2022
Exports
$1.12MWorld Rnk 125 / 226
Flag Rnk 60 / 746
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1Rnk 170 / 1025
2022
Imports
$13.4MWorld Rnk 157 / 225
Flag Rnk 24 / 1102

About

Exports In 2022, Barbados exported $1.12M in Motor vehicles; parts and accessories (8701 to 8705), making it the 125th largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 60th most exported product in Barbados. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from Barbados are: Saint Lucia ($241k), Cyprus ($170k), Bermuda ($157k), Antigua and Barbuda ($137k), and Saint Kitts and Nevis ($71.7k).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of Barbados between 2021 and 2022 were Antigua and Barbuda ($107k), Saint Lucia ($60.9k), and Bermuda ($59.1k).

Imports In 2022, Barbados imported $13.4M in Motor vehicles; parts and accessories (8701 to 8705), becoming the 157th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 24th most imported product in Barbados. Barbados imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: United States ($3.55M), China ($2.2M), Japan ($1.75M), Chinese Taipei ($1.28M), and Panama ($959k).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for Barbados between 2021 and 2022 were China ($805k), Panama ($625k), and Chinese Taipei ($403k).

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 Motor vehicles; parts and accessories (8701 to 8705). 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)$1.12M
IMPORTS (2022)$13.4M
NET TRADE (2022)-$12.2M

In 2022, Barbados exported $1.12M in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of Barbados exports on Motor vehicles; parts and accessories (8701 to 8705) were Saint Lucia ($241k), Cyprus ($170k), Bermuda ($157k), Antigua and Barbuda ($137k), and Saint Kitts and Nevis ($71.7k).

In 2022, Barbados imported $13.4M in Motor vehicles; parts and accessories (8701 to 8705), mainly from United States ($3.55M), China ($2.2M), Japan ($1.75M), Chinese Taipei ($1.28M), and Panama ($959k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
Saint Lucia$60.9k (33.8%)
Bermuda$59.1k (60.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY Barbados WERE (2021 - 2022):
Australia-$1.2M (-95.6%)
United States-$232k (-91.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Barbados's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, Barbados's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

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

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is N/A. With an export gap of N/A.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is N/A with an import gap of N/A.

See methodology.

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