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2022
Exports $119kWorld Rnk 68 / 184
Flag Rnk 190 / 746
2022
Destination $56.7k Colombia
2021 - 2022
FASTEST GROWING MARKET $56.7kColombia
2022
PRODUCT COMPLEXITY IN Tool Sets0.9Rnk 208 / 1025
2022
Imports $115kWorld Rnk 175 / 218
Flag Rnk 647 / 1102
2022
Origin $19.5k United States
2021 - 2022
FASTEST GROWING ORIGIN $19.5kUnited States

About

Exports In 2022, Barbados exported $119k in Tool Sets, making it the 68th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 190th most exported product in Barbados. The main destination of Tool Sets exports from Barbados are: Colombia ($56.7k), Saint Vincent and the Grenadines ($32.5k), United Kingdom ($24.9k), Germany ($2.55k), and Antigua and Barbuda ($998).

The fastest growing export markets for Tool Sets of Barbados between 2021 and 2022 were Colombia ($56.7k), Saint Vincent and the Grenadines ($32.5k), and United Kingdom ($24.9k).

Imports In 2022, Barbados imported $115k in Tool Sets, becoming the 175th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 647th most imported product in Barbados. Barbados imports Tool Sets primarily from: United States ($74.7k), Trinidad and Tobago ($15.1k), United Kingdom ($13.4k), China ($5.09k), and Aruba ($1.18k).

The fastest growing import markets in Tool Sets for Barbados between 2021 and 2022 were United States ($19.5k), United Kingdom ($4.46k), and Trinidad and Tobago ($2.9k).

Latest Trends

Sep 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 Tool Sets. 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)$119k
IMPORTS (2022)$115k
NET TRADE (2022)$4.05k

In 2022, Barbados exported $119k in Tool Sets. The main destinations of Barbados exports on Tool Sets were Colombia ($56.7k), Saint Vincent and the Grenadines ($32.5k), United Kingdom ($24.9k), Germany ($2.55k), and Antigua and Barbuda ($998).

In 2022, Barbados imported $115k in Tool Sets, mainly from United States ($74.7k), Trinidad and Tobago ($15.1k), United Kingdom ($13.4k), China ($5.09k), and Aruba ($1.18k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
Colombia$56.7k (1%)
Saint Vincent and the Grenadines$32.5k (1%)
United Kingdom$24.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Barbados WERE (2021 - 2022):
United States-$3.73k (-83.8%)
Jamaica-$1.44k (-96%)
Guyana-$1.15k (-80.4%)
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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 Tool Sets were:
China $777M
Chinese Taipei $222M
Germany $143M
In 2022, Barbados's main importing competitors in Tool Sets were:
Germany $157M
United States $150M
Netherlands $104M

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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