($2.98M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Barbados WERE (2022 - 2023):
Bahamas$727k (2.27k%)
Grenada$246k (2.6k%)
France$56.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Barbados WERE (2022 - 2023):
Jamaica-$248k (-75.3%)
United Kingdom-$198k (-73.5%)
United States-$138k (-39.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Barbados's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Barbados's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

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Cars’s highest export potential is N/A. With an export gap of N/A.   Cars’s highest import potential is N/A with an import gap of N/A.

See methodology.

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