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Exports In 2022, Barbados exported $1.86M in Medical Instruments, making it the 103rd largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 32nd most exported product in Barbados. The main destination of Medical Instruments exports from Barbados are: Saint Lucia ($387k), Saint Vincent and the Grenadines ($361k), Chinese Taipei ($184k), Saint Kitts and Nevis ($169k), and Dominica ($165k).

The fastest growing export markets for Medical Instruments of Barbados between 2021 and 2022 were Saint Lucia ($258k), Saint Vincent and the Grenadines ($210k), and Saint Kitts and Nevis ($128k).

Imports In 2022, Barbados imported $9.78M in Medical Instruments, becoming the 155th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 36th most imported product in Barbados. Barbados imports Medical Instruments primarily from: United States ($6.52M), Costa Rica ($462k), China ($313k), Bulgaria ($313k), and Germany ($312k).

The fastest growing import markets in Medical Instruments for Barbados between 2021 and 2022 were Costa Rica ($451k), Bulgaria ($313k), and Denmark ($159k).

Latest Trends

Oct 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 Medical Instruments. 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)$1.86M
IMPORTS (2022)$9.78M
NET TRADE (2022)-$7.92M

In 2022, Barbados exported $1.86M in Medical Instruments. The main destinations of Barbados exports on Medical Instruments were Saint Lucia ($387k), Saint Vincent and the Grenadines ($361k), Chinese Taipei ($184k), Saint Kitts and Nevis ($169k), and Dominica ($165k).

In 2022, Barbados imported $9.78M in Medical Instruments, mainly from United States ($6.52M), Costa Rica ($462k), China ($313k), Bulgaria ($313k), and Germany ($312k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Barbados WERE (2021 - 2022):
Grenada-$77.7k (-45.1%)
Morocco-$37.9k (-96.5%)
Guyana-$24k (-93.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Barbados's main exporting competitors in Medical Instruments were:
In 2022, Barbados's main importing competitors in Medical Instruments were:

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

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

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