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Pricing

2022
Flag → Flag
Exports $94.8MRnk 106 / 224
2022
Flag → Flag
Top Product $11.2MCars
2022
Flag → Flag
Exports $8.23MRnk 12 / 139
2022
Flag → Flag
Top Product $3.03MHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 12 / 124

About

United Kingdom-Barbados In 2022, United Kingdom exported $94.8M to Barbados. The main products that United Kingdom exported to Barbados are Cars ($11.2M), Other Edible Preparations ($3.42M), and Cheese ($3.29M). During the last 27 years the exports of United Kingdom to Barbados have increased at an annualized rate of 1.97%, from $56.1M in 1995 to $94.8M in 2022.

In 2022, United Kingdom did not export any services to Barbados.

Barbados-United Kingdom In 2022, Barbados exported $8.23M to United Kingdom. The main products that Barbados exported to United Kingdom were Hard Liquor ($3.03M), Copper Wire ($1.15M), and Engine Parts ($550k). During the last 27 years the exports of Barbados to United Kingdom have decreased at an annualized rate of 5.27%, from $35.5M in 1995 to $8.23M in 2022.

In 2022, Barbados did not export any services to United Kingdom.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38),  and 14 in total exports ($469B). That same year, Barbados ranked 176 in total exports ($393M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £3.98M and imported £207k from Barbados, resulting in a positive trade balance of £3.78M. Between January 2023 and January 2024 the exports of United Kingdom have decreased by £-2.94M (-42.4%) from £6.92M to £3.98M, while imports decreased by £-180k (-46.6%) from £387k to £207k.

Trade In January 2024, the top exports of United Kingdom to Barbados were Cars (£3.31M), Frozen Bovine Meat (£330k), Lifting Machinery (£226k), Packaged Medicaments (£182k), and High-voltage Protection Equipment (£168k). In January 2024 the top imports of United Kingdom from Barbados were Alcohol > 80% ABV (£169k), Paintings (£50k), Aircraft parts including unmanned craft (£36.8k), Hard Liquor (£30.4k), and Commodities not elsewhere specified (£20.2k).

Origins In January 2024 the exports of United Kingdom were mainly from Portsmouth (£2.77M), London Heathrow Airport (£619k), Dover (£145k), East Midlands Airport (£106k), and Manchester Airport (£101k), while imports destinations were mainly Portsmouth (£55.6k), Grangemouth (£24.6k), Southampton (£15k), and East Midlands Airport (£9.39k).

Growth In January 2024, the decrease in United Kingdom's year-by-year exports to Barbados was explained primarily by an decrease in product exports in Iron Blocks (£-292k or -84.6%), Laboratory Reagents (£-205k or -95.6%), and Poultry Meat (£-69.5k or -55.9%). In January 2024, the decrease in United Kingdom's year-by-year imports  from Barbados was explained primarily by an decrease in product imports  in Commodities not elsewhere specified (£-12.3k or -37.8%), Gas Turbines (£-10.7k or -92.4%), and Orthopedic Appliances (£-8.79k or -70.4%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)£-2.94M(-42.4%)
IMPORT GROWTH (January 2023 - January 2024)£-180k(-46.6%)
MAIN EXPORTER (January 2024)Portsmouth£2.77M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Barbados and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Barbados and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $94.8M to Barbados. The main products exported from United Kingdom to Barbados were Cars ($11.2M), Other Edible Preparations ($3.42M), and Cheese ($3.29M). During the last 27 years the exports of United Kingdom to Barbados have increased at an annualized rate of 1.97%, from $56.1M in 1995 to $94.8M in 2022.

In 2022, Barbados exported $8.23M to United Kingdom. The main products exported from Barbados to United Kingdom were Hard Liquor ($3.03M), Copper Wire ($1.15M), and Engine Parts ($550k). During the last 27 years the exports of Barbados to United Kingdom have decreased at an annualized rate of 5.27%, from $35.5M in 1995 to $8.23M in 2022.

Exports from United Kingdom (Flag) to Barbados (Flag) (2022)

Exports from Barbados (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationN/AN/A
Barbados
Top DestinationN/AN/A

This map shows whether countries import more from United Kingdom or Barbados. Each country is colored based on the difference in imports they receive from United Kingdom and Barbados or the difference in the growth in imports.

N/A

N/A

Difference in imports from Barbados (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Barbados

Flow
Scale

This chart compares trade between United Kingdom and Barbados by product, considering products traded by both, United Kingdom and Barbados.

During 2022, United Kingdom had a large net trade with Barbados in the exports of Machines ($17.7M), Transportation ($15.3M), and Foodstuffs ($14.1M).

During 2022, Barbados had a large net trade with United Kingdom in the exports of N/A.

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United Kingdom has comparative advantage over Barbados. Similarly, the more yellow a dot/product is, the more Barbados has comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Barbados (Flag) (2022)

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