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2022
Exports $305World Rnk 175 / 195
Flag Rnk 650 / 746
2022
Destination $160 Bermuda
2021 - 2022
FASTEST GROWING MARKET $160Bermuda
2022
PRODUCT COMPLEXITY IN Lubricating Products1.61Rnk 36 / 1025
2022
Imports $659kWorld Rnk 160 / 224
Flag Rnk 357 / 1102
2022
Origin $122k United States
2021 - 2022
FASTEST GROWING ORIGIN $122kChina

About

Exports In 2022, Barbados exported $305 in Lubricating Products, making it the 175th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 650th most exported product in Barbados. The main destination of Lubricating Products exports from Barbados are: Bermuda ($160), United States ($112), and Portugal ($33).

The fastest growing export markets for Lubricating Products of Barbados between 2021 and 2022 were Bermuda ($160), United States ($112), and Portugal ($33).

Imports In 2022, Barbados imported $659k in Lubricating Products, becoming the 160th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 357th most imported product in Barbados. Barbados imports Lubricating Products primarily from: United States ($453k), China ($124k), United Kingdom ($23.5k), Lithuania ($18.4k), and Turkey ($11.9k).

The fastest growing import markets in Lubricating Products for Barbados between 2021 and 2022 were China ($122k), United States ($42k), and United Kingdom ($12.8k).

Latest Trends

Nov 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 Lubricating Products. 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)$305
IMPORTS (2022)$659k
NET TRADE (2022)-$658k

In 2022, Barbados exported $305 in Lubricating Products. The main destinations of Barbados exports on Lubricating Products were Bermuda ($160), United States ($112), and Portugal ($33).

In 2022, Barbados imported $659k in Lubricating Products, mainly from United States ($453k), China ($124k), United Kingdom ($23.5k), Lithuania ($18.4k), and Turkey ($11.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
Bermuda$160 (1%)
United States$112 (1%)
Portugal$33 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Barbados WERE (2021 - 2022):
Colombia-$13.7k (-100%)
Sweden-$1.75k (-100%)
Guatemala-$65 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Barbados's main exporting competitors in Lubricating Products were:
Germany $2.32B
United States $1.94B
Japan $1.24B
In 2022, Barbados's main importing competitors in Lubricating Products were:
China $1.71B
Germany $676M
Mexico $433M

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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