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Exports In 2022, Barbados exported $4.22M in Electric Motors, making it the 73rd largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 18th most exported product in Barbados. The main destination of Electric Motors exports from Barbados are: United States ($4.18M), Trinidad and Tobago ($19.7k), Denmark ($7.72k), Pakistan ($4.7k), and Grenada ($2.86k).

The fastest growing export markets for Electric Motors of Barbados between 2021 and 2022 were United States ($4.15M), Trinidad and Tobago ($19.7k), and Denmark ($7.72k).

Imports In 2022, Barbados imported $3.56M in Electric Motors, becoming the 155th largest importer of Electric Motors in the world. At the same year, Electric Motors was the 119th most imported product in Barbados. Barbados imports Electric Motors primarily from: United States ($2.89M), China ($204k), Germany ($84.3k), France ($65.1k), and United Kingdom ($41.6k).

The fastest growing import markets in Electric Motors for Barbados between 2021 and 2022 were United States ($2.17M), China ($120k), and North Korea ($25.9k).

Latest Trends

Apr 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 Electric Motors. 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 (2022)$4.22M
IMPORTS (2022)$3.56M
NET TRADE (2022)$664k

In 2022, Barbados exported $4.22M in Electric Motors. The main destinations of Barbados exports on Electric Motors were United States ($4.18M), Trinidad and Tobago ($19.7k), Denmark ($7.72k), Pakistan ($4.7k), and Grenada ($2.86k).

In 2022, Barbados imported $3.56M in Electric Motors, mainly from United States ($2.89M), China ($204k), Germany ($84.3k), France ($65.1k), and United Kingdom ($41.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motors EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
United States$4.15M (13.6k%)
Denmark$7.72k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motors BY Barbados WERE (2021 - 2022):
Dominica-$2.74k (-100%)
Jamaica-$22 (-3.04%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Barbados's main exporting competitors in Electric Motors were:
China $18.4B
Germany $8.51B
Mexico $4.62B
In 2022, Barbados's main importing competitors in Electric Motors were:

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Trade Value of Electric Motors by Exporters

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