2023
Exports
$736kWorld Rnk 129 / 219
Flag Rnk 71 / 726
2023
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.86Rnk 6 / 1025
2023
Imports
$18.4MWorld Rnk 131 / 226
Flag Rnk 14 / 1100

About

Exports In 2023, Barbados exported $736k in Machinery Having Individual Functions, making it the 129th largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 71st most exported product in Barbados. The main destination of Machinery Having Individual Functions exports from Barbados are: Colombia ($230k), Trinidad and Tobago ($200k), Saint Vincent and the Grenadines ($172k), Dominican Republic ($46.1k), and Saint Lucia ($21k).

The fastest growing export markets for Machinery Having Individual Functions of Barbados between 2022 and 2023 were Colombia ($230k), Saint Vincent and the Grenadines ($165k), and Trinidad and Tobago ($137k).

Imports In 2023, Barbados imported $18.4M in Machinery Having Individual Functions, becoming the 131st largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 14th most imported product in Barbados. Barbados imports Machinery Having Individual Functions primarily from: N/A.

The fastest growing import markets in Machinery Having Individual Functions for Barbados between 2022 and 2023 were United States ($13.6M), Germany ($795k), and Panama ($240k).

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 Machinery Having Individual Functions. 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)$736k
IMPORTS (2023)$18.4M
NET TRADE (2023)-$17.7M

In 2023, Barbados exported $736k in Machinery Having Individual Functions. The main destinations of Barbados exports on Machinery Having Individual Functions were Colombia ($230k), Trinidad and Tobago ($200k), Saint Vincent and the Grenadines ($172k), Dominican Republic ($46.1k), and Saint Lucia ($21k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Barbados WERE (2022 - 2023):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Barbados WERE (2022 - 2023):
United Kingdom-$57.8k (-100%)
Saint Lucia-$13.1k (-38.4%)
Denmark-$12.2k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Barbados's main exporting competitors in Machinery Having Individual Functions were:
In 2023, Barbados's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

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

Machinery Having Individual Functions’s highest export potential is N/A. With an export gap of N/A.   Machinery Having Individual Functions’s highest import potential is N/A with an import gap of N/A.

See methodology.

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