2022
Exports
$29.5kWorld Rnk 171 / 219
Flag Rnk 302 / 746
2022
PRODUCT COMPLEXITY IN Electrical Control Boards
0.56Rnk 343 / 1025
2022
Imports
$4.25MWorld Rnk 162 / 224
Flag Rnk 105 / 1102

About

Exports In 2022, Barbados exported $29.5k in Electrical Control Boards, making it the 171st largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 302nd most exported product in Barbados. The main destination of Electrical Control Boards exports from Barbados are: Bahamas ($11.7k), Antigua and Barbuda ($5.37k), Germany ($4.15k), United States ($3.08k), and Trinidad and Tobago ($2.94k).

The fastest growing export markets for Electrical Control Boards of Barbados between 2021 and 2022 were Bahamas ($11.7k), Antigua and Barbuda ($4.7k), and Germany ($4.15k).

Imports In 2022, Barbados imported $4.25M in Electrical Control Boards, becoming the 162nd largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 105th most imported product in Barbados. Barbados imports Electrical Control Boards primarily from: United States ($2.46M), China ($505k), Spain ($395k), France ($216k), and United Kingdom ($147k).

The fastest growing import markets in Electrical Control Boards for Barbados between 2021 and 2022 were United States ($914k), China ($419k), and France ($215k).

Latest Trends

Jul 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 Electrical Control Boards. 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)$29.5k
IMPORTS (2022)$4.25M
NET TRADE (2022)-$4.22M

In 2022, Barbados exported $29.5k in Electrical Control Boards. The main destinations of Barbados exports on Electrical Control Boards were Bahamas ($11.7k), Antigua and Barbuda ($5.37k), Germany ($4.15k), United States ($3.08k), and Trinidad and Tobago ($2.94k).

In 2022, Barbados imported $4.25M in Electrical Control Boards, mainly from United States ($2.46M), China ($505k), Spain ($395k), France ($216k), and United Kingdom ($147k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
Bahamas$11.7k (1%)
Germany$4.15k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Barbados WERE (2021 - 2022):
Trinidad and Tobago-$4.36k (-59.7%)
Saint Lucia-$3k (-100%)
Grenada-$349 (-45.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Barbados's main exporting competitors in Electrical Control Boards were:
China $14.2B
Germany $11.3B
Mexico $7.12B
In 2022, Barbados's main importing competitors in Electrical Control Boards were:

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Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

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

See methodology.

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